What web 2.0 websites do you know that are actually making money
Techblogs often write about new startups & startup funding. But I can't find much information about whether or not these startups are actually making money.
So here's my question:
- what web 2.0 sites / companies do you know that were able to monetize their product / website?
- How much money are they making?
- How are they making money?
created by users, not by the owners )
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$6 Answers
What web 2.0 sites / companies do you know that were able to monetize their product / website?
Meebo
http://www.meebo.com
How much money are they making?
I dont' know the exact number to this, yet I heard ballpark around $1 million a month. Jason did an interview with Meebo's founder Seth Sternberg on This Week in Startups (TWiST).
Watch the video with Jason:
http://thisweekinstartups.com/2009/05/twist-episode-02-with-seth-sternberg/
How are they making money?
( here's my definition of a web 2.0 website: the content on the site is
created by users, not by the owners )
Advertising, and they have a community IM concept where they have a revenue sharing concept. They communicate via instant message, so the user is creating the content.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
I personally pay out of my pocket 12.00 dollars every month for Basecamp, a collaborative web project management site that allows me to stay in touch with my marketing teams in the Panama, Colombia and Venezuela office. I travel to each every month, but we always seem to be short on communication.
Basecamp is a simple project management site, yet it allows me to post notes without the "I did not get your message excuse", since it lives on a server. We can also comment on projects and exchange files from anywhere, home or office.
37signals counts among its peers with David Heinemeier Hansson, pioneer of the famous Ruby on Rails framework. They even have a book related on web 2.0 projects that you can either buy or download for free in HTML format.
Check them out. Their blog is filled with ideas on making profitable web 2.0 sites. Point your browser to www.37signals.com/svn
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
Quote (Value added)
You can keep your social calendar at Eventful or Upcoming, organize your to-do items at Gootodo, store a gigabyte's worth of documents at Box.net, read the news (or write your own) at Newsvine, find hours of video entertainment at YouTube or JumpCut, create and share Web bookmarks at Diigo, create podcasts and audio memos at Odeo, publish blogs at Wordpress or Xanga, and share your photos at Flickr or Buzznet -- or Riya or Bubbleshare or Zooomr. All for free. And that's just the beginning of the list.
Are any of these companies making a profit? No.
Is Web 2.0 a bubble? Yes
Will companies make money from contextual advertising? Yes
Will they compete against google for advertising share? No
Will most of the Web 2.0 companies be around in 5 years? Probably
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
Thanks for the answer,
I don't know if Youtube is the best example. Google has never made any profit of Youtube so far from what I've heard. The biggest problem with Youtube is the enormous cost of the bandwith.
"Credit Suisse says YouTube will generate $240 million in revenue, but those revenues will be dwarfed by the $711 million in licensing, hardware, marketing and other expenses the site will incur."
( Friday, April 3, 2009 )
http://newteevee.com/2009/04/03/analyst-youtube-could-lose-470m-this-year/
Most of the big websites make money through ad programs.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
www.superchirp.com
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
