TheJunction.net

I do NOT ever take on something so personal as the recent incredibly bad experience I had with a UK web host.But, I’m not sure if it is the current state of the George W. Bush (GOP) great recessionary economy or a sign of the times for future prosperity,but never-the-less this web hosting service could NOT have gotten any worse. Everything that could go wrong – did!

A few months ago a WordPress blog run by one person, Johns Wu, sold for nearly $15 million. The blog is called Bankaholic, and it was purchased by BankRate. The response within the blogging community can be summed up in a single word–shock. The sale was reported on ProBlogger, who had this to say:

If this price is true it’s a fairly decent sale for Mr Wu (understatement of the year) – the blog has an Alexa ranking of 42,168 and averages less than 20 comments per post. The blog does seem to rank very well for a lot of bank terms and I’m sure drives targeted traffic and would convert well with affiliate products – but this is still a fairly inspiring sale!

Comments left on Bankaholic after the sale were less understanding. One comment had this to say about BankRate’s business acumen:

A memo from the US Department of Homeland Security has recommended that corporate and government leaders do not travel with mobile equipment carrying sensitive information.