1 Man Blog Bankaholic.com Sells For US$15 Million

Yes you read that headline correctly a single blog, started and ran by a single blogger named Johns Wu has sold his blog, bankaholic.com to bankrate.com a financial info site for US$15 million dollars.

The story which broke on paidcontent.org said “Financial info site BankRate is expanding its financial product listings, as it’s acquiring Bankaholic, which provides info on deposits, savings accounts, and money market accounts. The company will pay $12.4 million up front, with another $2.5 million possible earnout over the next 12 months.”

If you were never a believe in the power of a blog and the relevance of bloggers, this oughta cure yah!

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