Seriously. Calacanis can. And so can you. I don’t think there’s anything technically revolutionary about what he’s doing either. He’s a blogmaster and he manages about 100 professional bloggers. Much of his business is based on Google ad revenue. Is there anything uber astute about his service? Not really. He has indentified information that people want and he gives it to them — in 75 different flavors.
What is significant is that he’s beating the pants off of the big guys. He gets it and they don’t. Oh, and he’s got stones the size of Texas. CNET and the NY Times wish they could compete with him for readership. Microsoft is trying to do something similar with their MSN Filter gamble. Jason Calacanis hasn’t even been doing this for a full year. I hate to be the master of the obvious, but Jason, Ruport Murdoch, and Google all tell us that user driven content is the name of the game in 200x. Jason has proven that we can capitalize on that content equitably and other bigger media outlets are following his lead.
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i think the question is whether what weblogsinc is doing is sustainable? barriers to entry seem pretty low. i don’t get why someone would cut calacanis in on the action if they had a blog, save for the traffic he may be able to drive their way–which i’m sure yahoo or google can do more effectively anyway. any blogger could sign up for adsense, no? it seems like once people get hip to the money to be made, they’ll want to cut out the deadweight management. unless there is some other great value he’s providing, am i missing something?
He’s showing growth on a monthly basis, but whether his business is sustainable over the long-term is anyone’s guess. I’m guessing that a liquidity event is in his near future.