I don’t normally buy magazines, but I could help buying the latest edition of Business 2.0. The article which caught my attention was on Richard Rosenblatt. He is only 37 and helped broker the sale of MySpace. In 1999 he sold his company iMall to ExciteAtHome for $565 million.
His latest company is Demand Media. He sees the value of buying quality domain names and rather than just putting up a page of PPC ads, he is developing the site, or at creating a site which allows submit their own content.
I couldn’t help feeling that I am trying to implement a similar strategy, albeit on a smaller scale.
You can read the full article here.
