Four years ago yesterday, Blogads.com opened for business. We had high hopes, expecting a rush from bloggers looking to make money and advertisers craving influential, highly networked audiences. Neither bloggers or advertisers materialized for quite a while, as it turned out. We’d been working nonstop on Blogads.com since March of 2002 with huge expectations, so as time trickled by and sales baaaarely dribbled in, my wife and colleagues were shaking their heads, concluding that I’d wasted six months of their lives and enthusiasm. The shaking kept up for a quite a while. In all of 2002, we sold $2000 worth of ads, then a whopping $10,000 in all of 2003. We kept programming and chattering because every month, sales were a little higher and advertisers were a little more interesting. And, most importantly, we saw nothing that contradicted the original three hypotheses that undergirded the creation of Blogads.com: a) that blogging is a unique and powerful new force in the information economy b) that blog readers are uniquely valuable to advertisers in this emerging universe of p2p communication and c) that Blogads.com can play a unique roll in connecting bloggers and advertisers.
Here’s the birth announcement post from August 13, 2002.
Thank you to the many bloggers and advertisers (and readers of this blog) who have invested precious trust, ideas, time and money in Blogads.com and allowed it to grow and thrive.