yahoo buys mybloglog

It was only a matter of time before someone snatched up MyBlogLog. For those of you not in the know, MyBlogLog is a relatively new social network that connects bloggers by building communities. You can meet people who read the same blogs that you do, or find out who’s reading your blog. Obviously Yahoo saw a lot of value in the MyBlogLog model, because theyponied up $10 million for it. Monkey Bites points out that MyBlogLog and Bix (another Yahoo purchase) might be considered “B-list prizes“, due to the fact that Yahoo tried (and failed) to acquire YouTube and Facebook.

2 Comments so far

  1. Neo on November 20th, 2006

    I am waiting for some big brothers to drop by and buy my site/domain name too!

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