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Architects: Small & Medium Size Business (SMBs), Product Development, De-Risking, Validation, Building Niche & Emerging Markets
Architects: Social Networks/Web 2.0 (Acquired)
The Top 20 Blog Buyouts That Earned Their Founders Millions

Wonkette – Sold for $12 million*

Parents

Founded 2008
Gawker Media thought a downturn in the internet boom was on the horizon.
It was part of the Gawker Media Network, and its founding editor was Ana Marie Cox, former editor of Suck.com.
It’s also worth mentioning that Ken Layne was editor of the site when he and his partners bought it.
Not wanting to lose all the money they had poured into the website, they sold it.
The buyers were Ken Layne and his business partners, who payed $12 million.
Wonkette is a website that was established in January 2004.
Year of Sale: 2006