Yahoo Buys MyBlogLog For Only $10 Million Dollars

MyBlogLog the new favorite blogging tool has been bought by Yahoo for “a little over $10 Million Dollars”. It’s shame because I think it’s worth a lot more than that simply becuase of the value of it’s tracking service.

Think about it a big advertiser like Yahoo will certainly take advantage of the 45,000 thousand or so communities to better understand what blogs work and why they work better than others. Not to mention free publicity through the widgets they offer. Rarely do I see a blog without a MyBlogLog widget.

In my opinion this fast growing new blogging trend should have sold for more than at least $50 Million. It just keeps growing and the beauty about is that individual users can join the communities they read. So not only can it collect information about the blogs themselves but also of the users of that certain blog.

I myself registered at MyBlogLog the first time I found it finding a good tool that got seo news recognized fairly quickly. The seo news blog community also is also growing daily and certainly I’ve also participated by joining the communities which I frequent.

Thank You

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