What Internet business has raised $120 million in financing in the last year, owns 725,000 Web sites, and has as its chief executive the former head of Primedia and International Data Group?
If you guessed NameMedia, a privately held owner and developer of Web sites based in Waltham, Mass., you take the prize. Otherwise, consider reading on.
According to Kelly P. Conlin, the chief executive of NameMedia, the company's business is best seen as an online property developer.
"What we've wanted to do, quietly, is amass the largest real estate position on the Internet, which we feel we have," Conlin said.
Some of those properties, he said, are the equivalent of "oceanfront" sites, or high-value addresses like Photography.com or DailyHoroscope.com that NameMedia will populate with relevant editorial content. Those who type in any of NameMedia's other 6,000 or so photography-related Internet addresses, like photographyproducts.com, will land on Photography.com.
more here:
http://news.com.com/Developing+Net+p...l?tag=nefd.top
and how big is your empire?