From PaidContent.org :: The infamous Jason Calacanis writes on the sale of his VCR:”We basically leveled the second biggest brand in the space, VentureWire, in under year. Venture Reporter was a database and Venture Wire was a blog. There is nothing wrong with blogs, but let’s be honest here a blog is not a business. It might be a profitable hobby in some cases but I don’t think a blog is going to make anyone rich any time soon.”

Calacanis equation:: blog + database + research reports = big business, blog plus nothing = a hobby. “In my mind blogs have killed the newsletter business. You can’t be just a newsletter any more because some talented and ambitious fellow who has been laid off will spend $99 to host a blog to kill his former boss. The only protection you have is to build something bigger and better then a blog. Blogs are killing the weak publishers.”