Google Buys Feedburner
Ian Lurie May 23 2007
Google just bought Feedburner for about $100 million bucks.
What does Feedburner do? They make it easier to distribute and consume RSS feeds. By purchasing Feedburner, Google purchases another huge network on which to distribute their pay per click advertising: RSS feeds.
What’s an RSS feed? Think of it as an up-to-date list of article titles from a blog or other web site. Anywhere you see this:
you can subscribe to and receive updates using a feedreader, so you don’t have to visit the site. It’s especially useful for big information consumers like me, who track lots of sites at once:
If a site publishes an RSS feed, then I can track new stuff on that site without having to remember to visit the site itself.
This is a very smart purchase by Google. $100 million is a huge payday for Feedburner, but the potential revenue from selling ads in nearly 1 million feeds already in Feedburner is huge.
Ian Lurie is CEO and founder of Portent Inc. He's recorded training for Lynda.com, writes regularly for the Portent Blog and has been published on AllThingsD, Forbes.com and TechCrunch. Ian speaks at conferences around the world, including SearchLove, MozCon, SIC and ad:Tech. Follow him on Twitter at portentint. He also just published a book about strategy for services businesses: One Trick Ponies Get Shot, available on Kindle. Read More