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Monday, 4th August 2008

For-profit Wikia sees spike in traffic despite rocky start

From the article:

Unlike user-generated content sites like Wikipedia, Wikia aims to delve deeper into subjects by grouping experts around specific topics to post and edit. It's named after wikis, a term for a group of web pages that can be easily edited by members. Despite sharing a founder and part of a name, Wikia has no financial or editorial relationship to Wikipedia. Wikia was funded with $14 million so far, $4 million in venture capital from Bessemer Venture Partners, Omidyar Network and individual investors and an estimated $10 million from Amazon.com. Wikia makes money through online advertising while Wikipedia is funded by grants from the public through the Wikimedia Foundation Inc. The company declined to share revenue.

Source: SF Business Journal


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