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01|09|2009 11:48 pm EDT Secures $2.5 Million from Voyager Capital

by Chad Kettner in Categories: Up to the Minute

AboutUs, a website wiki service that receives over 7 million hits per month, has secured $2.5 million worth of financing from Voyager Capital whose managing director, Erik Benson, also opted to join its board.

AboutUs is a 3-year-old business startup with an early record of success. The company is already turning a profit by generating revenue through online advertising and consulting services, but it’s looking for more. CEO Ray King (also the founder of Snapnames) wants the company to expand beyond being a Wikipedia for online businesses – he has a vision where the community evolves into a collaborative workspace where business owners can connect with likeminded individuals and exchange ideas for further growth.

“Our purpose is [to] transform the way people work together, that is our long-term goal,” said King in an article by TechFlash. “When I saw the first wiki years ago, I was moved because I saw immediately that this was going to change the way I worked in the world.”

The current business concept is thriving because people so often browse the Internet by entering domain names into the search engine. Since AboutUs is built around the URLs, it often has a good search engine positioning and receives a significant amount of traffic.

[via TechCrunch]

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Blog Hosting

January 10, 2009 @ 1:28 am EDT

This just shows that as long as you have a purpose and stay focused, the web is extremely profitable. Good for Ray


January 10, 2009 @ 4:01 am EDT

This site is associated in my mind with “bulk spam indexing”.
I’am astonished why Google still not banned their site.
Pages that scrapped some content of no interest.
I will say: “Made For AdSense” pages in the BIG scale.
It’s funny that investors put money there.
It’s very risky, if tomorrow Google put a penalty as they as they should: They are died!

Stephen Douglas

January 10, 2009 @ 6:47 am EDT

I love “puzzle” posts made in English by those who don’t speak it very well, and, ummm, should hire an translator before they post a comment (or emails, or blog articles) that appear to be in “English”. My sense is that if I want to do business in France and I didn’t speak french fluently, my first investment would be to hire a bilingual assistant to translate English into French. Best ROI right out of the gate. It works both ways. hint hint

Je vous respecte, Francois, mais vous devez transmettre par relais vos pensées françaises dans meilleur anglais que vous aviez fait. Nous des Américains pouvons à peine vous comprendre, qui blesse vos bénéfices. Conseil amical.

Anyway, congrats to Ray and Jay and the rest of the team. Here’s hoping that they are NOT “died” soon.

January 10, 2009 @ 11:14 am EDT

Francois, I have often thought the same thing. All they are doing is scraping data from other sites and consolidaing it. And, Google gives them top position.
If I scraped data from a number of sites, Google would penalize me.

Plus, everytime I go to a AboutUs listing I say to myself, “why did I waste my time?”

If they were supplying something really interesting, it would be beneficial.
Maybe, the average surfer gets something out of it. But, I don’t.

And, then I also wonder about copyright and TM infringement. I haven’t thought that thru yet. But, that is not my problem, it theirs.


January 10, 2009 @ 12:04 pm EDT

Thanks to the use of “black hat” techniques and with the help of a giant of our industry they succeed escape the Google radar and spam so much their index (I will not say more on this).
But trust me it’s CRITICAL and URGENT they succeed having a service that works without the need to be constantly bombarded by search engine traffic.
Otherwise I should not be surprised their SERPS quickly fall down to the troublion or worst, their site be banned.
SEO tips and tricks don’t live for ever and unfortunately I know about it myself.
This is why I said it’s a RISKY INVESTMENT.
By experience I will say when you play the Google lottery, you may win parties but know that at the end you allways lost.
This is why you cannot base any serious business on search engine traffic only.
If the site, service you provide has low value and only live thanks to search engine traffic you future is dark.
It’s totally absurd to think Google can give you the traffic, give you the AdSense money and that you only have to enjoy the profit.
This is why it’s urgent they use investors money to try to “make it happen”: Use existing traffic to create an appealing service of interest.

Thanks to remember me I look likes a morron writing english.
This is why I don’t have any blog nor I never assist english conferences.
And sorry if my first post was confuse, I hope this one put more light on my thoughts.


January 10, 2009 @ 12:12 pm EDT

It irriates me everytime I see that instead of our domain showing up top in searches, its this site’s url/ showing up.

I agree with users above that is is a crappy site taking advantage of other sites and hardly providing anything worthwhile.

Patrick McDermott

January 10, 2009 @ 1:10 pm EDT

“Je vous respecte, Francois, mais vous devez transmettre par relais vos pensées françaises dans meilleur anglais que vous aviez fait. Nous des Américains pouvons à peine vous comprendre, qui blesse vos bénéfices. Conseil amical.”


I translated your French comment using FreeTranslation .com.

You might enjoy the translation.

I did. :-)

The (free) translation:

“I respect you, Francois, but you must transmit by relay your French thoughts in better English than you had done. We of the Americans can scarcely to understand yourself, that injures your profits. Friendly counsel. “


January 10, 2009 @ 2:49 pm EDT

That is funny translation indeed.


January 10, 2009 @ 5:55 pm EDT

I got a different and what I think is a better and more accurate translation :p

“I respect you, Francois, but you must relay your thoughts in French better English than you did. We Americans can hardly understand you, which hurts profits. Council friendly.”

January 10, 2009 @ 5:56 pm EDT

As for the business itself, and concept… It is a great one. Easy money.

The web is full of opportunities and review sites are pretty popular ;)

I do agree with Francois that it is not a standalone business and relies heavily on third parties. Without them… They got nothing. We’ll see how it goes :)



Chris Nielsen

January 10, 2009 @ 7:28 pm EDT

I’m surprised that so may people have COMPLETELY missed the point about, which we have been using a little for some of our domains and sites. I have liked what they were doing, but I was also not sure how long the would be around. Still, getting a free listing to promote our sites and domain names is always a good thing.

Now that I know they are serious and realize that they have already been here for THREE YEARS (And how many successful sites do YOU have that have been online for that long…?) I plan on spending a lot more time there.

Here’s what you need to know about their site: If a listing for a domain does note exist and you search for it, their system creates a listing and tries to pull information from the sites meta tags and content.

THEN, if you don’t LIKE it or what something different, you can freakin EDIT THE LISTING…! I can’t understand why some people bitch and complain about a free resource they can use to market and promote their sites, AND DOMAINS!

Patrick McDermott

January 10, 2009 @ 7:46 pm EDT

“I got a different and what I think is a better and more accurate translation”

Yes, but mine is funnier! :-)

Stephen Douglas

January 11, 2009 @ 4:43 am EDT

Patrick… HAHAHAHAHAHA! That’s so on target. Thanks to all for pointing out that my Mac Dashboard translation widget doesn’t work as well as I hoped. lol

Yeah, Francois can slap me back on that one. beautiful!

As far as, hey, they’re building a wiki, and they’re a jump ahead. Respect your elders. lol

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