If you wanted proof you can still make money off the internet without a fancy ‘web 2.0′ looking site, look no further. Paul Montgomery founder of Aussie Startup Tinfinger is reporting:
“Knapp Communications, based in the inner-city Sydney suburb of Surry Hills, has sold the bicycle news Web site cyclingnews.com to UK-based Future Publishing for £2.2 million (A$5.2 million, US$4.4 million).”
Im sure the content is great, but geez that is one ugly looking site.
