It’s time for a moment of inspiration. Breaking news this morning that Bankrate has acquired Bankaholic.com for $15 million.
Bankrate has agreed to pay $12.4 million up-front, and an additional $2.5 million possible payout over the next year. Bankaholic has just one employee, John Wu, who will stay on and assist with the transition.
The blog currently has Alexa ranking of 42,168 and averages about 15 comments per post.
You can see the Google Trends chart here showing the blog’s growth over the past year.
Simply amazing. Remember the words of Winston Churchill: “Never give up….never!”
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