Gather.com, a Web site which is being touted as a kind of eBay
for written content, will announce next week that it will be receiving $6 million in funds from the Lotus Development
Corp and from Allen & Co., which is co-run by former senator Bill Bradley. The site will serve as a kind of
depository of online content, a place for people to sort through all the "noise" of the blogosphere. If that
sounds familiar, it's because there are already a lot of sites like Digg and Technorati trying to do exactly that. The
site also hopes to lure new writers by offering them a cut of advertising revenue. According to chief executive officer
Tom Gerace, it would be some time before the company would be able to pay any writer any kind of significant
compensation. Meanwhile, it'll be interesting to see if the company really has means and the ways to try and accomplish
what so many others are trying to do.Gather.com's approach
Gather.com, a Web site which is being touted as a kind of eBay
for written content, will announce next week that it will be receiving $6 million in funds from the Lotus Development
Corp and from Allen & Co., which is co-run by former senator Bill Bradley. The site will serve as a kind of
depository of online content, a place for people to sort through all the "noise" of the blogosphere. If that
sounds familiar, it's because there are already a lot of sites like Digg and Technorati trying to do exactly that. The
site also hopes to lure new writers by offering them a cut of advertising revenue. According to chief executive officer
Tom Gerace, it would be some time before the company would be able to pay any writer any kind of significant
compensation. Meanwhile, it'll be interesting to see if the company really has means and the ways to try and accomplish
what so many others are trying to do.Add your comments
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