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by edrtfgdr 6204 days ago
It breaks even on a very small amount of ads. There are plans to make more money with a job board and a contractor/client bidding board. They also have plans for internal enterprise versions for companies. It was recently valued at $1M during a recent podcast.
2 comments

Jason Calacanis offhandedly, and a bit sarcastically, offered 100k for 10%. I wouldn't call that a 1M valuation. (I don't dispute that it's some valuation, but your statement is a bit misleading).
I think his valuation was really low!
I'm guessing you actually mean it covers running costs on a small amount of ads. A small amount of ads doesn't pay many wage bills* - I'm guessing there are a equivalent of a couple of full-time people working on SO? Doing backups fighting off crackers, ensuring trust metrics aren't abused, making optimisation changes, upgrading hardware, etc..

500000 uniques but how many ad clicks? I'd imagine their clicks-per-impression is really low on this sort of site unless the ad is the solution to the problem. People are focussed not aimlessly searching, they're also probably the sector most immunue to ads - computer experts at work.

The Jason Calacanis Stackoverflow podcast did a pretty interesting analysis of business potential of the site (to me at least), discussing most of the points you mention.
OK, I've tried to look for the podcast. There are like 60 of them and they appear to be rambling conversations - can you point me a bit more directly?
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