Note: The guys at Nut Graph DID NOT ask me to do this posting. I'm not even sure if it's going to help.
Trying to stay afloat. When you are running an online portal, you realise that you need money as much as you need passion. And money doesn't grow on trees.
The people behind Nut Graph, the 11-month socio-political news site, may have to close shop if they can't find enough money to keep the business going. Yes, it is a business: you have to pay salaries of writers, contributers and columnists, there's rent and utilities to pay, and machines and servers to maintain.
When I wanted to start my own portal early this year, one vendor quoted a fee of a little over RM80,000. They brought it down to RM30,000 after finding out that I didn't have the money and later agreed to settle for a partnership where they'd do the portal for me, F.O.C., and we'll split the profits from online ads, if any.
So, I understand Nut Graph's predicament.
If you'd like to help them, go here.
Thursday, August 06, 2009
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