BusinessWeek’s Heather Green wrote about the breakup. Chuck Olsen, who is a friend of both Andrew’s and Amanda’s, said they weren’t raking in the money, even though I reported that they were making $85,000 a week.
Hmmm, I thought I accurately reported what Andrew had told me and others at VLoggerCon, but Chuck says that the $85,000 amount was just the top line in their ad sheet and didn’t represent any ads sold. Demonstrated that I should have gotten more facts before I reported that they had sold ads for $85,000 a week. Looks like the highest they got was about $40,000 for a week, but they were struggling to close more ad deals.
At VloggerCon Amanda also introduced her brother and said he was working for Rocketboom. If I remember right there was another employee as well. I wonder what’ll happen to them?
It’s too bad, though. One of the things that interested me about PodTech was they have a good sales staff already in place that was pulling in good sales. I — and that’s with content that’s a lot less popular than Rocketboom. At PodTech I met the sales team before I made my decision and they are rocking already.
I can’t believe that with an audience of 250,000 per day they couldn’t find some advertising, though. I know people who are making $10,000 per month in Google ad revenue with less traffic than what Rocketboom was getting.
Update: Andrew just wrote me and said they did close a deal for $80,000 and that he just got paid for that a few days ago.