How much would you pay for a blog in the top 74%??

I mentioned that PubSub have this blog rated in the top 74% of the sites they monitor. Actually, it's dropped to top 84% now. So, you might wonder just what the value of such a highly rated blog is in the free market economy.

Today I stumbled across BlogShares, which has rated the value of kontrawize at $1137.50. To put that in perspective, it looks like they start all blogs out with a value of $1000, so I've increased shareholder value by almost 14% over about 6 months. Assuming the same compounded rate of growth, this blog could be worth about $1300 by August 2006, for a 30% annual gross profit before taxes, expenses, and extraordinary costs.

Apparently, each outgoing link from kontrawize is worth $61.88. On that basis, the Wikipedia owes me an all expenses paid dinner for four at the restaurant of my choosing, including a few bottles of good Australian red wine (although I don't think there will be enough in the kitty for some Grange Hermitage).

Hmmm. So, to test this theory out, I had a quick look on eBay, and searched for "blog". Guess what? Nobody seems to be selling one, which means nobody is buying one. Markets really only work when there is sufficient liquidity in the market, so the market for blogs doesn't look like such a good investment.

Probably better to invest in Grange Hermitage instead.