Gabe Rivera is the creator of blogosphere memetracker Memeorandum that has turned into a popular news/blog destination for politics and technology. It’s a site based on using an algorithm to determine what stories and blog posts are the hottest and they float to the top. It also groups together the other blogs that are talking about it for an easy to track a discussion. It quickly became a favorite news destination of the politics and technology blogging worlds.
What makes it so smart is that because Gabe is just using a formula he developed, the site doesn’t require a ton of employees and revenue to run. What makes it even smarter, is he’s now rolling out his memetracker to other industries like his recently launched celebrity gossip site WeSmirch, and today he announced baseball memetracker BallBug.
The work he has put into Memeorandum is now paying off as he can roll out new sites that track stories in a similar manner, the possibilities are really endless there. I’m sure there’s work involved in determining which blog sources and news sources to track for each topic, but it’s a business that looks like it can expand without much work.
The question still remains though, what’s the revenue model? Well, ads could obviously be there, and if he can build a strong network of sites, I’m sure an acquisition would be possible. But what’s nice is that Gabe can probably take his time without needing money to fund a staff of workers.
Good work Gabe, I can’t wait to see what sites come next.
Well, thanks for the rather strong compliment! About the ease of rolling out new sites: unfortunately, each new one gets a little harder because new technology is needed to extract the good stuff. Politics is definitely the low hanging fruit, and then each topic becomes more of a challenge…
Hi Gabe,
Thanks for dropping by. I figured there was some manual work involved in each site to make sure the sources it uses are good, but keep up the good work.
I agree Pat…Gabe builds cool stuff!