You have got to be kidding me

If you are interested in bringing a Localtude community to your neighborhood, town or small city, contact us at newplaces@localtude.com

I’m currently waiting for an e-mail response on how this company, if it’s even a company, plans to make money. Have they heard of Patch.com?

Also, here’s their Craigslist ad: http://chicago.craigslist.org/nch/wrg/1714167485.html

UPDATE: Here’s the e-mail I received when I asked about where the money would come from: 

“There are multiple revenue streams:

Advertising
Paid Listings
Sponsored posts
Paid Classified Listings
Direct Online Sales
Data Mining

To get a better idea of how it will work, see www.evanstononline, which is the pilot and test bed for all other hyperlocal sites.”

Data mining? Can someone explain that one to me? 
As for the pilot site in Evanston, I found among other things the assertion that “Evanston Online receives tens of thousands of visitors per month.” Oh really? 

2 Comments

  1. Anonymous April 28, 2010

    To be fair, Compete tends to underjudge stats. But yeah, it’s a bit specious to claim tens of thousands.

  2. Anna Tarkov April 28, 2010

    Yep, I’ve heard that about Compete and other similar sites. But even if they’re off, it can’t be by THAT much. Specious is right.

Comments are Disabled