Thursday, July 23, 2009

I think i've posted about before but if i haven't go check it out.

Sebastian just posted this question

Sebastian Delmont I wonder how many of the 35+ million dollars lost by the NY times in the last 6 months were because of StreetEasy

Here is my reply,

In Australia real estate is a major powerhouse for (they run it under their website).I haven't lived there for 5 years but... pretty much every house/apt for sale in Sydney would run an advertisement in the Saturday Herald.Plus for rental listings it used to be the only effective place to run it. Every apartment i've ever lived in has been located in the SMH.So to answer your question should the New York Times buy ,definitely, but if they did you would have to change your business model.

Relevant to a number of businesses both from the 'leading edge upstarts' and the legacy 'category kings'.

What would you do?


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