28 posts and columns on user-generated
Today, after Demand Media beat Wall Street expectations, its cheerful execs got on the horn with investors to explain how it plans to beat the Panda. That would be the beastly name for Google’s rejiggering of its search algorithm, in order to rid search results of poor quality content. BoomTown liveblogged the event, of course.
News ByteNileGuide wants to be the alternative to scuzzy keyword-stuffed travel information from content farms. The company, which pays local editors to maintain free, user-generated content, has acquired 10Best.com, a profitable edited travel recommendations site from EnVeritas that’s been around since 2000, to help boost NileGuide’s traffic to three million visitors per month. Terms were not disclosed, but NileGuide said it will keep a portion of 10Best’s staff in Greenville, S.C.
SB Nation, the Washington, D.C.-based sports blog and news start-up, has just completed a $10.5 million Series C round, which is being led by Khosla Ventures, according to sources. SB Nation has already raised about $13 million in total venture funding from Accel Partners, Allen & Company, Comcast Interactive Capital, as well as angel investors such as Ted Leonsis and others in Silicon Valley.