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  1. #1
    ABW Founder Haiko de Poel, Jr.'s Avatar
    Join Date
    January 18th, 2005
    New York
    Exclamation Now Matsui Buys into Feedster
    ... on the heels of Rakuten buying Linkshare ... one of the major investors of LS Matsui, takes their cash and buys into feedster ...

    September 8, 2005 /New Media Report/--There must be something about the way we do business online that keeps bringing the Japanese back. Just a day after Rakuten announced its acquisition of Linkshare, fellow Far East trading company Mitsui & Co., Ltd. is breaking a piece off budding US search engine/RSS service Feedster. While financial details haven’t been disclosed, Mitsui is now on the verge of having a stake in Feedster’s index of thirteen-million syndicated blogs and RSS feeds from 75,000+ published sources—CNet, BBC and New York Times among them. But Feedster VP of Sales and Marketing Chris Redlitz stops short of calling it a firm alliance…yet. “It’s an investment only, not a partnership,” he says. “It’s not unusual for them to make investments, whether they are active or not in the company. But it’s not necessarily a prelude to a partnership.” Whatever may or may not be coming down the pipeline, Redlitz says that this is a deal that works from Feedster’s perspective. “[Mitsui] had to look at it as a sound investment…They are very interested in what we are doing, and this investment really helps us grow our business.” All investments do, Chris, all investments do.
    Source - NMReport
    Continued Success,

    The secret of success is constancy of purpose ~ Disraeli

  2. #2
    Affiliate Manager Allen Nance's Avatar
    Join Date
    January 18th, 2005
    Colorado River, Bullhead City AZ
    Is this the new Japanese buying spree we saw in the 80's with property in the USA? Well at least they had a deed to the ranch.

    Lot's of Air (goodwill) money being spent but what's the return?

  3. #3
    Resident Genius and Staunch Capitalist Leader's Avatar
    Join Date
    January 18th, 2005
    At this time, I definitely think I should restate my offer from the other thread, in case any Japanese investors are lurking:

    State of the art, "tastefully svelte" affiliate sites always for sale. Only $4,000/page. 125,000 pages in the largest one. Niche sites also available. And remember, the Conversion-Portal Page Creation System (CPPCS) is only $100 Million USD!

    No need for buyers to keep the old owner on or to be concerned with control issues. Will sell outright!
    There is no knowledge that is not power. ~Hemingway

  4. #4
    ABW Ambassador Andy's Avatar
    Join Date
    January 18th, 2005
    No need for buyers to keep the old owner on or to be concerned with control issues. Will sell outright!
    That's the way to do it...take the money and RUN! Who wants to hang around and watch the company they built from scratch get picked apart, anyway?

    If you sell it, leave it behind and go enjoy the rewards of your hard work.


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