Via Nick Carr, we have a report that the wikipedia is strapped for cash:
At this point, Wikipedia has the financial ressources to run its servers for about 3 to 4 months. If we do not find additional funding, it is not impossible that Wikipedia might disappear”. The warning by Florence Devouard, chairwoman of the Wikimedia Foundation was certainly dire, and Lift07 was as good a venue to make an appeal. But it is another illustration of how difficult it is to find the proper business model in the digital age, and more precisely in this case in what Florence called the “gift economy”.
With the server costs piling up, it begs the questions:
1. Will Wikipedia be Next on the Auction Block?
2. Who would buy it? and
3. How much would this uber authority site sell for?
I predict that the wikipedia will not be sold in the next 24 months.
However, if it were to change hands, I can’t see it selling for less than $1 Billion. The obvious suiters are GAMEY (Google, Amazon, Microsoft, Ebay, Yahoo), but it would be a good play for others like NewsCorp, New York Times Company, or just about anyone that wants an instant online presence. Would it be worth it for a company like lendingtree to buy the wikipedia just to harvest mortgage leads? The Harvard University Endowment is about $30 Billion - might they or another university look at buying this online monster?
What’s interesting is that almost any major company or organization could benefit from owning this online monster; so there’s no reason to think that it would sell for less than $1 billion: but could a company that continues to hemeridge money pull in $5 Billion, $10 Billion or more on the auction Block?
Whip out your crystal balls - do you think the wikipedia will be sold in the next 2 years? Who is most likely to buy it? What is it worth?
Update: Wikipedia NOT in a cash crunch.
Tagged: wikipedia |