Categorized | Uncategorized

Wikia and the Economics of Community

WikiaJimmy Wales, Foundation of Wikipedia, has taken another bold step in his “free is best” approach to online community business models. His commercial service Wikia has announced it will now provide free software (Wikimedia and other) and free hosting (“open serving”) to web site operators, with 100% of any ad revenue generated by the site going to the site owner. In return Wikia seeks only a link back to its service. Wikia also announced a new round of investment by Amazon (terms not disclosed). The previous round of investment in March 2006, involving Bessemer Venture Partners, Omidyar Network, and angels, totalled $4 million.

This post was written by:

Jim Cashel - who has written 205 posts on Online Community Report.


Contact the author

blog comments powered by Disqus

About the OC Report


The Online Community Report features best practices, strategies, research, and events for Online Community and Social Media professionals. Jim Cashel, Heather Virga, and other staff at Forum One edit the Online Community Report. Forum One provides consulting services for community strategy, design, network building, management, metrics, and social media implementation.

Event Pictures

www.flickr.com