Salon on the market for five million dollars

I guess the tech bubble has burst – for them, anyway.

Founded in 1995, “It went public in June 1999 valued at $107 million, but has lost money ever since.”

After reading this article, I got curious because I haven’t looked at Salon in some time. It’s not impressive. Whether their work is original or not, the site looks like a generic story aggregator. They still get about 400,000 hits per day, so you’d think they could find a way to monetize that.