ActiveRain Valued at $8.5 Million
May 15, 2008 – 8:58 am
On November 16, 2007, HouseValues acquired 32.4% of the outstanding voting stock of ActiveRain, the online real estate community, for $2.75 million. This gave ActiveRain an evaluation of around $8,500,000 or $100 per registered user.
ActiveRain currently has over 85,000 members on the site.
2 Responses to “ActiveRain Valued at $8.5 Million”
I LOVE ActiveRain * great networking and advice!!!
By W.Gibson CPM on May 16, 2008
I think ActiveRain is a great service as well. I just hope they can reach critical mass so they can start to monetize their pages to profitability.
By Dan Daugherty on May 16, 2008