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Pinoy Top Blogs is Changing Hands




After several months of negotiations, I have finally agreed to sell the Pinoy Top Blogs project. It’s a decision that was very hard to make but I figured that the future of the project will be more secured with the new owners.

Several thins prompted me to move into making this decision and I’d like to share that with all bloggers who are involved and been part of the project in the last 2 years.

  • I have encountered, on numerous occasion, problems with the server. It was mostly a scaling issue as more and more bloggers join the site, server capacity is also affected. I’ve also indefinitely suspended the service in the past due to this recurring problem.
  • I could no longer manage the site and have found less time to review submissions, monitor violating sites and suspending them as well as checking for daily spam comments. I’m way too far behind the backlogs.
  • The software I used to run the site (evoTopsites) has not been updated for about 2 years now.
  • I’ve been spending a considerable amount of my personal money to continue running the project. The site has been bleeding close to $200 per month for a year now and has not generated any revenue at all (well, if you can call a few dollars from AdSense enough revenue).

It also made it easier for me because the new owners, Enthropia Philippines, was also the sister company of the developers behind evoTopSites, BlogFlux and iBegin. They know the system very well and can fast-track it’s re-development. I am confident that they’d be able to continue running the system in top shape. They were also the ones who donated the current domain/s to me after I transferred it from this site to its own domain.

For the existing users, rest assured that all private information stored in the system will be guarded by the new owners. An email will be sent to everyone to inform them of this change and will allow them ample time to opt out of this if they want to.

On a personal note, this is my very first sale of an online real estate and I really didn’t know how to go about it. The sale price is still undisclosed unless Enthropia is willing to disclose it.



Abe is the founder and Editor-in-Chief of YugaTech. You Can follow him on Twitter @abeolandres.

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47 Responses

  1. Kiven says:

    ah binenta mo na din? wohoo party na ulit tayo!

  2. jamie says:

    oh. so that’s why. i signed up for it recently and i waited for the email.

  3. Thank you Abe for all your hard work on Pinoy Top Blogs, we will definitely not let down the community and will continue to improve and expand the service.

  4. noemi says:

    aww I will always remember you as the first owner. Memories na lang

  5. RNHalawi says:

    nice move sir!! thats why pala lagi down ang server this past few days/week…

  6. jun says:

    I agree with Kiven =)

    So how does it feel to sell your first internet property?

    Question.. what paperwork(s) are necessary?

  7. ronald says:

    hey, i’m having problems browsing your site through Opera 9.23. I’m commenting through Firefox 2.0.0.6. I’ve browsed your site in Opera. What’s wrong?

  8. vonjobi says:

    so i guess my series ended at about the right time. now i just have to finish the backlog of posts about the entire year so i can make some sense out of it =)

  9. Jaypee says:

    Like noemi said, PTB will always be associated with you. Congratulations on your first online real estate sale! :)

  10. BrianB says:

    I think it’s a terrific move, Abe. Great move. Never heard of the site.

  11. BrianB says:

    Wait, are these monthly unix?

  12. Gigi says:

    CONGRATULATIONS!

    PS: Does this mean those “Executive Dating” posts are finally going away? :)

  13. Kinda happy, kinda sad about this dev’t… Happy that hopefully the site will be up soon… Kinda sad because I’m sure this was one of your pet projects…

  14. Roy R. Luga says:

    Abe,

    I was just wondering if you could go over my site, look at it and how can we arrrive at its marketability. I don’t want to conclude things, but I think I belong to that class you mentioned (though limited viewership, influences decision makers). I am open to whatever scheme, blogging has been a hobby that I love. If we can . . . make use of it to further propagate noble advocacies. I guess, it would be beneficial to all.

    I’m also an Ilongo.

    Hope to hear from you.

    Roy

  15. PinoyBlurker says:

    Congratz! :)

    bentahan na ‘to. tignan natin sino mga susunod. hehe.

  16. Marcvill says:

    You’re a netrepreneur right, so you can always find ways to start a bigger and better project similar to Pinoy Top Blogs.

    Yuga has been thinking about selling PTB a long time ago. Wonder why now… If this was a real estate you held on for the longest of time, then you would certainly sell it for a price that would cover what you’ve invested in it and a bit more.

    Hmmm, so let me compute… [($200 x 24) x P46.69] + ‘a bit more’ = value of PTB. Wow, not bad.

  17. Marvin says:

    Congrats Yuga! Ha ha ha I can see you smiling as you encash your check. More power to yuo, sir.

  18. Jaypee says:

    CONGRATULATIONS!

    PS: Does this mean those “Executive Dating” posts are finally going away? :)

    I think you’re referring to PinoyBlog.com which is different from Pinoy Top Blogs. :)

  19. beeps says:

    Pre, dapat pag nagkitakits ang grupo. mega party tyo ha! :)

  20. Gigi says:

    Jaypee – Oops, my bad. Thanks for the correction (and now I know what the unfortunate answer is to my question. Oh well…) :)

  21. Jaypee says:

    @Gigi – No problem. Btw, the answer to your question would be, “you’d still find those dating spam posts but you won’t see them for long coz I’ll be deleting them as soon as I see them.” Hehe :D

  22. Gigi says:

    Jaypee – Wow! You’re like the answer to my prayer — except that I don’t pray and if I did it wouldn’t be for an end to dating spam since there are much more important things. So I suppose this means you’re like the answer, period. :) Thanks!

  23. Pinoy-Am says:

    Don’t worry brother, it’s one of your achievements. Be Proud! Congratulations!

  24. A few people have asked Enthropia’s reasoning behind buing the domain. Our response:

    We didn’t make the site to make money. It may make us some down the road, but really this was about us connecting with filipino bloggers. We created the original BlogTopSites.com, which tracks over 5 million pageviews a day. By taking over Pinoy Top Blogs we aim to promote friendly competition between pinoy bloggers.

    Furthermore – we are a Filipino company. You can see on our homepage all of our sites are .com.ph – we build filipino-centric websites for filipinos on the filipino domain space – it is what we do.

    We are working on an importer to move the data from the old site to the new one. We are aiming to relaunch the site near the end of September

  25. Jeff says:

    Interesting. This is the first local Web 2.0 service acquired by another company? Looks like we’re all moving towards the new IPO (which is really a misnomer, since nobody wants to go public anymore nowadays)

    * – new IPO: start a new company, be big, and sell away! Hahahah

  26. Chris says:

    Congratulations Kuya Abe! And thanks for maintaining the topsite while starmometer.com was on top. I definitely gained a lot of visitors because of PTB!

  27. spanx! says:

    mr. abe olandres,
    pinoy entrepreneur!

    looking forward to your next ventures, bro!

  28. boy says:

    Thanks to PTB, Showbiz Intriga? Get It From Boy! validates its place in the Pinoy blogosphere as No. 4!

    Mr. Olandres, you’re a visionary.

  29. fruityoaty says:

    Congratulations. Letting go of a pet project is hard, but it’s for the best here as you’ve explained — to let it survive and grow.

  30. shannon says:

    WOW! Daming pera nanaman para kay yuga. $$$$$$$ pa! yuga mo eh!

  31. … although it isn’t the same without you.

  32. beeps says:

    Sana magpa starbucks ka ulet haha..

  33. Super-Duper site! I’m loving it! Is again – taking you feeds also, Thanks.

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