{"id":369,"date":"2005-08-24T23:16:36","date_gmt":"2005-08-25T03:16:36","guid":{"rendered":"http:\/\/www.tuvel.com\/blog\/2005\/08\/24\/the-well-is-for-sale\/"},"modified":"2011-06-16T15:39:21","modified_gmt":"2011-06-16T19:39:21","slug":"the-well-is-for-sale","status":"publish","type":"post","link":"https:\/\/www.tuvel.com\/blog\/the-well-is-for-sale\/","title":{"rendered":"The Well is for sale"},"content":{"rendered":"<p><a href=\"http:\/\/groups.yahoo.com\/group\/webcommunities\/'\">webcommunities <\/a>reports that:<\/p>\n<p><a href=\"http:\/\/www.thewell.com\/\">The Well<\/a>, an online community founded in 1985, is to be sold by it&#8217;s current owner <a href=\"http:\/\/www.salon.com\/\">Salon.com<\/a>. Salon bought the community in 1999 for US $5 million.&nbsp; Since then, it&#8217;s always managed to turn a profit but memberships (costing $120 to $150 per year) have declined from 6000 to 4000 between 1999 and <br \/>today.<\/p>\n<p>Salon expects to achieve a sale price of around $500,000 &#8211; about the equivalent of one year&#8217;s subscription fees. That&#8217;s probably a bargain if the members themselves buy the community&#8230;&nbsp; <\/p>\n<p><a href=\"The Well, an online community founded in 1985, is to be sold by it's current owner Salon.com. Salon bought the community in 1999 for US $5 million.\">More<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>webcommunities reports that: The Well, an online community founded in 1985, is to be sold by it&#8217;s current owner Salon.com. Salon bought the community in 1999 for US $5 million.&nbsp; Since then, it&#8217;s always managed to turn a profit but memberships (costing $120 to $150 per year) have declined from 6000 to 4000 between 1999 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,5],"tags":[],"class_list":{"0":"post-369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-community","7":"category-community-building-management","8":"entry"},"_links":{"self":[{"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/comments?post=369"}],"version-history":[{"count":2,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":1035,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/posts\/369\/revisions\/1035"}],"wp:attachment":[{"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/media?parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/categories?post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tuvel.com\/blog\/wp-json\/wp\/v2\/tags?post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}