
VentureBeat reported earlier this week about the staggering success of a portal for women, Glam Media. It's a pretty incredible story, really. For starters, venture capitalists invested $150 million U.S. into the company last month.
What's more:
Glam enters 2007 with impressive momentum: Hip social networking company, Facebook, was No. 1 fastest-growing site in 2006 — until December — when Glam doubled its uniques in a single month and blew past Facebook at the last minute. Glam now has more than 8 million U.S. unique visitors per month. Glam overtakes Disney’s women network and CondeNast’s network, jumping to second largest women’s web property, behind only iVillage. ... Glam has more than 16 million global visitors, Arora says.Not bad for a company conceived started four years ago in Arora’s Haight-Ashbury Victorian in SF.
This was talked about a bit in December's TechPodCast 7, which is a highly recommended listen.
I wonder how the iVillages and the MochaSofas will fare against this new competitor.
ADD TO: Confession time here folks. I actually was going to write something like, "That Glam site sure has legs, doesn't it?" But then I figured that because it was a women's portal we're talking about, that someone would get offended, I'd get hate mail, and your love for me would go sour.
And I wound up writing a weak, weak ending in its place.
(sigh).
I will go home and cry now.
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