The acquisition of PaidContent by the UK-based Guardian group confirms (again) my belief that "blog" is just a word -- It can turn into a business and become part of the mainstream media. Indian-born Rafat Ali has taken the group of sites logging the growth of the digital publishing industry in a "collablog" publishing venture to new heights and has thus become a pioneer. He joins the likes of Sabeer Bhatia and Vinod Khosla in marking new milestones in the Internet economy. The New York Times found it relevant enough to write a meaningful story
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