Demand Media and their recent IPO tend to be the big news online today. It’s not surprising, since the IPO saw Demand Media stock rise nearly 35% in one day. That gives the company a market cap of $1.5 billion.
That’s not shabby for a company that many think is merely a ‘content farm.’ Some pundits are now speculating that Google’s recent attack on ‘content farms’ might be aimed at slowing down the momentum of the sector, now that Demand Media has brought in so much cash on its IPO.
Content farms are paying just as well as their agricultural counterparts, it seems.