CBS Acquires Wallstrip – You Can Make Money From Blogging!!!

One of the most exciting days of my life for sure.

Today, CBS has acquired Wallstrip .

Lot’s of people to thank. The biggest sacrifices have come from my wife Ellen and my sweet kids Rachel and Max. My dog Bagel is indifferent.

I first pitched the idea to Fred Wilson at The Mercer Hotel last summer and he told the Gotham Gal that we were going to do a web/stock market show. He was true to his word when I asked if he wanted to get involved. We had no host yet.

I put together a loose two pager and sent to Adam Elend . I met him through the blogosphere. Adam and his partner Jeff Marks had style and we hit it off. They believed, at least in my ability to raise some capital :) . They get to really shine at CBS as they work on more verticals. Congrats.

I enlisted the help of Trader Mike and he got involved immediately and helped promote the show and build community. I love Mike’s Blog. Mike is still ‘The Man’. I am glad that he makes out from Wallstrip’s success.

Lindsay Campbell, famous blog star :) , answered Jeff and Adam’s Craigslist ad. I am happy that Lindsay gets to explore more of her talent at CBS. We all agreed Lindsay was the choice right from the start, but she was not sure. When I saw her party dress for our first party, I was not sure anymore either :) . Luckily for us, she took the low paying job.

All the stock bloggers chipped in and helped build community. Andy Swan , Brian Shannon , Ugly , Maoxian , Bill Rempel , Roger Nussbaum , Nick Fenton , Dave Landry , Adam Warner , Trader-X , and the always great Eddie .

All the VC Bloggers and Market Resource bloggers on my blogroll were supportive. Dominic Rivera was smart enough to buy the domain name as well.

Fred intoroduced me to some great guys who sat on the board and advised us through the start-up and sale process. Andy Monfried has more energy than anybody I have ever met and was an inspiration. Roger Ehrenberg is the smartest dude on the planet despite being a really bad crackleberrier. Thanks so much guys.

We cobbled together $600,000 from angels and friends and went to work. Lot’s of trust and latitude was given so it feels good to make good by them.

TheStreet.com has been a great partner and I want to thank them for promoting Wallstrip. Tom Clarke, Anthony Brown, James Altucher, Steve Elkes and Bernie Davis were early supporters.

Google/YouTube have been great supporters of the show. Obviously a tremendous help.

Aaron Pressman from Business Week gave us a great review and write-up and we are grateful for that. Michael Merced also gave us great exposure by writing us up for The New York Times . Om Malik and Liz Gannes have always been supportive in spreading the word.

When Quincy Smith called us in to meet with CBS, we all clicked and it was a win/win for all the parties. We are going to continue to bust our butts to make Wallstrip better and different. My friend Morris helped move the whole process along to a quick close on our side and did a superb job keeping Wallstrip heads cool.

I believe CBS made a great acquisition and I can’t wait to help grow the Financial Vertical as part of the CBS family.

UPDATE – I wrote this post late at night and forgot some VERY important people. Roman Bodnar (most of our voiceovers) and Jon Labes of Fresh Bread Network and tireless production and direction assistants to the show. They are so talented and I always have a great time working and hanging with them.

Also the Wallstrip actors

PS – An appearance on Letterman would really be awesome as an encore.

PSS – Trader Mike does a great job covering the story and links . That’s why he’s my partner :) .

PSSS – I forgot to mention our first big boost in viewership came from the good people at iTunes. Thanks Scott. He believed early and helped us gain credibility.

Posted on May 21st, 2007 | Category: CBS, CBS Interactive, General, WallStrip.com, Wallstrip | Comments
  • tomcathat
    Congratulation sounds like your doing great I hope your show last a long time and everyone is happy.
    It seems like many people put alot of work into it.Make Money Using The Internet
  • airlinesjobs
    thanks

    Great Job Howard
  • sarafoster
    making money blogs are increasing day be day within passage of time but depends on the professionalism
    garden furniture
  • it is a great work please keep updating
    http://www.familystocks.com
  • Thank god it's CBS, Letterman is my fave, Jay Leno, you suck 190%.

    Congrats to the whole gang for hitting this big milestone so fast.
  • Congrats to Howard and team, really impressive. Best of luck with CBS...
  • Howard Lindzon
    Thanks agin everybody
  • congrats!

    so happy for all of you. Sporty Spice - U rock! Howard - Hats off
  • I am sooo late to this party. But congrats.
  • Congrats Howard! I'm glad that vlogger.videozine recognized your brilliance early on.
  • Hats off to you ...
  • Howard, I sincerely cant be more happy. I know you are like a virus. You spread enthusiasm every where. You blog is an exact reflection. I am sure you did a lot of travel cost to cost for playing to WS. As I said I always supported It was a funny show an I really enjoyed. I am afraid CBS become more professional and kill the fun part I enjoyed.

    Once more hats of to you and the great team.
  • Daniel - we are.
  • Daniel Birch
    Congrats on the CBS deal....you guys should think about a European version....we have nothing like it over here in the UK....a "before the market open" post would generate a lot of interest....aimed at the commuters with their video IPODs.....anyway well done.
  • Atta Boy Howard and team! I'm out of the country right now, but heard a la internet about the acquisition!
    Don't let the A holes get to you. How many of them put together a business that was purchased by old media in a little less than 8 months?
    Good for you, and good stuff to hear for sure!
  • [...] Good job guys! Fuck yeah, Lindzon! :) [...]
    http://wirelessisfun.com/2007/05/23/wallstrip-m...
  • Terry Zink
    Congratulations. I really enjoy watching Wallstrip and I think CBS made a great purchase.
  • Congratulations Howard!! I'm really happy for you and everyone at Team WallStrip. Woo!
  • Matt Bradley
    Congrats to you and your team for the excellent execution. Very impressive.
  • Howard Lindzon
    Brad - you saw me at breakfast today man. Now you know why I am wearing a hat.

    Long VSocial
  • wow, looks like i'm a little late to the party...51 comments deep already! anyway, this is awesome news and i'm very happy for you. you had a vision and you made it a reality...good stuff.

    i was more than happy to be a contributor to wallstrip. holler at me on your next venture, i'm in for sure ;)
  • So happy for you guys. The show is one of the best out on the internet and TV for that matter.
  • Congrats Howard. Clearly what you needed was a bigger head. ;)


    P.S. We STILL need to golf. At least I managed to get a meal out of you. When can we go hit some small white balls??
  • Roger Nusbaum
    Great Job everybody!
  • Congrats from the meebo team!
  • Glad to hear the rumors worked out for yall. Keep kicking ass. :)
  • Congrats Howard, Lindsay, Adam, Jeff and Mike. Wishing you much success at CBS!
  • Enjoy the moment Howard - what an accomplishment! Here's to you and your team.
  • Congrat Howard and team. You guys are awesome and do a great job. Hope the show stays original now that CBS is involved.
  • Hey Howard,

    Congrats! Coming to Mesh in Toronto again this year?
  • super mazel tov!
  • Congrats Howard, Linday, et al. , at Wallstrip. Great stuff.
  • Crawford
    Bravo Howard. Enjoy.
  • Mozel Tov Howard and team. I couldn't be happier for you all!
  • Congrats, dude! I mean, you needed some consolation for the Suns not making it to the finals ... thanks for the mention, I don't really feel like I contributed much and only wish I had contributed more ...

    Enjoy! If you have a celebratory party somewhere BELOW the Mason-Dixon line, I'd love to attend!
  • Congrats Howard!!!
  • Howard Lindzon
    Thanks Venture itch. Hopefully it will be a fun ride.
  • It's fascinating when somebody makes the transition from blog to major media. Congratulations!
  • Howard, you, Jeff, Adam, Lindsay, Andy Monfried, TM, Fred and the rest of the gang rock. Thanks for getting me involved. It was a great experience. I'm gonna blog about it over at IA sometime today. Rog
  • Brian
    Nicely done!
  • shoulda woulda coulda... joined you guys!
    couldnt have happened to harder working, risk taking, folks.
  • Congratulations!
  • Thx much everybody
  • Great Job Howard!!!!!!!!!
  • Congrats!
  • congrats!

    so happy for all of you.

    much deserved win.
  • oh yeah.. Duncan Riley is a bitch!
  • Tom
    Congrats Howard! All the best to the WS team and may this bring them success in all future endeavors!
  • TDH
    Congratulations Howard!
  • I remember chatting on the golf course just before I bombed another one :)
  • Grats Howard. Great idea, great execution. Andy and I knew it was a winner when you told us about it. If only our sale had come a few months prior. Oh well....I think we can all still get something going ;)
  • congrats howard. great work. stoked it worked out. huge risk dude! way to charge it.
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