Academic

Wall Street 24/7 tells us what the biggest blogs are worth ($150 million for Gawker, down to $860 thousand for the heavily trafficked, but political, Talking Points Memo), and what I want to know is: what about those who don't make the cut?  Put Marginal Revolution and Volokh to the side - presumably money doesn't mean anything to tenured people.  What about How Appealing?  Or Above the Law?  Why was Wonkette sold for zero?  Daily reads to many people you know, but not, apparently, worth 860 grand all in - and Dead Horse Media has a bunch of paid bloggers to sustain. It makes me think that Paul Caron may not want to get that box at Churchill Downs just yet.  But we at the Glom (value: $135,489.60) still wish him a happy fourth anniversary.