MyBlogLog has some pretty big buzz going for it. The popularity of the site has skyrocketed (sound familiar?) lately.  I had put up a post about mybloglog the day after Christmas. Since then, my friends, contact, family and fans have grown to over 50. 

Since the page rank update from google, all of my community pages have went to a page rank of 3. Not bad considering the profile is just a few months old.  The index page now has a page rank of 7 and google is showing 60,700 pages indexed as of the date of this post. So its no wonder that the site has been SOLD.

Yahoo bought the site last week.  The site was launched according to Forbes last JULY. The actual purchase price varies per news service, but it looks like it was in the $10 million dollar range.  Which means that social networking is definitely here to stay and I'm sure we'll be seeing mybloglog clones soon, if they aren't already out there. Yahoo is betting on social networking as they already own the photo sharing site Flickr. Maybe they'll branch off into real estate and Matt and company will be getting a call next?-Charles