Business Week says Weblogs, Inc. one of five tech companies to watch in 2005″wow!

This is justwellamazing.! BusinessWeek is saying we are one of five companies to watch in 2005… wow, that’s just huge. To be up in the top five with Firefox and Sidestep is just like wow!

Weblogs Inc. is the purveyor of a network of more than 70 blogs, which it characterizes as the world’s largest. The company is dedicated to creating trade blogs across industries in which user participation is an essential component of the resulting product. Weblogs Inc. network categories include Consumer, Technology, Wireless, Video Games, Media & Entertainment, Business, Life Sciences, Personal, and Events.

I believe blogs will grow increasingly prominent, because they offer interesting and unique content, are easy to search and organize, and have the potential to generate notable revenues and profits through the use of online advertising (primarily keyword search) and affiliate marketing. Gawker Media is another major network of blogs.

I wouldn’t be surprised to see companies such as these make news on the financing front in 2005, by possibly raising private capital or taking steps toward an IPO. I believe some of the businesses highlighted above have bright futures. We’ll see if investors (private and public) agree.

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