A lot of people are talking about Glam Media and whether or not
- it is larger than iVillage,
- it’s an ad network or a publisher.
Frankly, it does not matter. All that matters is that from the metrics that count, Glam is growing quickly and it’s now looking at leveraging its momentum to raise a whopping $200M on a valuation of $600M. Just some food for thought: iVillage sold to NBC for $600M, this year will make $120M… Glam is making about $35M in revenues and losing $4M in EBITDA. It’s projecting a “hockey-stick-on-steroid” growth trajectory for sales next year… of course, word is they’re about to sign a $1B ad deal with Google… though that seems off since Google paid $900M for all of News Corp.’s Fox Interactive Media…
Anyway, CEO Samir Arora reminds me of Simon Assaad, the sharp, slick and sales-oriented CEO of Heavy.com, another site that has raised some objections but seems to be trecking along nonetheless.
Naturally, for purposes of valuations and comparing apples with apples, yes, it matters whether or not Glam is a media property or an ad network… but frankly, the lines do blur over time.
For example, Gorilla Nation Media started as an ad rep, then added network duties, and then owned some sites, even selling Quizilla to Viacom. Glam reminds me of a young, female oriented Gorilla Nation.
Read the naysayers and supporters…