Helium Raises $17M This Year To Compete With About.com

by Jason Wilk on October 27, 2008

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  • Helium is a user generated editorial site filled with general-information and how-to articles.
  • The best articles are voted to the top by the community, who recieve related articles and select which one is best (this avoids the Digg power user model)
  • Helium has ammased 130,000 writers who have written 1.2 million articles (only 10,000 regularlly active)
  • Writers get a split of ad revenues on their pages, which averages a $2 payout for every thousand pageviews.
  • This past week they raqised another $2M to put their total funding for the year up to $17M from hedge funds and wealthy angels.
  • Helium users making the most money are fulfilling requests @ the marketplace, which pays users between 30 and 300 dollars from websites looking for content.
  • Traffic is rather bare compared to About.com. They average around 900K pageviews.

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