De-portalization and Internet Revenues I

I am re-posting this from the edgeio blog. Mainly because I think it has current relevance and will in future have historical value.

I’m not certain the edgeio blog will continue to exist, so this is the new home for the post. Since it was originally written we have seen the rise of Adbrite, Glam, Sugar Publishing, Digg and other businesses based on unde…