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Free websites - How do they make money

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Devana

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I read in the newspaper here today about the developer of a Norwegian website (I'm from Norway) - He is now good for/earned about $12 million. The website was to developed 2 years ago and is completely free. How is it possible to earn so much money on a totally free website? I mean - I haven't seen any google adsense on this website, but of course, there is some advertising. But advertising alone can't earn him $12 mill?

I have also heard about many other free websites that earn hundreds and thousands of dollar each month even though they are totally free. How? Can someone please explain? I'm curious and absolutely want to learn more.
 
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Which Website are you referring to? If you can please post a link for this website. Thanks :D
 
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Also would like to hear about this :)

if someone can post more info
 
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most probably the one on his sig.
 
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weblord said:
most probably the one on his sig.

Where?


And ya, what is a link to the site? Would be easier to determine how he makes the money.

:D
 
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Maybe he had such a great idea that some big millionaire bought it from him.
 
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If he has a lot of traffic he probably has paid advertisers.
 
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I would think just the ads i mean thats alot of money but thats the only way i could think.
 
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it has been removed by staff
Squirrel Rascal said:
Where?


And ya, what is a link to the site? Would be easier to determine how he makes the money.

:D
 
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Oh jeez i wonder what he did? O well i still say its the ads.
 
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Hi again..

Nettby.no is it...I haven't been there now for a couple of months so maybe it has changed, but..Yes...

(and by the way...The link removed by the staff wasn't that one ;) )
 
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I see like 5 or so different ads on that home page. Maybe even more.
 
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12 m is alot alot alot
 
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Pfft heck yea. I wouldnt mind making 1 million in 1 year lol. But 12? wow. Id like to get some pointers from that guy!

btw does anyone know the guys name?
 
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Likely earning with back end advertising deals , perhaps subscribers, as well as the CPM ads
 
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Part of the site could be free but also it could have a product for sale. To make 12 m you need many sources of revenue.
 
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I think he has a good community build around his site. If you have a great community (as for example that girl who offer in her site templates for myspace accounts) your site worth many milions :)
 
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