On Monday, 11 December, Wikia announced Openserving, a new model for attracting web application users, with specific emphasis on bloggers and wikiers. The gist of the announcement is that not only is everything is free -- hosting, bandwidth, software -- but also Wikia will give partners 100% of the ad revenue published to their Wikia sites. Wikia management -- including Wikipedia founder Jimbo Wales -- is being coy on how they'll make money, but my guess is that they'll just start buying successful sites in their partner portfolio. It's a new model for venture capitalism.

Peter Burris