Blogonomics: Paying Readers
Never mind the question of whether the Huffington Post should pay its contributors: the great Long or Short Capital has gone one further and announced its latest quarterly dividend for its readers. OK, so it's only 80 cents, but as they point out in their dividend policy,
This dividend cements our place among the elite internet companies. Please note that our quarterly dividend will be larger than that of Yahoo, eBay, and Google combined.
This is actually the eighth quarterly dividend that Long or Short Capital has paid, which is all the proof I need that this is an excellent business model. Readers of Market Movers are therefore hereby invited to send an email to blogonomics@gmail.com, stating the payment that they wish to receive. At the end of this week, the senders of the five lowest bids will receive the sum they requested via PayPal.
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