Are there any success stories - when a service is acquired and then developed and grown properly and come out in the black?
I can think of only blogger.
I can think of only blogger.
It's debatable exactly how much money Reddit makes, and whether it could be considered "in the black." But it's a success story in as much as the site's userbase and traffic have grown, and the core service has not been tampered with.
http://www.reddit.com/r/blog/comments/12v8y3/now_is_the_time...