Many readers know we bought Mediabistro. Mediabistro has many aspects. Mediabistro is a powerful vertical community for media professionals. Within this vertical niche revenue comes from banner ads, online education and most importantly a job board.

On Friday Monster.com bought Affinty Labs for $61 million. I am not an expert on Affinity Labs but Monster bought it because of its vertical community and related job boards.

Interestingly, WebProNews blogged about the Monster purchase and compared it to our purchase of Mediabistro last July. Wall Street might not appreciate our purchase, but WebProNews seems to think it was neat!