Yesterday I posted about Yahoo buying Dow Jones. I was amused by a comment from techdirt
that this idea was absurd for a variety of reasons including that Dow Jones was "a low growth business."

Mr. Tech Dirt is clueless. First of all WSJ.com has over 700,000 paid subscribers to The Wall Street Journal. Name another property online that has such a significant motherlode of valuable subscribers that are paying real money for content? It also has lots of other valuable Internet real estate. And finally, the WSJ franchise has lots of assets that can still be unlocked online not to mention the fact that the so-called "low growth business" which includes The Wall Street Journal print edition is solid gold as a print property and likely to be the last newspaper standing 50 years out.

Mr. Tech Dirt is clearly a believer in social networking which is a dead end business with very few exceptions.