Looks like Google AdSense isn't going to make me rich after all. Last month, this blog had more than 115,000 page views but only $19.83 in AdSense revenue. I guess the content is so compelling - :) - people don't want to click on Google ads. Actually, I think it may highlight an unspoken truth about blogs and advertising: few of them will be financially lucrative. So why blog if it's not about money? As Technorati CEO Dave Sifry told me a couple weeks ago, blogging is more about non-financial considerations such as branding, profile, communications and idea generation. You have to respect people who are willing to spend so much time on their blogs without the prospects for financial gain. It seems to anti-capitalist! So if there isn't a lot of money in blog publishing/advertising, where is the money in the blogosphere going to be made/generated. So far, it seems tools such as search (Technorati), content management (TypePad) and perhaps content aggregation (NewsGator) have the best prospects but it is still early days. This makes the new fund created by RSS Investors ( aiming to raise $100 million but only has $20 million so far) is intriguing because the market is so immature and it's really anyone's guess how it will develop. RSS Investors is focusing on firms using RSS technology for news aggregation, blogs and new classes of search engines. I wonder if this fund is a trend or simply a small group of people either ahead of the curve or involved in a Don Quixote-like pursuit of fame and riches?