Good Question, Who blogs? Well here is a list of the Fortune 500 companies that blog. Blogging is definately a booming bunisess, with ad revenues growing and small blogging empires emerging. Jason McCabe Calacanis certainly has stumbled apon a great idea, coming back from the burst Dot-Com bubble and making a small fortune.

It’’s easy to snigger at the swagger, but Calacanis has reason to preen. He hasn”t merely survived the bust; he’’s thrived in it. The qualities that made him annoying to his New York colleagues during the boom - his abrasive demeanor, his hucksterism, his incessant networking - serve him well in the postbubble economy. While other Internet entrepreneurs lay low after the Nasdaq debacle, Calacanis forged ahead. He recognized early how huge blogging would become. He latched onto a great idea - an ad-based business that took advantage of the new Net infrastructure left behind by the boom. And, this time around, he had the smarts to sell while the selling was good. In October, AOL bought Calacanis” blog network, Weblogs, Inc., for a figure reported to be around $25 million.