When is a Website a Big Site?

When I started fund raising for HubPages some venture capitalist said, I like the idea, but come back when you have traction.  I asked, what’s traction.  In 2006 the answer was about 2 million monthly visitors.  I said OK.

A few months back another venture capitalist told me that a website starts to become very valuable at 5 million monthly visitors.  I thought, it would be great to get to 5 million visitors.  Now we are there.

For venture capitalists, what constitutes a large site?

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