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They story of slate is far from amazing.
It would kind of like be looking at Michael Douglas' son for acting tips - he might be a good actor - but we all know why he is in a movie with his father.
Of course it is easy to pick on - much harder to do it yourself - which is why I don't run any successful magazine sites.
One guy does - and as far as I know - he doesn't have uncle bill sending him free traffic [I am assuming it is free - there is no way those links wouldn't be worth what is being claimed in revenue - therefore - no profit].