In 2004, I started wondering if it would be possible to resurrect the original concept that was the basis of Yahoo: a human edited portal that helped you find stuff. We would invite people to build collections of links around certain subjects. They would get a share of (Google ads) revenue. It would be easier to find stuff than using Google. It would be based on expert opinions.
It was a mix of Yahoo, Mahalo, Wikipedia and squidoo. I wrote a basic plan, found a developer and even came up with a name: Searcle.com. Read the full story about it over at The Next Web
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I just read the article on TNW, it's nice startup idea. Good Luck with the sale!
Thanks for the interesting article, all the best !