Good presentation, but I'm stumped by this item:

Have a real revenue stream. Ads don't count.

I searched the Cork'd site but can't find any revenue model except for sponsorship. Any idea what they're talking about?

Hmm ... good point. I honestly don't know, I just took the notes. He did say that Cork'd was sold to another company and the presenter wasn't working on it anymore. Maybe they changed something. I'm not too familiar with the Cork'd site aside from this presentation.

One revenue stream is probably the affiliate links for the "Buy this wine" links.

They sold the company? The About page still lists Tundro/Dan Benjamin/Dan Cederholm.

The sponsors are still A List Apart and Hivelogic which are sites affiliated with Dan Benjamin.