Amazon CEO Jeff Bezos has led a $5 million investment round in Henry Blodget’s website Business Insider, which lost about $3 million last year but has been increasing its audience rapidly. Read more »
Founder Henry Blodget tells New Yorker magazine that Business Insider’s audience is larger than many established financial news outlets, but the company also lost $3 million in 2012 or almost a quarter of its revenues. Read more at paidContent »
Henry Blodget of Business Insider has opened up about his site’s growth and other metrics, but for someone who is promoting transparency, he hasn’t told us the most important things we need to know in order to tell whether BI is successful or not. Read more at paidContent »
“Groupon is a special kind of company,” CEO Andrew Mason said Wednesday amid reports that he is going to be fired. “I’ve seen Groupon crush the most seasoned professionals. What Groupon needs from the CEO role is consistent leadership.” Read more »
Jill Abramson, executive editor of the New York Times, gave a frank overview of the evolving role of the newsroom as she described how the Times’ is blending traditional separations between print and web operations. Read more at paidContent »
Is it the end of an era for the former rock star venture capital firm Kleiner Perkins and did greentech play a large part in that fall from grace? Read more »
They’re just throwing darts at a wall. Or worse… “Oh, Look! Mr. Peepers just picked the very same [startups] your investment software did!” OK, venture capital may be slightly more sophisticated than this — but I have trouble with VCs who nobly claim that their business […] Read more »