VentureBeat: HuffingtonPost.com raises $5 million, but East Coast money
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whenwego · 3 years agoWell, if you count visits and ad revenue, HuffPo is a bargain at $5M for 30% of the company...
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Ed Kohler · 3 years agoI can't figure out why someone with her money and friends with money would go to a VC firm.
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Matt Marshall · 3 years agoEd, why is it so difficult to understand. If it is true she's only giving away 30 percent, she's not giving up control -- and at the same time, she's getting $5 million in cash, a great deal and something she could probably only do in this bubbly environment. Take the money!