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Mashable is a blog that covers social media news and analysis.
The blog was founded in 2005 by Pete Cashmore, who was 19 at the time. Cashmore said in 2008 that Mashable had been profitable since its inception without the need for venture funding. Mashable first took on outside funding when it raised $13.3 million for a significant expansion.
Mashable is the largest tech blog on the web and among the most influential blogs overall, with 34 million monthly unique visitors as of 2014. As of 2009, it brought in seven-figure annual revenue through advertising and events and now has a newsroom staff of about 77. The site has grown significantly in the past several years, partly because of the extensive sharing of its articles on social media. In 2011, it expanded its coverage to include entertainment and world news, which became a central part of its strategy. Beginning in 2012, it began running some content from the Atlantic and that National Journal on its site.
Mashable’s content combines original reporting, aggregation, and analysis with a focus on utility for readers.
A 2008 Beet.tv interview with Cashmore:
GlobalPost is a for-profit online foreign news service. The site was founded in January 2009 by Philip Balboni and Charles Sennott with $8.5 million in private funding. It is based in Boston and had a staff of about 18 as of 2013, as well as about 70 part-time correspondents in 50 countries, who are generally…