Inside Business Insider: The New Yorker profiles Henry Blodget

LINK: paidcontent.org ➚ | Posted by: Joshua Benton | April 1, 2013

Mathew Ingram sums up the high points of Ken Auletta’s New Yorker profile of Business Insider boss Henry Blodget. BI lost about $3 million last year:

And what does the future hold for Business Insider? An unidentified board member tells Auletta that he expects the site to be acquired, and Blodget says it “either will become part of a larger enterprise or become the larger enterprise.”

Show tags

Joshua Benton

PressPad, an attempt to bring some class diversity to posh British journalism, is shutting down

“While there is even more need for this intervention than when we began the project, the initiative needs more resources than the current team can provide.”

Richard Tofel

Is the Texas Tribune an example or an exception? A conversation with Evan Smith about earned income

“I think risk aversion is the thing that’s killing our business right now.”

Jeff Jarvis

The California Journalism Preservation Act would do more harm than good. Here’s how the state might better help news

“If there are resources to be put to work, we must ask where those resources should come from, who should receive them, and on what basis they should be distributed.”