The Huffington Post Raises $25 Million
December 2, 2008
The Huffington Post raises $25 million from Oak Investment Partners, according to the likes of VentureBeat, TechCrunch, and Silicon Alley Insider. Apparently the previous reports said $10 million, and if SAI is to be believed, this puts the value of the company at a whopping $100 million. I don’t know about that, but this just reaffirms my beliefs that the Huffington Post won’t be among the casualties of the recession.
Thord Daniel Hedengren
Thord Daniel Hedengren is a designer, writer, and blogger, and also the former editor of The Blog Herald. He used to be a hotshot in the gaming industry in Sweden, but sold everything and went International. Most recently he wrote a book called Smashing WordPress: Beyond the Blog, and does loads of kickass design.
Unless of course it’s a sign of a mini-tech-bubble amongst the ruins.