Here's What My Commute Looked Like the Day Business Insider Was Bought for $343,000,000

Tom Scocca · 09/29/15 12:48PM

It’s nice to have a job in an economy where not everyone does, and in a field—journalism—where the economic prospects are uncertain. Many publishers are looking with concern at a world where Facebook and Apple are using their power to steer readers to proprietary platforms, as innovations in ad blocking threaten the whole existing business model, which was already sort of provisional. Then again, Re/Code reported this morning that Axel Springer, the publisher of Bild and Die Welt, is going to buy the website Business Insider in a deal that “values Business Insider at $442 million.”

The Five Million Dollars Amazon's Jeff Bezos (and Others) JUST Invested in Business Insider [SLIDESHOW]

Max Read · 04/05/13 10:52AM

Jeff Bezos, Time magazine man of the year 1999, has invested $5 million in the news and slideshow website Business Insider. Bezos' net worth is something like $25 billion, so in real-people money, $5 million to Jeff Bezos is... about 15 bucks. But it's a lot to BI, which has raised around $13 millon so far, and will "do eleven million dollars in revenues this year," according to a New Yorker article from this week. Update!: Bezos is not, actually, investing a whole $5 million; rather, $5 million is the total sum that Business Insider just raised, between an unspecified investment from Bezos and money from previous investors chipping in again.

Henry Blodget Found a Newspaper

Hamilton Nolan · 03/22/13 12:27PM

Henry Blodget, a full grown adult who's held a highly compensated job in finance and founded a multimillion-dollar media company, still retains his ability to be astounded by the little things in life. Like airplanes: what is it like to ride in one? Or women: are they too lazy to get good jobs? Or Jews: why do people hate them so much? Today, Henry Blodget, who has retained the wonderful ability to see the world through a child's eyes (which so many of his cynical peers have lost), has found something outside of his hotel room door. But what??

What's the Deal With Airplanes? A Guide From a Man Who Was On Two of Them Recently

Emma Carmichael · 01/28/13 04:55PM

If there is one national mystery we have not yet gotten to the bottom of yet, it is planes: What's up with them? They're so large, and yet they fly. It's a shady business. But Business Insider's Henry Blodget, the internet's greatest troll-savant and self-taught expert in anti-Semitism, has been on a few of them (specifically, two) lately, and he knows some things about planes.

Gawker Welcomes the Guardian Staff to Soho

Brian Moylan · 11/17/11 01:14PM

Last night Gawker founder Nick Denton hosted a little soiree at his Soho pad to welcome the American staff of the Guardian who recently moved their office to the neighborhood. And what is a party without a photo booth and a few boldfaced media names? We didn't save you any tea sandwiches, but you can at least enjoy the pictures.

Asian Horde Prevents White Man From Buying iPhone

Adrian Chen · 10/18/11 11:05AM

All Business Insider CEO/editor-in-chief Henry Blodget wanted to do was walk into the Apple Store and pick up a new iPhone 4S, as is his birthright as a rich, white American. But when he got there, his quest was stymied by a horde of "Asian folks" "scarfing up" all the iPhones!

Roger Ailes Thinks People Would Like Him If He Were Liberal

Hamilton Nolan · 09/29/11 01:14PM

In your dreamy Thursday media column: Roger Ailes has a skewed self-perception, Henry Blodget encourages you to steal his content, The Week is doing well, female sports columnists have a tough job, and James Rainey complains.

The New News Cycle: Report, Retract, Repeat

Hamilton Nolan · 01/20/11 01:39PM

In your cheeky Thursday media column: Henry Blodget demonstrates the New Journalism, NYT blogger profiles reach a new low, every media relaunch is delayed, and America's thinkiest journalists embed at a White House dinner party.