Business Insider

  • Axel Springer Spends $343M To Buy Business Insider

    Axel Springer Spends $343M To Buy Business Insider

    German media giant Axel Springer has announced it’s acquiring online business news publication Business Insider, spending some $343 million to acquire 88 per cent of BI’s shares. Axel Springer already had a stake of around nine per cent in the business. Read More

  • IVP Leads $7 Million Investment In Business Insider

    IVP Leads $7 Million Investment In Business Insider

    Digital media startup and online news platform Business Insider has raised $7 million in new funding. The round was led by new investor IVP, writes the site’s co-founder and CEO Henry Blodget. The company had previously raised funding from RRE Ventures, Allen & Co., Marc Andreessen, Gordon Crovitz, Ken Lerer, and others. This latest round bring Business Insider’s total funding… Read More

  • Business Insider Turns A $2,127 Profit On $4.8 Million In Revenue

    The Business Insider is now profitable—just barely. In a post this morning reporting the digital media startup’s revenues, operating profits, and other metrics, Henry Blodget reveals that his collection of bloggy news sites and budding conferences eked out a net profit of $2,127, on revenues of $4.8 million last year. It’s about enough, Blodget notes, for a MacBook… Read More