Congratulations to Henry Blodget and co for building such an immensely popular destination. I know that the success of BI wouldn’t be nearly what it is today, had it not been for Joe Weisenthal, who left last year for Bloomberg. I hope he held onto his BI stock.
BI sold to Axel Springer, a German media company, who already owned 9% of Business Insider. For some reason, the owners of Business Insider decided to retain 3% ownership, perhaps as a memento.
I know some of you will immediately hate and decry the gossipy brand of journalism that BI puts out as “unsavory.” Well, now you have 343 million reasons to shut the fuck up and simply sit back in awe of its success.
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He is still a criminal.
lol
Then now he has bail money.
Jeff bezos owns the last 3%
343mm not a ton given what revenue-less apps are selling for. still, great takedown. i’d value BI at the price of their assets less Henry’s bail money.
Weisenthiel might be the most annoying prick alive.
EVERYONE IS FREAKING OUT! THIS ONE HACK GOT THEM 343 MILLION DOLLARS! PEOPLE ARE GOING NUTS! HERE’S WHY EVERYONE IS GOING CRAZY! THIS ONE TRICK WILL CURE ANYTHING!
Sorry I had to…. Congrats to them though. As much as we kid, young plebs such as ourselves can only dream of a 343 million dollar pay day.
CLICK HERE! 21 REASONS WHY BUSINESS INSIDER’S SALE WAS ENABLED BY THE LEADERSHIP OF BARACK OBAMA. (On 21 pages that make your computer overheat from all the ad tags, of course.)