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August 09, 2006
Ariana Huffington: Rich Lady W/$5M F/Softbank To Hire in LA/NYC 4 Her Blog
HuffPost Gets Mad Traffic
Softbank's recent $5M investment in Huffington Post is a bit controversial. Why does the company need the money? What kind of return can VCs really expect? What happens when the internet ad market comes back down to earth? Who cares if you are employed there and the company is conservative with its cash - but that remains to be seen. PE Wire which has seen the company's financials says it is not yet profitable. With all the hires HuffPost is making that is going to make it even harder.
If we were young and really into media, HuffPost would be a fun place to work we think. But is it the smartest place to get a good return on stock? Absolutely not.
View - Jobs At Huffington Post
- Controller (NYC)
- Product Manager (NYC)
- Sysadmin (NYC)
- Associate Editor (LA)
- Secretary (LA)
Posted by Paul at August 9, 2006 12:48 AM
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