Buzzfeed got $50m in venture capital. What happens next?

Silicon Valley firm Andreessen Horowitz has more than doubled investments in the meme-tastic site. Can traditional media companies compete?Venture capital funds exist to make risky bets. Theyre intended to be a place where excess cash can find a better return than in a bank or bonds.So how should we take the news that Andreessen Horowitz, set up by two of the figures behind the Netscape browser that web thing which helped put newspapers in the calamitous state theyre mostly in is investing $50m in Buzzfeed, the online publisher? Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-08-11 00:00:00 UTC ]

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Marc Andreessen sees no bubble, suggests Snapchat may grow to $100B

Influential venture investor Marc Andreessen isn't blinking an eye over Snapchat turning down a $3 billion buyout offer from Facebook. And don't count him among those who are worried that we are in another tech investment bubble. Those are a couple of the points made in an interview published... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-01-04 00:00:00 UTC ]
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Lenders ease Johnston Press pressure

Johnston Press, the newspaper and online publisher, is helped by its lenders to ease pressure of managing its debt. Continue reading at BBC News

[ BBC News | 2013-12-27 00:00:00 UTC ]
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BuzzFeed Said to Expect 2014 Sales of Up to $120 Million

BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-04 00:00:00 UTC ]
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Intel buys interactive textbook startup Kno

Intel on Friday said it bought Kno, a startup that helps educational publishers make their books interactive. No price was announced for the Santa Clara company led by CEO Osman Rashid. It had raised more than $73 million dollars, including a $37.3 million round in 2011 led by Intel... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2013-11-09 00:00:00 UTC ]
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American City Business Journals Acquires Streetwise Media

CHARLOTTE, N.C., Nov. 16, 2012 (GLOBE NEWSWIRE) -- American City Business Journals, the nation's largest print and online publisher of local business news, has acquired Streetwise Media, a Boston-based digital media company that uses a community ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-11-16 00:00:00 UTC ]
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FastStats: Publishing Industry Statistics, News and Trends

Smartphone Junkies Would you admit not being able to live without your smartphone? Over two-thirds of respondents to a recent survey by the Online Publisher's Association did just that. The survey, conducted online with 2,540... Continue reading at Publishing Executive

[ Publishing Executive | 2012-09-01 00:00:00 UTC ]
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Salon CEO Gingras to Head Up News at Google

Richard Gingras, the chief executive of Salon Media Group, said on Wednesday he is leaving the online publisher to become global head of news products for Google Inc. Continue reading at AllThingsD

[ AllThingsD | 2011-06-23 00:00:00 UTC ]
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