Did John Battelle Cash Out? April 30, 2008 by David Krug Leave a Comment Valleywag is reporting that John Battelle walked away with as much as 22 million in the latest round of VC investment all the while his bloggers struggle to keep bread on the table. Ouch. Author: David Krug David Paul Krug Is an expat living in Mexico who enjoys covering topics like blogging, and new media. He’s a former owner of The Blog Herald. For information check out 219 Marketing.