The Huffington Post raises $25 million from Oak Investment Partners, according to the likes of VentureBeat, TechCrunch, and Silicon Alley Insider. Apparently the previous reports said $10 million, and if SAI is to be believed, this puts the value of the company at a whopping $100 million. I don’t know about that, but this just reaffirms my beliefs that the Huffington Post won’t be among the casualties of the recession.
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Thord Daniel Hedengren
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Unless of course it’s a sign of a mini-tech-bubble amongst the ruins.