Step 1: dominate financial media in the social media era. Step 2: Fix the entire capitalistic system.
Good analysis by Henry Blodget. And funny Romney gaffe.
Finance superblog BusinessInsider (BI) and financial media juggernaut Reuters butted heads again last week after a $7m capital raise by BI. In a piece on Felix Salmon’s blog, Reuter’s again accused Henry Blodget’s BI of being mere aggregator instead of legit financial news outfit. Salmon played this card 18 months ago too. What I wrote
Today Henry Blodget examines why Bank of America is getting hammered. Most telling is this statement: Bank of America has about $222 billion of “book value”–the amount that’s supposedly left over when you subtract Bank of America’s stated liabilities from its stated assets. Countrywide, which was taken over by Bank of America, was the 800
Back in March, I presented 3 reasons why Henry Blodget would become the next media mogul, and my theory wasn’t based on him being a top content producer, it was because he is building a top platform. Fast forward to today, when Blodget officially shared his master plan: Yahoo buys his Business Insider website, promotes
There’s been an interesting debate about blogging economics the last couple of days between financial blogging heavyweights Felix Salmon, writer for Reuters and Henry Blodget, editor in chief of BusinessInsider. There are many layers to the debate, but each man’s core position is as follows: Salmon believes that quality of content and reporting are how
Last week BusinessInsider editor in chief Henry Blodget wrote a Twitter Manifesto, or Tweetifesto as he called it, about his position on investigative journalism that can best be summarized like this: Blodget likes hard journalism but it’s not profitable enough. It’s been 9 days so most have missed or forgotten the 30 tweets (below) comprising
The Business Insider, besides being a good blog run by former Merrill internet stock analyst Henry Blodget, also has a separate research arm called TBI Research. Melding media company with internet/media industry analysis company is a smart business model because it increases revenues without needing to be regulated (much like industry analysis firms such as