by: Jeremy Barr | Capital New York
There is a tendency in the New York media space that is less common in the tech industry of guessing the relative profitablilty of digital news companies.
Business Insider, co-founded in 2007 by Henry Blodget and Kevin Ryan, recently raised $25 million from investors, bringing its funding total to $55.6 million in 7 rounds. It’s not profitable, but that is not the point, the company’s president and C.O.O. Julie Hansen said in an interview with Capital.