The Huffington Post has raised $25 million from Oak Investment Partners at close to a $100 million valuation.
According to Compete, HuffPost edged out DrudgeReport on traffic back in February ‘08 and really widened the gap beginning in August.
Compete also reports that HuffPost’s traffic has seen 600% year-over-year growth.
Score another one for New Media.
AllThingsD, Mashable
European And Silicon Valley Culture Clashes Hit The Mainstage
December 13, 2008Since the LeWeb Conference in Paris has finished up, many Europeans have stated how displeased they were with TechCrunch editor Mike Arrington. The controversy has stemmed from his on-stage behavior and follow up article to the conference, dicsusses the differences between European and Silicon Valley work ethic. To say the least, the conference organizer and [...]