Saturday, 6 April 2013

Bezos Invests In Business Insider – How Soon Will He Expect Profits?

Amazon.com founder Jeff Bezos is one of the newest investors in digital publication Business Insider. Henry Blodget, the former former Wall Street analyst who co-founded Business Insider, announced it saying:

Bezos Expeditions, the personal investment company of Jeff Bezos, has led a new round of financing for Business Insider. Many of our existing investors, including Institutional Venture Partners and RRE Ventures, also participated. The new capital–$ 5 million–will allow us

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