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More Blog Network Funding

August 8, 2006

vcmike

The Huffington Post announced that it has raised $5M dollars from Softbank Capital and Greycroft Partners.

Yet another blog network funding, following recent fundings for PaidContent and GigaOm.

Still early days for the sector; while it is clear that good bloggers can build highly profitable businesses, the open question remains how big these businesses can be.

I am inclined to believe that teams who understand both how to create a must-read blog and how to build a diversified network of vertical media properties have a pretty interesting opportunity.

One Comment

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  1. August 10, 2006

    Can you tell more about “vertical media properties”?

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