Felix Salmon: Blogs Are Selling At 5-6x Revenues, AOL Bought Huffington Post At "Justifiable Price"
2/13/2011 05:52:00 PM
Felix Salmon, the business blogger at Reuters, thinks AOL got a good deal for The Huffington Post at $315 million (lower end of estimates). He said blogs right now sell for 5-6x revenues. So who buys Business Insider? Yahoo? Better yet, who buys Distressed Volatility for $1 billion. Kara Swisher of AllThingsDigital (a WSJ property) also appeared during the CNN segment.