9 posts and columns on Kenneth Lerer

Huffington Post Co-Founder Ken Lerer Wants You to Watch His Next Company

in Media on March 28, 2011 at 5:30 am PT

What do you do once you sell your digital media business for $315 million? Start another digital media business! Ken Lerer, Brian Bedol, Patrick Keane and Jim Pallotta bet on video with Bedrock Properties.

Lerer Ventures Considers New $50 Million Fund With Hippeau Addition

in News on February 8, 2011 at 10:17 am PT

One of the more interesting pieces of news that got pushed deep down in stories in the noisy swirl around AOL’s $315 million acquisition of the Huffington Post was the move of its CEO Eric Hippeau back to the investor side. He’ll be going to Lerer Ventures, which is run by HuffPo co-founder, chairman and major investor Kenneth Lerer, and is contemplating a big expansion of its efforts. BoomTown talked to both about it today.

AOL + Huffington Post Won't Go to 11. But It Does Make Sense.

in Media on February 7, 2011 at 3:30 am PT

Former AOL CEO Steve Case is right to call out current AOL CEO Tim Armstrong’s fuzzy math. But that doesn’t mean this is a bad deal.

You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

in News on February 6, 2011 at 9:01 pm PT

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

With Canvas, Can "Moot" Bottle 4chan and Sell It?

in Social on January 31, 2011 at 3:20 pm PT

Christopher “Moot” Poole, the creator of 4chan, today opened up testing of an image-sharing community called Canvas, which seems a lot like 4chan without the anonymity.

BoomTown Interviews Arianna, Ken and Eric About Huffington Post Exec Changes: BAM!!

in News on June 15, 2009 at 6:18 pm PT

Apparently, if you want to think about the growth of the Huffington Post as a culinary dish, perhaps today’s replacement of CEO Betsy Morgan with longtime online media powerhouse Eric Hippeau might appear under the Emeril Lagasse cooking cliché: Let’s kick it up a notch! Both co-founders of the online media site, Arianna Huffington and Kenneth Lerer, said as much in interviews I did with them–as well as Hippeau–this afternoon. “The deal is that we simply have been growing so fast that we needed more firepower to accelerate in expanding the site and monetizing it,” said Huffington, who is also editor-in-chief of the news site.
548596634_uuxgj-m-1jpg

Here's the Official HuffPost $25 Million Funding Press Release

in News on December 1, 2008 at 4:06 am PT

Here’s the official press release from the popular news and blogging site, The Huffington Post, which announced $25 million in funding from Oak Investment Partners this morning. Sources told BoomTown the investment gives the site, which had 4.5 million unique visitors in September, a quadrupling from a year ago, a valuation of “south of $100 million.”

Huffington Post Nabs $25 Million in Funding–Here's a BoomTown Interview With Oak Investment's Fred Harman

in News on December 1, 2008 at 3:53 am PT

The Huffington Post, co-founded by Arianna Huffington, will announce this morning that it has raised $25 million, in a single investment from Oak Investment Partners. The large round, which was led by Palo Alto, Calif.-based venture capitalist Fred Harman, will give the popular online news and blogging site a valuation of “just south of $100 million,” a source said. The new funding, the Huffington Post’s third, will be used for expansion of its offerings and the hiring of editorial and business talent. “I think the post-election perception of the Huffington Post has changed in the eyes of advertisers to being a key mainstream news site,” said Harman in an interview with BoomTown last night.