AOL has bought the Huffington Post for $315 million.
In Dec, 2010, 24-7 Wall Street valued the Huffington Post at $150 million and as the second most valuable blog after Gawker.
This is not an impact on the future, but is a minor data point that seems to confirm the relative accuracy of the valuation estimates made by 24-7 Wall Street on private blogs. The difference between the AOL purchase price and the valuation estimate is the buyout premium.
Information about Huffington Post growth and synergies with AOL
* HuffPo turned its first profit in 2010 on $30 million in revenue. HuffPo expects to triple revenue by 2012.
* AOL is projecting a 30 percent profit margin for the site this year and expects to wring $20 million of cost savings by combining HuffPo with its own news sites. The combination will reach about 117 million unique visitors a month in the U.S
* Huffington’s site now gets 25 million unique visitors a month, rivaling The New York Times’ 32 million. The Huffington Post is the classic case of what Harvard Business School professor Clayton Christensen calls the “innovator’s dilemma.” HuffPo was the side-show innovator that mainstream media executives didn’t see coming. While they wrung their hands over whether to charge for online content, Arianna Huffington upended their business models.
* It’s been a fast-growing startup. Now it can be a fast-growing, major digital media company
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.