Following the news of Aol’s $315 million acquisition of the Huffington Post, we thought it’d be interesting to see what early tech investors might’ve profited handsomely from Tim Armstrong’s largesse. Albert Wenger of Union Square Ventures got us thinking about this:
This is clearly a good deal for Arianna Huffington who I am Read More
Bob Pittman, who helped develop popular email lists like Daily Candy and Thrillist, will Launch PureWow today, an email list for women over 35. It’s going to be quick, actionable info for the cougar on the go.
“These women are starved for information, but they don’t need to be bothered with too much,” Mr. Read More
Fun With City Records
Our daily roundup of the most notable high-end residential transactions from the past 24 hours.
–Randal A. Nardone, co-founder and COO of Fortress Investment Group, and his wife, Melani, sold their apartment at the Heritage at Trump Place at 240 Riverside Boulevard for $9 million to Sylvain Mirochnikoff and his wife, Xena Warrior Princess Read More
In February of 2001, Robert W. Pittman sat on the front porch of his estate in Montego Bay, Jamaica, with his close friend Henry Silverman, the chief executive of Cendant Corporation and the man who had hired Mr. Pittman in 1995 to run Century 21. Mr. Silverman gave his buddy-who by then was the co–chief Read More
Two years after AOL’s Steve Case beguiled Time Warner’s Jerry
Levin with a thrilling vision that new-era growth would propel the merged
company far into the next decade, Richard Parsons, the C.E.O.-designate for AOL
Time Warner, formerly declared the dream dead.
It happened on Jan. 7, in a State of AOL Time Warner conference Read More
On Friday, Nov. 9, AOL Time Warner chief executive Gerald Levin
mounted a podium at the Millennium Broadway Hotel in Times Square and started
in on a speech to a hall packed full of investors. The host was J.P. Morgan,
and Mr. Levin-fresh off the company jet from business in China, and then the Harry Read More