Version: 2008

Comments on: Huffington Post replaces its CEO

Betsy Morgan is leaving the company after fewer than two years on the job, and will be replaced by Eric Hippeau, a partner at Huffington Post investor Softbank Capital.

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by oldmanangry June 15, 2009 2:09 PM PDT
and we care why?
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by mishmash0101 June 15, 2009 3:35 PM PDT
Left leaning? Understatement of the year! Huffington Post defines the modern day limousine liberal.
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by lightningrob June 15, 2009 4:19 PM PDT
Good point Mish (or is is Mr/Ms Mash?). But please do keep in mind today's media standards, where HuffPo has to compete with such stalwarts as DailyKos and the NYTimes for left-wing kudos. So by those lofty standards, HuffPo is merely "left-leaning'!
by SnowCrash8 June 15, 2009 6:14 PM PDT
Must not be making enough $$$ for them to replace the CEO with the VC guy.
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by montex66 June 15, 2009 8:27 PM PDT
So let me see if I understand you, mishmash. It's perfectly OK to have Fox News, Rush Limbaugh, Sean Hannity, Michael Savage, Michelle Malkin, Rupert Murdoch, Ann Coulter and Bill O all saying anything as long as it is Right Wing - and that'sOK. But anyone else who has a difference of opinion is WRONG? Nice to see just exactly how much you believe in that freedom of speech you wingnuts keep talking about.
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by mbenedict June 15, 2009 10:42 PM PDT
Huffington Post's business model is all wrong. Didn't anyone learn anything from the dot-com bubble burst?

Huffington Post has the typical "profits don't matter" so "lets raise a ton of money from VC to grow" model. As a result they have to over-engineer everything, hiring a ton of people and building a massive, expensive technical infrastructure (to support thousands of bloggers, etc.)

They generate maybe $8 million in yearly revenue but need a 40 to 50 employees to do so!!

As a comparison (both politically and economically) look at Matt Drudge. His Drudge Report is a much leaner, simpler model. He has one static HTML page vs. Huffington Post's thousands of bloggers.

Yet with one cached HTML page, the Drudge Report manages to generate about 50% of Huffington Post's traffic and revenue (about $4 million a year) with just TWO employees (counting Matt Drudge himself plus his colleague Andrew Brietbart) and very little infrastructure cost.

Needless to say the Drudge Report is highly profitable, while the Huffington Post likely operates at a net loss. The Huffington Post needs to do much more than replacing the CEO; they need to jettison their entire business model.
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