Earnings, IPOs, and the like

Earnings, IPOs, and the like

by Mike Masnick




Salon Founder Steps Down, Reports First Profitable Quarter

from the it's-about-time... dept

Salon.com has certainly gone through its share of troubles, and there have been many, many times when people questioned whether or not it would be able to survive. Every time that it was close to death, however, someone came along and dumped more money into the company. So, now, after ten years the company is finally reporting its first quarterly profit -- but also that founder, editor-in-chief and CEO Dave Talbot is stepping down. While not everyone is a fan of the site, it has done an impressive job over the years showing that "real" journalism can take place in an online-only environment.

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