Salon Not Dead Yet...

from the squeaking-by dept

I'm sensing a pattern. Every few months Salon announces that they are unable to survive much longer, and then, miraculously, someone coughs up a few hundred thousand dollars for them to go for a few more months - at which point the company claims they hope to use that money to reach profitability. It's happened again. After warning that they weren't going to be able to survive past February, you may have noticed they're still in business. They just announced that they've received another $800,000 from two of their investors, Bill Hambrecht and John Warnock. We'll see if the pattern repeats itself again in another few months.

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here

Subscribe to the Techdirt Daily newsletter

Comment Options:

  • Use markdown. Use plain text.
  • Remember name/email/url (set a cookie)

Follow Techdirt
Insider Shop - Show Your Support!

Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Report this ad  |  Hide Techdirt ads
Recent Stories
Report this ad  |  Hide Techdirt ads

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it

Email This

This feature is only available to registered users. Register or sign in to use it.