Instacart, the revolutionary company that invented the business of “delivering groceries,” is damn near “profitable!” Well.. sort of. And working at Instacart is much less profitable than it was before.
Many months ago, top Washington Post political reporters Jim VandeHei and John Harris left their real newspaper to go be partners in a multimedia cross-platform Web 2.0 venture called Politico, which is actually a tiny little newspaper in Washington, DC. And a website. They lured a bunch of other top reporters over…
Meredith's Better Homes and Gardens "posted a 71.5 percent jump in single copy sales" in the second half of 2007, making it a rare success story in an industry struggling with newsstand sales across the board. Their secret: selling overrun copies of the mag at "steep discounts" at the dollar store. They had to end…
Say what you will about Nicole Richie, but the bitch has good return on investment. People magazine snagged pictures of her "perfect" baby at the discounted rate of $1 million. The little bundle of joy is on track to sell 1.8 million copies. Christina Aguilera, who sold pictures of her precious angel Max for $1.5…
Attached, Nicole Richie's million dollar baby. As in one-million dollars, the price paid by People for the exclusive. Holy buckets, you say—what an expensive baby! You, sir, are naive. This is the bargain baby! Shiloh Jolie-Pitt was worth $4m. Jennifer Lopez's new twins went for more than $3m each! (How awesome would…
Vice co-founder Shane Smith: "We have Goldman Sachs, and other venture capital firms all over us. They can't believe we're not interested in selling. We're in 22 countries; our last record was in the top 10 in 12 countries; our books are all best-sellers and every issue of the magazine is making a profit. Look, BudTV…
