Salon I.P.O. Is Proof of New Adage: Editorial Doesn’t Go Public
Salon.com hit the ground–well, it just sort of hit the ground when it went public at last June 22. It was offered at $10.50, but by the end of the day it had fallen to $10. The initial public offering...
View ArticleI.P.O. Jackpot Dreams Fade for Dot-Com Scribes
Last May, as dot-com mania was blooming, Dave Kansas, the editor of TheStreet.com, became a rich guy when the financial news site went public. At the end of first day of trading, he owned $9 million...
View ArticleSalon.com Reduces Its Staff By the Numbers
In the end, it was numbers that did in some of the literary talents of Salon.com. First revenues determined that it was necessary to reduce costs at the on-line magazine. Then founder and...
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Salon to Relaunch With "American Spring"
Disclosure: The author of this post was previously employed by Salon.com. Salon.com -- never, ever to be confused with Slate.com -- has brought back former editor in chief/founding father David Talbot...
View ArticleSalon Makes a Go of it with CEO from HuffPo
Former Huffington Post technical director Cindy Jeffers has been named CEO an CTO of Salon, the company announced today. Salon founder David Talbot had been serving as interim CEO after digital media...
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