How Facebook helped Axios sell for $500 million
https://www.vox.com/recode/23297459/axios-facebook-advertising-tech-google-peter-kafka-column
Money from Meta — and the rest of Big Tech — is pouring into Washington publications.
Axios is an against-the-grain success story: a five-year-old media startup, backed by venture capital, that succeeded journalistically and financially. Which is why it has been able to sell itself for more than $500 million to Cox Enterprises.
How Facebook helped Axios sell for $500 million
Aug 9, 2022, 10:25am UTC
https://www.vox.com/recode/23297459/axios-facebook-advertising-tech-google-peter-kafka-column
> Money from Meta — and the rest of Big Tech — is pouring into Washington publications.
> Axios is an against-the-grain success story: a five-year-old media startup, backed by venture capital, that succeeded journalistically and financially. Which is why it has been able to sell itself for more than $500 million to Cox Enterprises.