How Facebook helped Axios sell for $500 million

How Facebook helped Axios sell for $500 million

2 years ago
Anonymous $33nAR-2OaA

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.