Arianna did not make $100 million on AOL deal

It's more like $20 million to $30 million, according to analyst Laura Martin, who now says that the $100 million figure attributed to her by the Washington Post was a misquote. Forbes blogger Jeff Bercovici says that Huffington's stake in her company is around 14 percent, which is less than the stakes held by Softbank Capital and Greycroft Partners. Those investment firms will walk away with about $75 million each, according to PE Hub, a site that covers private equity deals. Actually, Huffington's stake is less than that of founding partner Ken Lerer. Whatever the specific payout, it's awfully nice money for an operation that's only been around for six years - and which required relatively little upfront capital from Huffington and Lerer.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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