In late 1998, Henry Blodget, an analyst at CIBC Oppenheimer, warned that“as with all
Internet stocks, a valuation is clearly more art than science.”.
Henry Blodget, founder & editor of Business Insider, may end up making a move back into trading, but for
now he still has to turn around the business at hand.
In a profile of Blodget in the New Yorker,
it's noted that BI apparently lost $3 million in 2012, but also that it plans to bring in revenues of some $11 million this year.