At last week’s Startup 2012 conference, Arianna Huffington told us what her number one reason for selling The Huffington Post to AOL was.
“The main reason I wanted this acquisition was because I would finally have the resources I needed to grow HuffPost much faster than we could do it pre-AOL.”
In other words, money.
But that doesn’t mean Arianna has been aimlessly throwing cash anywhere she sees fit.
The HuffPo editor-in-chief went on to say that she still has money left over from the first budget given to her by AOL and that her site has “maintained a startup spirit” when it comes to spending.
Produced By: Kamelia Angelova, Robert Libetti, & William Wei
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