One of the more shocking nuggets from the report is that Klein reportedly sought an “eight-figure” investment from The Washington Post to create a new website. The project ultimately was not supported by Jeff Bezos, who recently took over as the paper’s owner.
Both the Times and The Huffington Post have reported over the past two weeks that it’s still possible for Klein to stay at The WaPo. But the Times reported that discussions involving his plans would have to be rekindled.
According to the Times, Klein has had discussions with potential investors and venture capitalists in the hopes of creating the website on his own. Those talks have come since WaPo management refused to back the project.
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
Business Insider Emails & Alerts
Site highlights each day to your inbox.