Why take an already-profitable news outlet and inject it with VC funding?
Marc Andreessen’s Burgeoning Blogging Empire: Invests In Talking Points Memo
More news about Marc Andreessen making venture investments this morning after the launch of his new $300 million fund, Andreessen Horowitz: he is leading a round of financing for TPM Media, better known as the TalkingPointsMemo blog.
TPM founder Josh Marshall confirmed the pending investment today by phone. The round is small, between $500k and $1 million. Andreessen is leading the round and a number of other angel investors are participating as well.
