New York
- The Business Insider, a blog network launched by former securities analyst
Henry Blodget that includes Silicon Alley Insider, announced on Thursday that
it has closed a third round of financing, from new investors Allen & Co.,
Marc Andressen, Jim Friedlich and Matt Luckett.
Authored by
Jay Baage on July 13, 2006 - 7:40am.
Henry Blodget, infamous Wall Street Internet Analyst turned blogger, thinks that Google’s stock is trading at a fair value of around $420 (on Thursday it was trading slightly lower at around $413) and predicts Q2 revenue of 1,66 billion, slightly higher than current Wall Street consensus of about $1.6 billion.
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