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Schadenfraude alert!
1 posted on 07/01/2003 11:22:57 AM PDT by ewing
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To: ewing
Didn't they just get like $800,000 in VC funding recently?

Further proof that there's no money in lies.
2 posted on 07/01/2003 11:24:01 AM PDT by ItsOurTimeNow ("For great justice...")
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To: ewing
What is it with LW groups not paying their bills? Al Sharpton has done the same thing.
7 posted on 07/01/2003 11:33:13 AM PDT by finnman69 (!)
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To: ewing
I loved hearing the idea of various libs wanting to get a few hundred million in backing to open a Liberal News channel (as if they don't have enough already). One way to remove Liberals from power is to part them from their money. Salon was an excellent start.
8 posted on 07/01/2003 11:33:56 AM PDT by Hodar (With Rights, comes Responsibilities. Don't assume one, without assuming the other.)
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To: ewing
These idiots were running into financial trouble, yet they forgot they were sitting on a valuable asset: a long-term lease in the expensive San Francisco market. They could have sub-let the headquarters and moved into cheaper quarters in a less prime area - because you don't need prime real estate to run a dot.com business - and thereby turn the lease into a financial asset.

Even if the sub-let could not equal their rent, they would probably still be better off paying the difference to thier old landlord while renting at a cheaper place.

Instead, they do the worst possible thing: stay in the San Francisco property and pay top dollar while thier crappy lefty dot.com is losing money.

12 posted on 07/01/2003 11:46:37 AM PDT by BCrago66
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To: ewing
....and rent just one floor....

HMMMM. Is it the subbasement? Trolls like the danky dark.

17 posted on 07/01/2003 12:09:13 PM PDT by bert (Don't Panic!)
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To: ewing
Why doesn't Salon just DIE already?
20 posted on 07/01/2003 12:11:41 PM PDT by Pan_Yans Wife (Lurking since 2000.)
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To: ewing
What I don't get is this -- Salon has been "bleeding from all orafices" (to quote Gordon Geikko) for years now. Why do they still exist? Why isn't their editorial staff located in a packing crate over a steam grate somewhere, with a sign outside that says, "Will run a website for food"?

'Splain me dat, Lucy!

Congressman Billybob

Latest article, now up FR, "Tell me lies, tell me sweet little lies."

32 posted on 07/01/2003 1:44:47 PM PDT by Congressman Billybob ("Saddam has left the building. Heck, the building has left the building.")
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To: Jim Robinson
Hey Jim....where are the big FR offices located? heehheee
38 posted on 07/01/2003 3:14:17 PM PDT by Feiny ( When life hands you lemons, ask for tequila and salt)
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To: *Salon Deathwatch
ping
39 posted on 07/01/2003 11:04:31 PM PDT by Dont Mention the War
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To: ewing
From Salon's 10K report and in their own words...
THE CONTROVERSIAL CONTENT OF SALON'S WEBSITES MAY LIMIT ITS REVENUES

Many of our Websites contain, and will continue to contain, content that is politically and culturally controversial. As a result of this content, current and potential advertisers and Salon Premium subscribers may refuse to do business with Salon. Salon's outspoken stance on political issues has and may continue to result in negative reactions from some users, commentators and other media outlets. From time to time, certain advocacy groups have successfully targeted Salon's advertisers in a attempt to persuade such advertisers to cease doing business with Salon. These efforts may be a material impediment to Salon's ability to grow and maintain advertising revenue.


That would be FreeRepublic.

Allstate is Salon's largest advertiser and is funding their filth. Here is a link to their complaint page link

44 posted on 07/02/2003 8:43:15 AM PDT by Drango (To opt on or off my *NPR/PBS* Ping list please Freep mail me)
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