kenny-lerer

Kenny Lerer: New York's Most Generous Web Exec

cityfile · 07/08/09 12:55PM

Many people have criticized The Huffington Post for not paying its writers. But Ken Lerer, who co-founded the site with Arianna Huffington and remains the company's chairman, sure has one heck of a generous streak. Last week, we noticed that Joey Bartolomeo, a senior writer at People and frequent TV talking head, had purchased an apartment on the Upper East Side. What was strange was that Bartolomeo didn't buy the $1.025 million co-op on her own. Lerer's name appeared on the property documents as well. And it turns out that Joey isn't the first member of the Bartolomeo family to have benefited from Lerer's largesse. Bartolomeo's older sister, Stephanie Bartolomeo, picked up a $1.25 million co-op on the Upper West Side back in March. And once again, Lerer co-signed for the apartment.

When New Technologies Cause Great Firms to Fail

Nick Denton · 01/11/08 04:21PM

The demise of Conde Nast's scrapbook site for teenaged girls, Flip.com, was a reminder. How is that other big website launch of 2007 going? 23/6, a joint venture between Barry Diller's IAC and Kenny Lerer's Huffington Post, was two years in the making. The political humor launched in November to lackluster reviews; but maybe it's caught fire since, what with the elections and all. Who are we kidding? A quick search on Compete.com shows 23/6 is as stillborn as Time Inc's Office Pirates, Viacom's Virtual Lower East Side — and every other site that springs from the loins of New York's media titans. They really should have read The Innovator's Dilemma, that standard reference book for young-at-heart moguls, more carefully.