Dany Levy Is Richer Than You Think
Hamilton Nolan · 08/11/08 01:02PM
Daily Candy, the email newsletter for women who like to buy things, was improbably successful. Former journalist Dany Levy founded it in 2000; it quickly became profitable, and she sold a controlling stake in the business to the private investment firm Pilot Group in 2003 for $3.5 million. Pilot Group sold the newsletter to Comcast last week for (an unbelievable) $125 million. But Levy, we hear, retained about a 20% interest in Daily Candy-which would mean that she walked away from the sale with $25 million. That would make her the undisputed internet cash queen of New York media. Take that, Laurel Touby!