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Politico Co-Founder Gets Funding For New News Property

Jim VandeHei, co-founder of Politico, is developing a new media outlet aimed squarely at corporate executives and other professionals. The soon-to-launch property -- which will include a blend of business and political news -- just secured about $10 million in financing, according to The Wall Street Journal. “The investment round was led by Lerer Hippeau Ventures,” it reports.

Read the whole story at Wall Street Journal »

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