The Huffington Post skips out on the recession

By: Kathryn Lisk

In a time when everyone  from Wall Street to Detroit seems to be suffering from an economic downfall, most companies are looking at cutting budget. This is far from a problem for The Huffington Post, who recently received a $25 million fund from Oak Investment Partners.

This is especially surprising in the journalism market considering the lack of support newspapers have been facing lately as the Internet continues to boom.

Huffington Post hopes to use the extra cash to continue growing nationwide and expand their coverage. Many currently view the HuffPo as a left wing team who reports mainly on politics with a left wing bias. The proceeds will help build up other sections including style, living, media and green. 

A economic boost like this shows how our world is changing. Investors are no longer willing to take a chance in the American automobile market like General Motors because the risk outweighs the reward. Instead, an online journalism business gets the check. 

Maybe journalism isn't such a risky career after all.