Mashable Is Exploring a Sale

Anyone want a website?

Mashable is the next media company looking to be purchased. Deutsche Bank is shopping the site and hoping to get between $300 and $350 million.

Unfortunately, that number might be a bit too optimistic. Sources told Politico that Mashable’s founder Pete Cashmore can expect something more in the $250 million range:

The valuation picture is rounded out by some recent deals in the space. Look at the recent Business Insider acquisition by Axel Springer. BI’s valuation came in at about $440 million in that sale.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in