MediaBistro Cashes Its Check

MediaBistro.com is one of the more useful web properties in my sphere. So I’m pleased to see its founder, Laurel Touby, cash in.
According to The New York Times, Jupitermedia of Darien, CT has agreed to pay $23 million for the site.
“This company is a true Internet success story,” Ms. Touby said. “This started as an offline community, a cocktail party, that turned into this Web site that actually makes money.”