Huffington Post Gets $5 Million

Don't worry, be happy.

From NewYorkPost.com:

A group led by venture capital firm Softbank is investing $5 million in the Huffington Post, an online news site and political blog owned by the pundit Arianna Huffington, The Post has learned.

The investment comes a little over a year after the launch of the Huffington Post - which then was billed as a celebrity-filled blog but has since evolved in to its own news brand.

An announcement of the investment could come as soon as today.

Jeez! I can't get any investors to pony up $5 much less than $5 million. One joker did email me with the offer of a sawbuck if I shut my site down.

A prudent observer might wonder if the investment is to have the Huffington Post forward a particular viewpoint.