The Hose

Evil

Bill Gates is reportedly ready to unload an expensive hobby and sell Slate for $12 million, which is nearly twice its annual revenue. Founded in 1996 by editor Michael Kinsley, who has since moved on to the LA Times, the e-zine has always been a money-losing proposition. Despite an audience of 4.6 million readers a month, according to Nielsen//NetRatings, the site is only operating at break-even. Kinsley got out, Gates wants out. The question is: Who wants in?

INTERESTING! Slate is for sale and it only costs $12 million? Yes, you and I are thinking the same thing: that XTIAN and I should buy Slate and take our witty stylings to the big time! We can be "Co-Editors-In-Chief" and have bitch fights over the "creative direction" every single day. That would make a great reality TV show.

Hey, anyone want to lend us $12 million?