This is not the best time to be looking for work — unless, it seems, you’re a financial blogger. Henry Blodget has just poached John Carney, Dealbreaker’s editor in chief, to run his financial blog, Clusterstock — although Carney says he might change the name. Here’s the IM conversation I just had with Carney:
John Carney:
So I’m leaving DealBreaker.
Tomorrow is my last day.
Felix Salmon:
definitely need some drinks tonight in that case! What’s the story?
John Carney:
Going to join Henry Blodget’s company. Will be running a site about Wall Street.
Felix Salmon:
Which one of Blodget’s companies? I can’t even keep up with the number of websites that guy has
John Carney:
Well, probably ClusterStock although I may change the name.
Same shop that does Silicon Alley Insider
Felix Salmon:
do you start there Monday?
John Carney: Tuesday
Felix Salmon:
Less juvenile than Dealbreaker, presumably
John Carney:
It will still have humor and gossip but, yes, it will be more mature.
Felix Salmon:
Will it look to compete with the Lex/Breakingviews/Heard on the Street crew?
like a free version of what they’re doing, but more timely, and concentrating just on financials?
John Carney:
We’ll concentrate on financials at first but might branch out over time
Felix Salmon:
And the reason for you jumping ship? More money? More responsibility? An overwhelming desire to work for someone who’s banned from working in the securities industry for life?
John Carney:
After two and a half years at DealBreaker, I felt like it was time for a change. I think they’ve got a great team in place to make it work. And, yes, the financial situation won’t be bad.