“This Is a Company That Could Be Worth a Hell of a Lot More”: How Axios Will Shake Out After $525 Million Sale to Cox

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Axios CEO Jim VandeHei speaks to JoePompeo about his company's acquisition—and why he'll 'never start or run another media company.'

, “Bringing a forward-thinking organization like Axios into Cox Enterprises is exciting for us on many levels, and we look forward to helping them continue to scale and grow.”last fall, heating up within the past couple months. “They were far and away the easiest, kindest investor imaginable,” he said. “We spent the time after they led the Series D getting to know them, and, to be honest, doing our own due diligence, figuring out, Are these people for real? And they were.

VandeHei is an entrepreneurial guy, having cofounded two of the most influential news start-ups of the digital era. I wondered if he might once again heed the start-up siren call. “I will never start or run another media company,” he said, emphatically. “This is my life’s work, and there’s many, many, many years of work to do at Axios.”

 

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