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Jim VandeHei

Jim VandeHei is an American journalist and media entrepreneur, a co-founder of the political news outlet PoliticoPoliticoPolitico is a news organization focused on U.S. politics and policy. It was founded in January 2007 by former Washington Post journalists John F. Harris and Jim VandeHei with funding from Robert Allbritton, and is known for fast-paced Washington political reporting, the Playbook newsletter and Politico Pro, a service for institutional subscribers. Since 2021 it has been wholly owned by the German media group Axel Springer.Open the full entry and co-founder and chief executive of the news company AxiosAxiosAxios is a US digital news media company founded in 2016 by former Politico executives Jim VandeHei, Mike Allen, and Roy Schwartz and launched in January 2017. It is known for short news items and industry newsletters in the “Smart Brevity” style, especially for its Washington political coverage, and publishes local news newsletters in cities across the United States through Axios Local. Since 2022 it has been owned by Cox Enterprises.Open the full entry.

Contents10 sections
Key facts

Early Career: White House Reporter at The Washington Post

Co-Founding Politico

In 2006 VandeHei and Harris left The Washington Post to co-found Politico with Mike Allen and Robert Allbritton, the heir to a banking and media empire who backed the venture. Politico launched in January 2007, when VandeHei was 35.⁠[2][1]

Moving to the Business Side and Becoming CEO of Politico

In October 2013 Politico hired Rick Berke to formally replace VandeHei, who had moved to the business side; by 2015 VandeHei had become chief executive of the company.⁠[1]

Announcing His Departure from Politico

In January 2016 VandeHei, Politico’s co-founder and chief executive, announced in a memo that he would leave after the election season, as would Playbook author Mike Allen. Amid talk of disagreement with owner Allbritton over expansion into state capitals, VandeHei denied the rumors at a staff meeting and said he was eager to build a new venture once again.⁠[3]

Co-Founding Axios

VandeHei co-founded Axios with Mike Allen and Roy Schwartz, and the company launched in January 2017. VandeHei bet that bite-size newsletters could overcome what he called the “crap trap” of the open web. In late 2020 Axios acquired the Charlotte Agenda and expanded into more local markets the following year.⁠[4][2]

Sale of Axios to Cox Enterprises

On August 8, 2022, Cox EnterprisesCox EnterprisesCox Enterprises is an American family-owned business group headquartered in Atlanta.Open the full entry announced its acquisition of Axios; the three co-founders kept substantial stakes and continued to lead editorial and day-to-day business decisions. Cox did not disclose the price; press accounts put the valuation at about $525 million, and Cox added a $25 million investment to expand coverage. Axios HQ, the company’s communications software business, was spun off as an independent company majority-owned by the founders, with Cox as its sole minority investor and VandeHei as chairman of its board.⁠[4][2]

VandeHei said in the release that Axios had found its “kindred spirit for creating a great, trusted, consequential media company that can outlast us all.”⁠[4]

Media Panel on the a16z Channel

Pushing Axios Toward AI

He calls himself an “AI lab rat” and has required staff to embrace AI tools, saying: “We were early to basically telling our staff that you don’t have a choice.” He has described a “local supersystem” that could automate rote tasks and wants Axios to be in a thousand communities someday.⁠[2]

Related Organizations, Websites, and Public Accounts

Sources

  1. Can Politico rise again? (opens in a new window)
  2. Axios Wants to Save Local News with AI (opens in a new window)
  3. What a major leadership change means for Politico’s global ambitions (opens in a new window)
  4. Cox Enterprises Acquires Axios Media Inc. (opens in a new window)
  5. The 4th Estate: How Media is Changing in Washington, D.C. (opens in a new window)