Inc. (magazine)

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Inc.
Inc. magazine, February 2007 issue

Inc. magazine, February 2007 issue

Editor Jane Berentson
Categories Business
Frequency Monthly
First issue April 1979
Country Flag of the United States United States
Language English
Website www.inc.com
ISSN 0162-8968

Inc. is a monthly magazine for entrepreneurs and small businesses based in New York City. It also publishes an annual list of the 500 fastest-growing private companies in the U.S., the "Inc. 500."

The magazine reports its paid circulation as 690,000 as of February 2007, with monthly newsstand sales topping 20,000.[1]

Inc. was founded in Boston by Bernie Goldhirsh and its first issue appeared in April 1979. Goldhirsh was an MIT-trained engineer who worked at Polaroid and on ballistic missiles before becoming an entrepreneur and founding Sail magazine, which he sold for $10 million, using the profits to found Inc.[2] Goldhirsh kept a low profile, and longtime editor George Gendron was the "public face" of the magazine for two decades.[3] Though long considered the younger upstart compared to most business publications, Inc. suffered during the dot-com era as titles like Fast Company seemed to grab more attention, but the tech crash and subsequent retrenchment saw the magazine stabilize its circulation and image.[3] In 2000, widowed and battling cancer, Goldhirsh sold the magazine to Gruner + Jahr[3] for a price reported over $200 million[2]. Goldhirsh's devotion to the principles of entrepreneurism led him to create the Goldhirsh Foundation and a unique trust for his children.[4] The magazine was purchased in 2005 by Morningstar founder, Joe Mansueto, and Inc. and its sister magazine Fast Company constitute the publishing arm of Mansueto Ventures.

The magazine is now based in New York City, and run under the leadership of CEO John Koten and Editor Jane Berentson.

Founder Bernie Goldhirsh's son, Ben Goldhirsh, is the founder of GOOD magazine.[2]

[edit] References

  1. ^ Nicole Smith. "Inc., Fast Company see rapid circulation growth: ABC report", DMNews, February 14, 2007. Retrieved on 2007-02-26. 
  2. ^ a b c Douglas McGray. "Do the Right Thing", The Los Angeles Times, July 23, 2006. Retrieved on 2007-02-26. 
  3. ^ a b c Ellen O'Brien. "Reversal of Misfortune", Boston Business Forward, August 2001. Retrieved on 2007-02-26. 
  4. ^ Emily Steele. "Wealthy Son Aims to Build His Legacy", Wall Street Journal, July 20, 2006. Retrieved on 2007-02-26. 

[edit] External links

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