“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

Axios CEO Jim VandeHei talked to Vanity Fair about expanding the site’s local-news footprint—beyond its current two-dozen cities—launching a high-end subscription business, and keeping the management team (of Politico expats) in place. “I will never start or run another media company,” he says.