Dave Portnoy toasts to Insider CEO Henry Blodget stepping down

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By Dan Sears

Barstool owner Dave Portnoy popped a bottle of champagne to toast the exit of hated rival Henry Blodget as CEO of Insider, calling him a “piece of sh-t” while chomping on a cigar.

The publication — which announced it was reverting back to its former name of Business Insider amid Tuesday’s shakeup — had run what Portnoy claimed was a “hit piece” that accused him of rough sex with women.

“They changed the name of the company from Insider back to Business Insider ’cause your little game of trying to ruin people, and being the crook and the scumbag and the piece of sh-t that you’ve been you’re entire f–king life you tiny little scrawny dork,” Portnoy said in a video shared to X Tuesday afternoon.

“The guy who tried to run me out of town with a hit piece because that’s what he did at Business Insider. They try to get cheap clicks, fake stories.”

In 2021, Insider published a story citing several women who claimed Portnoy became violent during sex by choking them and filming them without permission.

Barstool boss Dave Portnoy reveled in Henry Blodget’s step-down from the CEO position at Business Insider in a video on X taken poolside in Miami.

One woman claimed that he broke her ribs during a tryst.

Portnoy, who recently bought Barstool back from Penn Entertainment for a mere $1, has strongly denied the allegations and filed a lawsuit against the outlet, which was later dismissed.

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In his rant on the site formerly known as Twitter, Portnoy shared that he “enjoys seeing my enemies fail,” and pops the bottle “if something bad happens to them, or I feel like we’ve defeated them — professionally speaking.”

Blodget, 57, will no longer be CEO and will instead serve as board chair of Insider as of Tuesday, the same day the company rebranded back to Business Insider.

“That’s right, Henry f–king Blodget. Long time coming,” he boasted while lounging poolside in Miami during the 2-minute, 19-second clip. “See ya!”

“Now, I have a champagne bottle ready for him, engraved with his name on it,” Portnoy added, showing a bottle of Dom Perignon Vintage 2010 etched with Blodget’s name, as he does with all of his enemies.

Blodget, 57, will serve as board chair of the rebranded Business Insider as Barbara Peng — who previously served as the outlet’s president — steps into the CEO spot.

Representatives for Barstool and Business Insider, a unit of German publishing giant Axel Springer, did not immediately respond to The Post’s request for comment.

Portnoy, 46, also tore into Blodget over his checkered past on Wall Street — which included him being barred for life for peddling fraudulent stock research and privately calling stocks “crap” among his colleagues at Merrill Lynch while issuing glowing public research promoting those same stocks.

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“This is a guy who’s a crook, got kicked off Wall Street, telling people to buy stocks while sending emails saying they’re trash, stealing your grandmother’s money,” Portnoy railed.

Blodget was also ordered to pay a $4 million fine to the Securities and Exchange Commission at the time before beginning his foray into journalism with a gig at Slate.com writing advice columns where he chastised himself for being a “moron” and “Chief Executive Sleazebag” for his misdeeds.

Portnoy etched a Dom Perignon Vintage 2010 with Blodget’s name, as he does with all of his enemies, saying that he plans to celebrate Blodget’s ousting.

“[Blodget] should be in prison. Lock him up,” Portnoy said.

“Henry — that guy — the guy who stole healthcare from all of his employees. They had to strike against him. I joined that strike.”

That strike Portnoy is talking about took place last June following an ugly spat with unionized staffers after the company slashed 10% of its workforce, or roughly 100 jobs amid slumping traffic and questions about the website’s strategy. 

Portnoy called Blodget a “crook,” pointing to a 2004 ruling that barred Blodget from Wall Street for life. He cofounded Insider three years later.

Portnoy published a seven-minute video from outside Business Insider headquarters in Manhattan when he attempted to picket with protesters, donning a shirt that said “Henry Blodget is a crook” and a sign that read “Lock Henry Blodget up.”

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Unionized reporters and editors went on strike for nearly two weeks over improvements to their compensation, leaving a skeleton crew of managers — including Blodget and Carlson — to pump out viral content to keep the site afloat.

The Post had obtained a video of Carlson riding his bike in his Brooklyn neighborhood ripping down posters from the union, which called him and Blodget out for their bloated salaries.

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