According to a new report on the valuation of the top 25 blogs, the eight month-old Silicon Alley Insider is worth $5.4 million.  Not bad work for founder/backer Kevin Ryan and editor/pundit/power blogger Henry Blodget.

I’m not quite sold on the valuation equation and find it hard to believe that SAI is worth $2 million more than paidContent, but there’s no doubt at the SAI is a hit. 

A few days I interviewed Kevin Ryan, who sold DoubleClick and is busy building businesses with his DoubleClick buddy Doug Marriman.  He told me that Silicon Alley Insider will be expanding soon to become a "much bigger publishing company."  This will be interesting to watch.

— Andy Plesser

Editors Note:  Kevin is identified in the still image above as Panther Express.  That is the CDN company he founded and spoke about in an earlier post on Beet.TV.  He is incorrectly identified within the video stream.  This will be corrected. Our apologies.