Earlier quoted context omitted.
The Intercept was bankrolled by a billionaire who committed $250 million to his journalism efforts while it got off the ground... https://pressthink.org/2013/10/why-pierre-omidyar-decided-to...
Is that what it really costs to forge a new, worthwhile publication?
Journalists should invest in journalism startups, particularly now
61–65 of 65 posts
Re: Journalists should invest in journalism startups, particularly now
#62Re: Journalists should invest in journalism startups, particularly now
#63Earlier quoted context omitted.
The place I was at paid a lot more than $0 per share. Is zero share value common for ESOPs?
What I mean is that a lot of traditional journalistic outfits have been teetering toward bankruptcy in recent years/decades. While there are successes, the total size of the industry has been declining.
Re: Journalists should invest in journalism startups, particularly now
#64Earlier quoted context omitted.
What I mean is that a lot of traditional journalistic outfits have been teetering toward bankruptcy in recent years/decades. While there are successes, the total size of the industry has been declining.
this was a direct consequence of Google and Facebook's predatory pricing. How is a hack on the bread line supposed to take on the Goliaths of Silicon Valley?
Re: Journalists should invest in journalism startups, particularly now
#65Earlier quoted context omitted.
Because if you don't invest in something then you will never be rich. If you do then there is a chance you might become rich.
All things considered, excluding pump’n’dump schemes, you’d probably have a better shot winning the lottery than backing the Next Big ThingTM.