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So DNAinfo owners should run an unprofitable business but the reporters should not?
by notyourday 9y ago
So DNAinfo owners should run an unprofitable business but the reporters should not?
- anigbrowl 9y agoProfit, startup capital, and cash flow are quite different things. I don't believe that Joey Rickett's decision was a coincidence motivated by pure fiscal math either.
- manigandham 9y agoIf it was profitable, others can do it themselves. Plenty of bank loans available. If it wasn't profitable, then the owner was essentially donating money until now and this whole thing would've ended even sooner under other conditions.