I think the reason they failed is because there is a disconnect between a media site and VC funding. VC funding means scaling - and media is challenged to do th

I think the reason they failed is because there is a disconnect between a media site and VC funding. VC funding means scaling - and media is challenged to do that and do it consistently. Some businesses just aren't geared for VC funding. There are naturally examples in media that show it can sometimes work, but that's the exception rather than the rule in my opinion.