4 ms·
Mexican Billionaire Invests $250m in The New York Times
- pclark 18y agoNew York Times doesn't need money - it needs visionaries. It needs people to step away from the newspaper, and think how to evolve it. Do what their (gorgeous) web design dept has done -- for print. Newspapers can be saved.
- trevelyan 18y agoThe best they can get is 14% interest, 11% of which needs to be paid in cash. Plus warrants to purchase equity if the company's finances improve? Who is fooling whom? This company is dead.