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These guys had it all wrong from the beginning. I sound like a broken record, but newspaper organizations that want to reinvent themselves online have to run th
by shafqat 18y ago
These guys had it all wrong from the beginning. I sound like a broken record, but newspaper organizations that want to reinvent themselves online have to run their businesses like startups: lean, agile, bootstrapped. Trying to guarantee $250,000/month before even starting, or having a team of >30 people before the website is even up is certainly not the way to do it.
I really wished they succeeded, but it was just so wrong on so many levels. I hope they take a step back, refocus, and start rebuilding from the ground up. Take a handful of people, release early and often, and iterate. Build up from there.