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New York Times closes R&D Ventures
- danso 13y agoThat's interesting...they just recently launched their "Timespace" startup incubator...which I assume was part of R&D ventures? A year seems pretty short for a venture into venture funding. Background here: http://pandodaily.com/2013/07/26/inside-timespace-the-new-york-times-new-startup-accelerator/ http://pandodaily.com/2013/07/26/inside-timespace-the-new-yo... edit: Another link here, to their Early Stage Investments: http://www.nytco.com/early-stage-investments/ http://www.nytco.com/early-stage-investments/ Not sure if it's the same thing as the R&D Ventures group though...in fact, it probably isn't, as the R&D Ventures (from what I can tell) began last summer, and NYT's investments listed above pre-date that. Also, nearly all of the early-stage-investments are media/information companies, whereas R&D ventures seemed to have a different focus?
- obvious7 13y agoThe article was not very clear. R&D ventures was an offshoot of R&D labs which is a seperate vehical entirely from TimeSpace and their early stage investments. The ventures team was created to monetize the work from R&D. However the group was not able to perform as well as they were expected to. In the end the team cost more than the revenue they produced.
- r0h1n 13y agoAnd just a few days back Arthur Sulzberger was saying if there was one thing he could do differently in the past, it would be to "hire more engineers". http://www.niemanlab.org/2013/10/the-newsonomics-of-little-data-data-scientists-and-conversion-specialists/ http://www.niemanlab.org/2013/10/the-newsonomics-of-little-d...