Saturday 30 November 2013

This online journalism startup raised $1.7M in crowdfunding and you've never heard of it



This online journalism startup raised $1.7M in crowdfunding and you've never heard of it

We've been writing a lot lately about online journalism startups like Matter — which was acquired by Medium and just dropped its paywall — and NSFW Corp., the Vegas-based venture that just merged with Pando Daily. Both have raised hundreds of thousands of dollars and gotten a fair amount of attention, even though they have both failed to remain independent.

But there is an online media startup that is substantially larger than Matter and NSFW put together, both in terms of funding raised and in number of subscribers — and yet it gets surprisingly little attention. That's because this particular crowdfunding success story is based in Holland. Known as De Correspondent, it launched in September, having raised a relatively massive $1.7 million in donations from almost 19,000 people.

http://gigaom.com/2013/11/29/this-online-journalism-startup-raised-1-7m-in-crowdfunding-and-youve-never-heard-of-it/

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