Comparison is a form of flattery when the brand new and built on a shoestring Oakland Local gets compared to the raised $1MM before launch Texas Tribune.
Editor’s Weblog has a piece today on the TT launch. As the author of the piece writes: “Smith and Thornton worked hard on securing donations, with Thornton himself donating $1 million to the Tribune. In early October the founders confirmed they had received a further $750, 000 in grants from the Houston Endowment and the John S. and James L. Knight Foundation. The Tribune
is now only slighty short of the $4 million target it needs to continue
running for two years, with a current total of $3.7 million. “
Susan says: Given that we have done everything so far with seed money from JLab of less than $8,000, I am loving this comparison. Shoot some $$ our way, and you will see great things and probably less money going to big salaries.
Comparison is a form of flattery when the brand new and built on a shoestring Oakland Local gets compared to the raised $1MM before launch Texas Tribune.
Editor’s Weblog has a piece today on the TT launch. As the author of the piece writes: “Smith and Thornton worked hard on securing donations, with Thornton himself donating $1 million to the Tribune. In early October the founders confirmed they had received a further $750, 000 in grants from the Houston Endowment and the John S. and James L. Knight Foundation. The Tribune
is now only slighty short of the $4 million target it needs to continue
running for two years, with a current total of $3.7 million. “
Susan says: Given that we have done everything so far with seed money from JLab of less than $8,000, I am loving this comparison. Shoot some $$ our way, and you will see great things and probably less money going to big salaries.