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Media startup The Messenger disintegrates, leaving staff nothing


They say don't shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million

Media startup The Messenger burst on the scene last May with $50 million dollars in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. “The last thing I saw in The Messenger’s slack was a panicked colleague writing ‘wait, what about our insurance coverage, I have a surgery boo—’ and then we all got booted out!! This strategy for a media business might have worked fifteen years ago, but this isn’t the era of the BuzzFeed boom (just look at that company’s stock price).

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