Fascinating, I liked this bit, "Here’s the skinny: if this campaign is funded, the writers and editors of Hackaday will keep doing what we’re doing. If we’re successful, we’re going to write up more hacks than we are right now,"
Reading through that particular link its clear that the challenge here is a business model that pays the writers and editors enough money. Raising 500K isn't going to get them a business model. Which explains the second question I had when I read the headline, which was "Why aren't they getting investment from a venture fund?" I'm guessing they are still working on a model going forward which would make an outside investor nervous.
The other thing I wonder is how their traffic has been changed by Google Reader going away, if at all. That's because I'm generally curious on that question. It seemed to me that it was a big traffic generator but I didn't have any proof one way or the other on that.
Reading through that particular link its clear that the challenge here is a business model that pays the writers and editors enough money. Raising 500K isn't going to get them a business model. Which explains the second question I had when I read the headline, which was "Why aren't they getting investment from a venture fund?" I'm guessing they are still working on a model going forward which would make an outside investor nervous.
The other thing I wonder is how their traffic has been changed by Google Reader going away, if at all. That's because I'm generally curious on that question. It seemed to me that it was a big traffic generator but I didn't have any proof one way or the other on that.