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by anigbrowl 3154 days ago
Sure, it's not like a new business has any operating expenses or cashflow requirements.
1 comments

So DNAinfo owners should run an unprofitable business but the reporters should not?
Profit, startup capital, and cash flow are quite different things. I don't believe that Joey Rickett's decision was a coincidence motivated by pure fiscal math either.
If it was profitable, others can do it themselves. Plenty of bank loans available.

If it wasn't profitable, then the owner was essentially donating money until now and this whole thing would've ended even sooner under other conditions.