Jimmy Wales, the founder of Wikipedia, is close to achieving his funding goal for the independent WikiTribune, a journalism enterprise that operates on many of the same principles as Wikipedia but is a separate business operation. Can Wales transfer the magic that transformed the encyclopedia model into journalism?
Jimmy Wales close to achieving initial goals for WikiTribune
With just one day to go before ending their initial fundraising efforts, the WikiTribune has funded nine of the ten journalists it originally targeted. Wales told ValueWalk he is “confident” WikiTribune is going to hit his fundraising target and embark on a new business model for journalism.
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