Wednesday, February 10, 2010

How one enterprising journalist hit it big

The entrepreneurial business model for journalism may not succeed as often as we would like, but it worked perfectly for Michelle Leder, who just sold her home-brewed publishing business to a $2.2 billion company. You may not have heard of Michelle Leder or her website, Footnoted.Org, which she started in 2003 in her suburban home in Peekskill, NY. But dozens of billion-dollar, hedge-fund

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