In the final days of doomed news website The Messenger, insiders painted a chaotic scene of checked-out-bosses and furious staffers — some of whom had already “tapped out” because they had no faith in CEO Jimmy Finkelstein. The accounts from several of the roughly 300 journalists who were fired when the startup went belly-up Wednesday … Read more
Struggling news startup the Messenger is reportedly in talks with a group of conservative media and business executives, Axios reported late Thursday. The publication said the group is proposing $30 million for a 51% stake, which would put the embattled news site’s valuation at a bloated $60 million. The deal would require founder and chief … Read more
News site The Messenger on Wednesday dismissed a report that the money-bleeding startup would shut down by the end of the month as “beyond absurd.” Board members met last Friday and weighed closing Jimmy Finkelstein’s embattled company — which just launched last May — after learning that it is “on track to run out of … Read more
