Media
News startup The 51st raises more than half its $250,000 goal through crowdfunding
Washington, D.C., news startup, The 51st, raised $141,934, 56% of its $250,000 goal, through a GiveButter page. On the launch day, July 16, it generated $25,000 by 9:25 a.m, reports PublishersDaily.
Devoted to hyper-local coverage, the product would fill in the gap left when the DCist was shut down by NPR affiliate WAMU earlier this year, continues PublishersDaily.
The page notes, however, that The 51st “needs $250,000 to cover the basic costs of launching a news organization: paying our writers and editors and setting up the infrastructure for our newsletter, website, and community events.”
Photo by Henry Kan shows The 51st staff
More here.
