NowFunded: NowPublic
Congratulations to We Media alums Merrill Brown and Michael Tippet, who now get to figure out how to spend $10.6 million of funding for NowPublic, a "crowd powered" news service that has partnered with The Associated Press and that does not want to follow in the footsteps of failed citizen journalism predecessors Bayosphere and Backfence. CEO Len Brody tells Gigaom: "If you go to NowPublic, you will never ever see the term citizen journalism mentioned." He also likes hyperpersonal (like Facebook) over hyperlocal (like Backfence). PaidContent says: "Count the red flags."
See: paidContent and Gigaom.
