Lets not forget Zip2, which made Elon Musk a gazillionaire at the expense of newspapers failed dreams. Or lets not forget New Directions for News, the many spin-offs and absorptions of newspaper’s online divisions, failed attempts at being a venture capitalist, and shall I continue? Newspapers had fiber coming into the newsrooms carrying real-time wire-photos from AP. What did they do with them? Sent them to an Autokon.
[From Death Of Print: 5 ways the newspapers botched the Web]
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