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Re:YC 2010 startup needs journalists as early users by greyman on Monday March 01, 2010 @07:33PM (#1160251)
I think you nailed it. Essentially, what they are up to is to automate the content production, because that could make them (not those journalists) rich. Demand Media did it with how-to articles using SEO, now these guys wants to do that with journalism. Much harder task, IMHO. Good luck...
Re:YC 2010 startup needs journalists as early users by stealthyc2010 on Monday March 01, 2010 @11:16PM (#1160589)
The YC motto: make something people want. Journalists do not want to be exploited for pennies, so that is not a product we would be involved in.

I would not be happy getting rich by exploiting others, and newslabs won't be involved in anything like that.