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A comment on DNAinfo and Gothamist Are Shutting Down. Parent comment

Re:DNAinfo and Gothamist Are Shutting Down by anigbrowl on Friday November 03, 2017 @08:43PM (#15623205)
Profit, startup capital, and cash flow are quite different things. I don't believe that Joey Rickett's decision was a coincidence motivated by pure fiscal math either.
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Re:DNAinfo and Gothamist Are Shutting Down by manigandham on Saturday November 04, 2017 @10:34PM (#15627899)
If it was profitable, others can do it themselves. Plenty of bank loans available.

If it wasn't profitable, then the owner was essentially donating money until now and this whole thing would've ended even sooner under other conditions.

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