New York Times closes R&D Ventures

http://www.capitalnewyork.com/article/media/2013/10/8534895/new-york-times-closes-rd-ventures

by netaustin • 13 years ago

19 3 13 years ago

danso• 13 years ago

That's interesting...they just recently launched their "Timespace" startup incubator...which I assume was part of R&D ventures? A year seems pretty short for a venture into venture funding.

Background here: http://pandodaily.com/2013/07/26/inside-timespace-the-new-yo...

edit:

Another link here, to their Early Stage Investments:

http://www.nytco.com/early-stage-investments/

Not sure if it's the same thing as the R&D Ventures group though...in fact, it probably isn't, as the R&D Ventures (from what I can tell) began last summer, and NYT's investments listed above pre-date that.

Also, nearly all of the early-stage-investments are media/information companies, whereas R&D ventures seemed to have a different focus?

obvious7• 13 years ago

The article was not very clear.

R&D ventures was an offshoot of R&D labs which is a seperate vehical entirely from TimeSpace and their early stage investments.

The ventures team was created to monetize the work from R&D. However the group was not able to perform as well as they were expected to. In the end the team cost more than the revenue they produced.

r0h1n• 13 years ago

And just a few days back Arthur Sulzberger was saying if there was one thing he could do differently in the past, it would be to "hire more engineers".

http://www.niemanlab.org/2013/10/the-newsonomics-of-little-d...

New York Times closes R&D Ventures

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