Feb 27
CINCINNATI – The days of reading your local newspaper free online may soone to an end.
The Cincinnati Enquirer’s parentpany, Gannett, has just announced a plan to start charging for online content later this year.
Thepany says it plans to build so-called “paywalls” around the websites of all 80 of its local newspapers around the US to boost revenues.
How it will Work
Gannett said it has not finalized the fees, but says it would be similar to a paywall set up last year by the New York Times.
Thepany says it anticipates that readers would get to read each paper’s homepage for free, as well as classified ads, and would also be able to access between five and 15 articles a month without subscribing.
With the New York Times, you must be a paid online subscriber after you read 20 free articles each month.
Read more…
Tags: Charging, Cincinnati Enquirer
Feb 25
Menlo Ventures’ newest managing director, Shervin Pishevar, is getting off to a fast start.
The serial entrepreneur turned Internet VC announced that his firm has formed a new early stage investment vehicle, the Menlo Talent Fund, which will fund rounds up to $250,000 in promising startups. As part of the effort, Pishevar told attendees at San Francisco’s TechCrunch Disrupt conference this week, the firm will be forming a “Jedi Council of incredible entrepreneurs,” known as the Menlo Founders Council, to work with startups.
The $20 million fund is all about quick action. Menlo said it will make investment decisions on startups within 72 hours. However, Menlo partners will not take board seats on any companies funded by Menlo Talent Fund.
The fund was financed last October with the closing of Menlo Ventures XI. It has already invested in eight companies, including: The Backplane, CakeHealth, Comprehend, LeanLaunchLab, Parse and Tracksby.
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Tags: Firm Form, Form
Feb 23
Vote or see the results for best / worst credit card issuer
If youre like most people, you probably have a strong opinion about
your credit card company. Let your voice be heard! Every year we ask visitors to share their opinions about the best and worst credit card issuers. If you have experience dealing with any bank or financial institution, please vote in our poll and leave your comments below. Or, just view the results and see what other visitors had to say:
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Tags: Card, Credit Card, Worst Credit, Worst Credit Card
Feb 22
Cheryl Fatnassi is the president and CEO of Opportunities Credit Union, one of the most successful Community Development Credit Unions in the nation.
Based in Winooski, Vermont, Opportunities Credit Union was named the most prolific real estate lender among all credit unions in its asset category (< $50 million) in September 2011. A large part of their lending success can be attributed to their programs working with multilingual financial literacy, credit building and debt counseling programs for Vermont’s diverse population. As a community development credit union, Opportunities is committed to serving low-income, underserved and rural populations. Cheryl graciously took time out of her busy schedule to speak with NerdWallet about Opportunities’ unique programs.
NerdWallet: How would you describe the population served by Opportunities?
Cheryl: A large percentage of Vermont’s residents are low-income and unbanked.
Read more…
Tags: Cheryl Fatnassi, Fatnassi
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