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We’re Broke: The Economics of

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We’re Broke: The Economics of a Web Community: Kuro5hin, the uber-intellectual tech community site, is going through the survival pangs. So the founder Rusty Foster (don’t ever mention my name to him–he hates me!) is now asking his legion of followers to help save the site. “Many people are under the mistaken impression that the business of media is collecting information or creating entertainment and selling it to the public…Advertising is not a means of supporting media. Media is an excuse for presenting advertising.” A reasoned analysis of why they need money to exist…almost an “NPRish” plea. Wired News also reports on Rusty’s efforts at raising money so far.