Ms. Lessin says they were not friends when she wrote the article.) Ms. Lessin, in turn, was beginning to chafe at how newsrooms were covering tech — from a cool remove, she thought, never going deep. Ms. Lessin said she thought: Couldn’t you do both? Starting with ‘less than $1 million’Valley underminers like to snipe that Ms. Lessin never had to persuade investors to back her plan. Ms. Lessin said she tapped her own bank account, using “less than $1 million,” to start The Information, and continues to own and control it wholly.

Source: New York Times February 07, 2020 19:20 UTC