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FactorDaily's Pankaj Mishra on pivoting to non-profit, and throwing out the media playbook
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Five years in, FactorDaily pivoted to a non-profit entity this year. Its cofounder Pankaj Mishra figured the change would allow him the freedom to stay closer to mission: "To make sense of technology’s impact on the society around us."
"No ads. No paywalls. No venture capital funding," Pankaj proclaims on the website. That means some hard decisions on building new business models in an incredibly tough space.
One more thing: Pankaj has also demolished the traditional news cycle. He and his team will only publish when there's a story.
FactorDaily is the anti-media, and that's why we love it.
Read more about their plans.
https://factordaily.com/factordaily-again/
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