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INSIDE MEDIUM'S MELTDOWN: How an idealistic Silicon Valley founder raised $134 million to change journalism, then crashed into reality

INSIDE MEDIUM'S MELTDOWN: How an idealistic Silicon Valley founder raised $134 million to change journalism, then crashed into reality | Public Relations & Social Marketing Insight | Scoop.it
From www.businessinsider.com - February 11, 2017 6:04 PM

Four days into 2017, Medium's employees came to work and were told that one-third of them, 50 people, were fired.

They were shocked. Their adored boss, billionaire CEO Ev Williams, best known as the cofounder of Twitter, seemed to care so deeply for each of them.

But he told the world about the layoff in a blog post even before all the people who lost their jobs were informed, a former employee tells Business Insider.

Some of them found out through industry buzz that they had lost their jobs, one person told us....

Jeff Domansky's insight:

Here's the story about how Medium went from high to low.

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With the Matter reboot, has Medium actually pulled off what Pierre Omidyar only promised?

With the Matter reboot, has Medium actually pulled off what Pierre Omidyar only promised? | Public Relations & Social Marketing Insight | Scoop.it
From pando.com - October 16, 2014 1:01 AM

Investors and advisors in Medium who I've spoken with say one thing has consistently surprised them about the company: That famed founder Evan Williams is not "religious" about anything.


...Today, though, a bombshell of a piece arrived in my inbox. Written by Sarah A. Topol, “If we run and they kill us, so be it. But we have to run now” is an exclusive, in-depth profile of the Nigerian school girls who escaped Boko Haram. I say without any hyperbole that it’s one of the best pieces of international reporting that I’ve ever read. Up there in style, power, and reporting with Philip Gourevitch’s “We Wish to Inform You that Tomorrow We Will Be Killed With Our Families.”


Williams deserves serious kudos for assembling a team that’s able to produce work like this. I hope more is coming. I’ve long had doubts about Medium– or anyone’s– ability to run a platform and real, groundbreaking editorial. If this is where Medium is going, I’m happy to be proven wrong.

Jeff Domansky's insight:

Medium's Matter journalism blog is going large as it stakes a position as the social media go to place for quality writing and ideas.

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