Boston Globe decided against investing in Monster.com in the 1990s
Monster.com founder Jeff Taylor once proposed that the Globe put up $1 million for an ownership stake that would give the paper a chance to put its lucrative classified advertising business online. Steve Taylor, who was executive vice president of the Globe during those discussions, tells Robert Weisman: "I'm sorry to tell you that's an absolutely true story."
> Globe hit by a "tragic confluence of very, very bad luck"
> It's time for the Globe to open its books to the guild
> Boston is in a near state of shock over closure threat
> Who or what could replace the Boston Globe?