‘We’re certainly not out of money,’ says Bay Citizen editor

paidContent.org
Bay Citizen has raised $9.5 million on top of the $5 million in seed money from philanthropist Warren Hellman, says editor-in-chief Jonathan Weber. He tells Staci Kramer that the nonprofit news site’s $4 million in first-year spending covers 26 full-time staffers, news gathering expenses, site development, fundraising costs and more. || Earlier: Bay Citizen hits the streets to raise money.

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