NSFWCorp CEO Paul Carr needs to raise money, and fast.
As I’ve said before, if we were a bullshit app with the kind of press we’ve enjoyed and as many paying customers as we have, we’d be drowning in investors. But we’re a “content company” which no Silicon Valley VC will touch with a barge pole.
A change in securities law that went into effect Monday “establishes a mechanism for ordinary people to make small investments in small companies,” Robb Mandelbaum writes. But the change may come too late for Carr’s online/print hybrid publication, he writes.
And it’s for that reason that companies outside the valley, generally, and media companies like ours, specifically, have the most to gain from today’s change in the law. Finally we can do what we do best: tell our story, loudly and clearly, to an audience who are already predisposed to hearing it.
The only question, for NSFWCORP at least, is whether that audience has enough time to act.
Related: Journalism’s Least Safe and Most Intriguing Site: NSFWCorp.com (The Daily Beast)