I wanted to share another thought on the Post’s travails. I’m chagrined that a friend had to make the point for me since it’s a point I should know as well as anyone. It’s not like there’s not a ton of money to be made on journalism in DC. The fact that it’s one of the few spaces in the U.S. that has spawned a series of successful media startups over the last fifteen years testifies to that — Politico, Axios, Punchbowl and more. Indeed, it was veterans of the Post who branched off and launched the first two and in many ways ate the Post’s launch before Bezos came into the picture.

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