REPORT

gurmanbhatia

1TYbsVD

Screenshot from The Wire.

The very public spat with Goswami helped raise the profile of The Wire,

which publicly thanked Times Now on Twitter for driving so much traffic to

the Wire that its website crashed. 45

Screenshot from Twitter

As opposed to for-­‐‐profit content-­‐‐based start-­‐‐ups like the Quint or technology-­‐based

aggregators like Inshorts, The Wire aims to develop into an

independent not-­‐‐for-­‐‐profit digital platform. The site is not looking for venture

capital funding or commercial investments. Instead, the founders want to

develop a model based on grants and donations. Bhatia says that people have

come forward and donated money and all money will be transparently spent.

He adds that The Wire does not have a set business plan at this stage but

underlines that it does not intend to develop into a for-­‐‐profit venture. At the

moment the site and its founders are looking at developing its funding model

over the next two to three years.

45

http://www.scoopwhoop.com/Arnab-­‐‐Goswami-­‐‐Vs-­‐‐Siddharth-­‐‐Varadarajan-­‐‐Timeline-­‐‐Of-­‐‐Times-­‐‐Now-­‐‐And-­‐‐The-­‐‐

Wire-­‐‐FaceOff

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