1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize

Published: April 6, 2019, 7 a.m.

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After working inside newspapers for 10+ years, Lloyd started OwnLocal to fix the business of news. With initial seed investment from Y Combinator, OwnLocal has grown to work with 276,000 SMBs through 3,500 newspaper partners all over the world. Today, OwnLocal is profitable and growing with 8-figure revenues.

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