Texas Monthly Editor Will Head Nonprofit Political-News Site
July 22, 2009 | Read Time: 1 minute
The editor of a respected Texas investigative journal is teaming with an Austin venture capitalist to start a nonprofit Web site covering government and politics in the state, The New York Times Media Decoder blog reports.
Evan Smith, who twice led Texas Monthly to National Magazine Awards for general excellence during his eight-year tenure as editor, will take the reins at Texas Tribune, where he promises coverage of “deep-dive policy stuff.”
John Thornton, a general partner in the firm Austin Ventures, said he has raised $2.2-million and put $1-million of his own money into the project, giving the Texas Tribune a significantly bigger start-up fund than similar news ventures in Chicago, San Diego, St. Louis, and Minneapolis-St. Paul.
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