Sports News Startup ‘The Athletic’ Raises $2.1 Million in Seed Funding
Sports news site startup The Athletic believes so strongly in the subscription model that it launched as a subscription-only site with a hard paywall in two markets – Chicago and Toronto. Investors seem to think it is a hot ticket too. They’ve given $2.1 million to The Athletic in its seed funding round, including a $500,000 investment from venture capital firm Courtside Ventures, reports Forbes.
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