Comment by carapace

Well, arguably the Bay Citizen didn't fail, they merged with CIR, which is a decent exit IMO. They didn't run out of money, their patron died.

I don't really know, but presumably a bazillionaire would set up a trust that then generates the funds to pay for the project from stable investments (or whatever, I really have no idea.) It's not a business model but it would be sustainable.

I figure failure would be if they folded due to lack of reader interest, but I don't think that was the case.

(I only heard of them because I interviewed there once, and I only remember the interview because it was the first time I encountered fizzbuzz. I thought they were putting me on, the interviewer had to convince me they were serious. Anyway, they seemed like they had their act together, although they passed on hiring me, which is a warning sign. ;P Maybe I'm too arrogant and full of myself?)