The $100 million wall: Digital media’s scale struggles

by Lucia Moses
Earlier this month, Genius, which started as a rap annotation platform, decided that now it would become a video-focused company. It’s a familiar story: A VC-backed company turns to what it hopes will be a lucrative revenue stream in a dash to satisfy growth-hungry investors. There’s been a flood of venture capital into media — an estimated $15.Read the full article