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The Tyee is an online news organization that covers public-interest news and culture in British Columbia.
The site was launched in 2003 by David Beers, a former Vancouver Sun journalist. It received $190,000 in initial funding from the British Columbia Federation of Labor and a labor-affiliated capital fund.
The Tyee is structured as a for-profit organization, though it is not intended to make any money. It operates on about $500,000 to $600,000 per year, which is funded by a mixture of equity sales, advertising, grants, events and donations.
The Tyee solicits donations for large-scale projects through the nonprofit Tyee Fellowship Fund, which brings in freelance reporters for investigative projects. It also directly asked its readers for donations in 2009, raising $25,000 and again in 2013, raising more than $60,000. The site also runs staff-taught adult education classes.
The site is staffed by six full-time employees and 20 regular freelance contributors.
A 2009 interview with Beers on donations from readers:
Mashable is a blog that covers social media news and analysis. The blog was founded in 2005 by Pete Cashmore, who was 19 at the time. Cashmore said in 2008 that Mashable had been profitable since its inception without the need for venture funding. Mashable first took on outside funding when it raised $13.3 million…