Nov 14, 2018

The Correspondent launches U.S. crowdfunding effort to "unbreak" news

Photo courtest of The Correspondent

The Correspondent, the English version of the Dutch journalism platform, De Correspondent, is launching a campaign to raise $2.5 million to fund in-depth journalism that's driven by feedback from readers.

The bigger picture: If it meets its fundraising goal by December 14th, The Correspondent will launch a website next year that's focused on in-depth coverage of complex topics, not breaking news.

Why it matters: The Correspondent aims to be overly transparent in the way it covers these topics, and has encouraged its writers to share ideas with readers and ask for their help with sourcing when necessary, particularly if readers have expertise on the subject.

“One hundred nurses and patients know more about healthcare than a single health reporter ... And 100 teachers and students know more about education than one education journalist. The Correspondent will work together with our members to ensure we report with true insight on the issues that matter most.”
— Rob Wijnberg, Founder

How it works: If The Correspondent raises $2.5 million in a month, it will launch a site in the U.S. that will mimic De Correspondent. If it doesn't, it will start over.

  • De Correspondent was able to grow its site based off of a similar strategy. It raised $1.7 million from 19,000 founding members in 2013 and has since grown its member base to over 60,000.

Between the lines: The Correspondent's mission to "unbreak the news" and focus on in-depth reporting has received public support from dozens of media and entertainment experts and activists, including FiveThirtyEight founder ​Nate Silver​​ and activist ​DeRay Mckesson.

Go deeper

Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

Bernie Sanders rallies in Las Vegas, Nevada on Feb. 21. Photo: Mario Tama/Getty Images

Center-left think tank Third Way urgently called on the Democratic front-runners of the 2020 presidential election to challenge Sen. Bernie Sanders on the South Carolina debate stage on Feb. 25, in a memo provided to Axios' Mike Allen on Saturday.

What they're saying: "At the Las Vegas debate ... you declined to really challenge Senator Sanders. If you repeat this strategy at the South Carolina debate this week, you could hand the nomination to Sanders, likely dooming the Democratic Party — and the nation — to Trump and sweeping down-ballot Republican victories in November."

Situational awareness

Warren Buffett. Photo: Daniel Zuchnik/WireImage

Catch up on today's biggest news:

  1. Warren Buffett releases annual letter, reassures investors about future of Berkshire Hathaway
  2. Greyhound bars immigration sweeps
  3. U.S. military officially stops offensive operations in Afghanistan
  4. America's future looks a lot like Nevada
  5. FDA approves new cholesterol prescription

America's future looks a lot like Nevada

Illustration: Sarah Grillo/Axios

Today's Nevada caucus will foreshadow the future of American politics well beyond 2020.

Why it matters: The U.S. is in the midst of a demographic transformation, and the country's future looks a lot like Nevada's present. Today's results, in addition to shaping the 2020 race, will help tell us where politics is headed in a rapidly changing country.