By: Mark Glennon*
Our readership numbers continue to set new records and we’re sure grateful for your support. It’s especially nice to see the appetite for what we think are the stories truly important to Illinois’ economy and government. Special thanks to other publications that have quoted or reprinted us, including the Wall Street Journal, New York Times, Zerohedge and others.
I’ll be making Wirepoints a full time career now instead of just the hobby it has been over the last few years. To do that, I’ve been winding down my consulting practice and dropped off my position as co-chair of the Innovate Illinois Advisory Council. I also intend to drop any further volunteer activities for political campaigns. That’s all because I want to avoid any personal bias. Like I wrote here from the start, I’m not here to make any friends, and I want to keep it that way.
We’ll definitely be expanding, though we’re still finalizing an exact plan. Initially, you’ll probably see some experiments with additional content and, later, coverage of topics outside of Illinois. We’ll continue our emphasis, however, on the intersection between the economy and government, focusing on policies and facts instead of politics and spin. We won’t be cutting back on our Illinois coverage.
I’m very interested in your suggestions for our expansion and any other ideas. Please email me if you have any at the email address linked here. We have many very well-informed readers and commenters here, and your opinions mean a lot.
This has been a do-gooder project so far, but I’ll be tackling the universal challenge of finding a revenue model that works for this kind of publication. I’d like to make at least some scratch out of it myself and, more importantly, I intend to hire a top notch paid staff and grow our reach — bigly. To do that, I’ll put more of my own resources in but probably bring in outside investors.
One thing clear from my experience here is how badly many mainstream publications have destroyed their own credibility. Too many have fallen into a basket of discretiteds and most of you know it. But they’re not all bad all the time. I’m proud to be playing even a small role in a solution: We find the best and most significant articles and do what we can to compliment or criticize them when needed.
*Mark Glennon is founder of Wirepoints. Opinions expressed are his own.