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The Capital Trap for News Product Startups

I have learned to be skeptical towards the role of private capital in systemically important tool providers for journalism organizations. Capital’s requirements for growth and margin expansion can be uniquely bad for journalism tools, and even more so for the systems we rely on to manage audience data. To be clear, I don’t have a…

July 13, 2026

A News Product Perspective on Two Hundred Fifty Years of Independence

The day we celebrate as the birthday of the United States is, strictly speaking, the day in 1776 that Congress adopted the wording of the Declaration of Independence and sent it to print. Congress had voted for independence two days earlier, on July 2nd — the date John Adams assumed we would mark. With the…

July 4, 2026

A Short History of Paying for News: Why We’re Building Allegro Audience

The commerce layer has always been core to publishers and must be treated as a first-class part of the technology ecosystem. News organizations have been charging for regular access to the news for hundreds of years.

July 1, 2026

Allegro Audience: An open customer data toolkit for publishers

Alley is launching a new toolkit called Allegro Audience in public alpha. Allegro Audience is a customer journey, identity, authentication, payments, and data platform. We’ve been in production with our pilot partner, LAist, for several months now, and we’re about to go live with our second partner. We already support payments, gating, dynamic calls to…

June 17, 2026

Why Doesn’t Bloomberg Put Money Stuff Behind the Paywall?

One of the best and most popular email newsletters I read is Matt Levine’s Money Stuff. It’s a must-read for folks in lots of finance and finance-adjacent circles, and stylistically one of a kind. Bloomberg, Levine’s employer, is a business, and a pretty good one at that. So why don’t they put his terrific content…

November 7, 2025

Spotlight, But Only News Technology

Spotlight is one of my single favorite movies ever, and I’ve probably seen it a dozen times. I use parts of it to discuss various aspects of the the news business when I’m talking with folks in journalism, because we’ve almost all seen it, and if you haven’t — drop everything! On the flight home from…

October 29, 2025