Brijit

It seems like just yesterday—well, late October, anyway—Brijit.com, the website that read and summarized magazines, was launched. At the time, The Washington Post's Frank Ahrens profiled Brijit's founder, Jeremy Brosowsky, and wrote, "[T]he Internet is littered with good ideas that turn out to be bad businesses, and online publishing can be especially tricky: Do you go mass-market or niche? Subscription-based, or free and ad-supported? Original content or aggregation of other content?"

Yesterday, the site ceased publishing new content. In a farewell post on his own site, Brosowsky wrote, "Unfortunately, despite our best efforts, we’ve run out of money, and can no longer afford to pursue our vision of adapting great long-form content for a short-form world, at least not as a stand-alone company. As recently as yesterday morning, we thought we had the funding in place to continue our work together. But as it turns out, we don’t."  read more »