Retail trading platform Robinhood is launching an independent media brand called Sherwood led by veteran tech editor Joshua Topolsky, reports Sara Fischer of Axios.
Fischer writes, “Robinhood will support the creation of the outlet to start, but Topolsky plans to create commercial opportunities for the editorial products he’s building.
- The outlet will become the new home to Snacks, which boasts tens of millions of email subscribers, and other new products that will cover the culture of money and related topics, such as cryptocurrency, technology and geopolitics, Topolsky said.
- To start, Sherwood will focus on original reporting and analysis across newsletters, social media, its own website and events. It plans to later explore other types of media, including video and podcasts.
“‘It’s a significant, long-term investment,’ Topolsky said when asked about Robinhood’s commitment to the new outlet. There are ‘a lot of resources being dedicated to this project.'”
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