Tech site Pando sold; Editor and founder Lacy departs
Tech news site Pando has been sold, and editor and founder Sarah Lacy is leaving journalism.
Lacy writes, “This is my last post as editor in chief and CEO. Paul Carr and I have sold Pando to a brand new owner. And for the first time in my career, I am no longer a journalist.
“I have so much to say about the sale, which is to BuySellAds – a company we started working with at Pando back in 2012. I want to tell you why I’m so excited about this deal. I want to tell you why I’m so proud of Pando’s legacy, and the dozens of fearless journalists who helped us build this brand. I want to talk about what I plan on doing for the rest of my career.
“But mostly, I want to explain to Pando readers why I’m leaving journalism.
“As I watched colleagues peel off for other easier more lucrative careers over the decades, I thought I was the one who’d be a lifer. But I realized in the last few years that I’ve become like those jaded journalists a generation before me who could no longer see the Valley through fresh eyes.”
Read more here.