OLD Media Moves

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.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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