Seven years after three veteran journalists launched independent news site Berkeleyside, we are embarking on an exciting new step in our development. In a pioneering move, we are inviting our readers to become shareholders in Berkeleyside through a direct public offering.
Our goal is to raise $800,000 to invest in Berkeleyside so we can build on and improve how we serve Berkeley and the East Bay. The funds will enable us to hire a second full-time reporter, invest in more in-depth journalism, redesign Berkeleyside to be a responsive, mobile-friendly site, and expand our sales and marketing efforts. We want to deliver more 24/7, award-winning journalism, provide a dynamic community forum, and bring people together at world-class events. In just a few weeks, and before a formal announcement, we have already raised more than $160,000. Your investment will allow Berkeleyside to grow and thrive long term.
Learn more about Berkeleyside and its direct public offering at Invest.Berkeleyside.com.
There are benefits and perks to being a founding investor in Berkeleyside, as well as the satisfaction of being part of a solution to help save journalism at a local level and to keep the powerful accountable — here in a city that has always prided itself on launching pioneering movements.
We believe Berkeleyside is the first news business in the country to make a direct public offering, and we are excited that the model could become a highly visible, national template for independent, local news sites.
Read an article about Berkeleyside’s direct public offering by Nieman Lab, part of the Nieman Foundation for Journalism at Harvard.
Learn more about how a direct public offering works and sign up to become a founding investor at Invest.Berkeleyside.com. Or contact us directly at invest@berkeleyside.com or tel: 510-671 0380.
