Laurene Powell Jobs invests in journalism because she’s worried about democracy

From CNET

Laurene Powell Jobs

Laurene Powell Jobs heads up the Emerson Collective, which has invested in several news publications.


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Laurene Powell Jobs is worried.

As one of the world’s richest women, worth an estimated $19 billion, she has been investing in journalism through her efforts at the Emerson Collective. The organization, which has been described as equal parts think tank, foundation and venture capital fund, acquired a majority stake in The AtlanticPop-Up Magazine and Axios. Powell Jobs said she’s willing to invest more. 

What’s driving her interest is the ongoing collapse of the news industry, she said in an interview with Recode’s Kara Swisher at the Lesbians Who Tech conference in San Francisco late Friday. That and the attacks on it from people like President Donald…

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