NY Times leads investment in Daylife

Posted by Cory Bergman on November 1, 2006

PaidContent scoops that the New York Times Company is putting up nearly half of the amount of first round investment for Daylife, arguably the most hyped citizen journalism startup ever. You may remember that Jeff Jarvis has spoken vaguely of his participation in the startup, and Craig Newmark (Craigslist) is an investor along with Dave Winer, Mike Arrington and many more. In a nutshell, Daylife is a citizen journalism site that organizes content by relevancy, distributes it and shares revenue with contributors. PaidContent has a few more details, but not many, as it’s still very hush hush. Daylife is slated for an internal, soft launch on Monday.

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