Hedge fund to profit from 'market-moving' scoops
By running its own publication and newsroom and employing its own journalists, Hunterbrook Capital wants to get the stories first, then place market bets.
Two investors want to re-invent news. And it’s the worst journalism idea I’ve heard in a long time.
Nathaniel Brooks Horwitz and Sam Koppelman — both 27 years old — are creating a newsroom that will be monetized by investments based on “scoops” produced by the newsroom, according to exclusive reporting by the Financial Times.
In other words, their inves…
