Laurene Powell Jobs heads up the Emerson Collective, which has invested in several news publications.
Laurene Powell Jobs is worried.
As one of the world’s richest women, worth an estimated $19 billion, she’s 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 Atlantic, Pop-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 late Friday