The Messenger fighting to avoid shutdown as CEO scrambles to secure funding: sources

January 31, 2024

Embattled news startup The Messenger is fighting for its life as co-founder and CEO Jimmy Finkelstein scrambles to secure funding this week to keep it afloat. Bracing for the worst, employees are expected to learn their fate in the next 48 hours, according to insiders with knowledge. 4 Jimmy Finkelstein is scrambling to secure financing for his beleaguered website, The Messenger. Earlier this month, The Messenger shot down reports that it was considering shutting down over cash shortfalls. The documents disclosed that the site took in $2 million in direct ads and $1.8 million in programmatic advertising last year.