Despite a History of Dismal Failures, Hyperlocal News Continues to Attract Believers

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By: Mathew Ingram | Gigaom

Hyper-local news doesn’t exactly have a great track record — at least, not as a business. There’s a litany of failed attempts that stretches back at least a decade, including ventures like Backfence and more recent flame-outs like AOL’s Patch, which chewed through almost half a billion dollars.

But that hasn’t stopped entrepreneurs from trying to make it work. Among the latest efforts are a bevy of Brooklyn-based blogs and a new project from Jim Brady, a former Washington Post digital executive who knows a thing or two about failure.

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