Mic Faces an Uncertain Future in a Post-Facebook World


June 2015 was an ebullient time for Mic.com. The company closed a $17 million funding round. The news site for millennials was chasing hard-hitting stories about the racially fraught police shooting in Ferguson, Mo., and sexism in gaming. To celebrate its list of 50 young trailblazers, Mic threw a Grey Goose-sponsored party at Marquee, a swanky nightclub in New York City’s Chelsea neighborhood decked out with red leather sofas and LED screens.

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