San Francisco Standard acquires Charter media company

Big news: @sfstandard has acquired @LessinMedia portfolio company @charterworks and the great @delaney will be leading the publication at this awesome time!! Couldn't be more excited for all involved. www.nytimes.com/2025/06/30/business/media/michael-moritz-san-francisco-standard-charter.html

Michael Moritz, the Sequoia VC who made his fortune from Google and PayPal, is now betting on *local news* via The San Francisco Standard - nyti.ms/4ny17Gk pic.x.com/7fkq2r8X1F

scoop: @charterworks, the media startup co-founded by WSJ alum @delaney, has sold to @sfstandard. Behind the deal is Michael Moritz, the SF billionaire who placed early bets on Google and PayPal and is now investing in news. www.nytimes.com/2025/06/30/business/media/michael-moritz-san-francisco-standard-charter.html

A bet on news or just out of frustration? “he “couldn’t find out what was happening in San Francisco” anymore because of “the erosion of all the local news outlets.”” www.nytimes.com/2025/06/30/business/media/michael-moritz-san-francisco-standard-charter.html?smid=nytcore-ios-share&referringSource=articleShare