“Money and venture capital” is an easy to swallow pill that helps satiate the desire for a bad guy, but it ignores the fact that there is no mechanism by which an upstanding journalist can put food on the table.

There was a brief period where information was difficult to copy and distribute without exposing one’s self to liability for copyright infringement, and the barrier to access that information was high enough such that you could convince people to pay you. Neither of those dynamics apply today.