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News Outlet Splinter Shutting Down

HeadlineOct 11, 2019

The left-leaning online news outlet Splinter has been shut down, with multiple staffers saying they’ve been fired. Former Splinter employees are lambasting the site’s hedge fund owner — private equity firm Great Hill Partners — for the closure. In a Vice article titled “Private Equity Vultures Killed Splinter. Your Company Could Be Next,” former Gawker writer Brendan O’Connor wrote, “Great Hill didn’t care about making Splinter, a good website, even better; that would have required time and money. Like all private equity firms, Great Hill’s only concern is extracting value.”

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