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January 2008

January 29, 2008

Quick Notice about the NYT Situation

Just a quick notice here to set the context for something that has been getting a little press. Because of my longstanding interest in, and experience with, internet and new media companies, I was approached by a group of stockholders of the New York Times Company to see if I would agree to become a nominee, on their behalf, for the Board of Directors of the NYT - and I've agreed. Here's a link to an explanatory letter that we filed with the SEC that gives an overview of our position.  In this brave new world of "new media", it's not clear how the existing regulations on communications in this type of situation apply, so I'll play it conservatively in terms of posts during the process.

I also want to mention that this is something that I'm doing in my individual capacity, not as a Managing Director of Mayfield Fund. Mayfield Fund is not affiliated in any way with our effort.

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