Founding partner, Matter.
• Shapiro is tapping into a broader trend in backing media-focused tech startups—Bonnier and Hearst, for example, have similar incubation goals in mind
• Matter. is backed by the Knight Foundation and KQED, each contributing $1.25 million. Public Radio Exchange, where Shapiro is CEO, acts as an advisor.
• Media entrepreneurs who make the bootcamp-style program are given $50,000 and five months of development time.