“Craigslist has been cited as a near-perfect example of the kind of disruption that Christensen identified: Take a lucrative, long-established product line (in this case, newspaper classifieds) with a ...

“Newmark is also willing to acknowledge — at least in broad strokes — what hasn’t worked. He now views journalism as a secondary focus after some grants fizzled. ‘A lot of my efforts haven’t been as ...