From Journalism Enterprise,
Journalism Enterprise.com reviews websites that are attempting to make money from journalism in the new media age. That may be a mainstream organisation launching a new media spin-off, an internet startup looking to make millions, a non-profit news venture, or an entrepreneur setting up a solo project.
Media startups have long come off of campus as students are often the first to pick up on lifestyle trends. Mental Floss Magazine is one that recently came out of Duke University. Though it did not start online to the best of my knowledge.