A while back a friend of mine who owns a venture capital firm asked me if the people on the “angel investor” list on the right got some ownership, like in a real business. I told him that no, “investors” was just a term that I used. But after the notes and the support from all of you, I realize that everyone who donates really is a stakeholder and you do have some kind of ownership. The dividends aren’t checks for your bank account, but the creation of something new, a journalism that owes its sole allegiance to the readers.