The name of the magazine is "The Robosexual." I'm aiming it to be about the lifestyle of the modern geek. It's a blend of GQ, Seed, Cargo (a great, defunct magazine), Wired, and Smart Money.
It's not going to be your father's traditional magazine, there's a subscriber/user interaction thing that I'm working on that is being a pain in the butt. Once we get that done, we're going to launch the website and that'll lead to the print magazine.
startups only have to deal with 1-2 big competitors, a web only newspaper will have to deal with every single newspaper on the web and with news.Google
If the web newspaper focuses relentlessly on providing the best local news, high value editorial news, and news of a regional interest (sports etc), they are also only competing with one or two big competitors.
The same thing can be said for startups - they have to focus on one thing and do it well.
We haven't actually launched yet, but it'll be really fun once this project takes off.