Can you make a profit with local data?

Adrian Holovaty and the EveryBlock team are about to find out. Their $1.1 million Knight Foundation grant runs out June 30. They’re going to make the code that runs their local news and data aggregation site free for all, as the grant requires, but Holovaty is casting for ideas on how to make the site a self-sustaining business. “Craigslist is very much a model for us -- technically for-profit, but run like a non-profit,” Holovaty told Knowist.com. Seems the Gawker speculation that Holovaty was Google-bound was untrue.