Knewsroom’s got a new secret sauce for social news

ReadWriteWeb posted a critique of Knewsroom, a site that proposes to let users invest by proposing stories they find topical — and pay out if they’re newsworthy. Neat. But probably a bit slow:

In the end, it’s the site’s slogan that sets it up for failure…

The best news isn’t up to the minute — it’s up to you.

The problem is, a lot of incredibly important news is up to the minute and if I can’t get it on Knewsroom, I will go somewhere else where I can.