Wow, interesting assumptions, but I fear you're putting too much drama into it.
Before they put out their first issue, they tried desperately to get ad sales. Most of the companies said "No, you'll never last." And then they couldn't last because they couldn't get ads, kind of a catch-22.
They dumped a bunch of their own money into it and moved back in with parents to get the first issue out. Not sure what happened after that.
But it wasn't because they didn't love cycling. I know both folks involved, and they tried *because* they loved cycling. I was bummed it didn't get the foothold it needed and make them both fabulously successful.
-- gnat!
Windsor: 2010 S-Works Ruby
Pantysgawn: 2011 S-Works Stumpjumper 29er
Whiz!: 2013 S-Works Crux (Singlespeed)
Boucheron: 2009 S-Works Tricross
Haloumi: 2013 Tern P7i
Kraft: 2009 Singlecross
Gouda: 2005 Electra Betty
Roquefort: 1974 Stella SX-73