New York Times associate editor Sam Dolnick and assistant masthead editor Clifford Levy talk with Recode's Edmund Lee about how the 164-year-old newspaper is modernizing for the web. Levy reflects on the now-defunct NYT Now mobile app, which showed the Times's staff the value of collaboration among departments. The paper must learn to experiment and sometimes fail, the editors say, much like a tech company in Silicon Valley. Dolnick, one of the potential heirs to the paper as a member of the Ochs-Sulzberger family which owns it, shares the behind-the-scenes story of the NYT's first foray into virtual reality last year.