There are also better uses of startup capital than expensive newspaper notices that aren't benefiting the public as the same information is available on state websites. In the aggregate, millions of dollars are being transferred to newspapers each year through this law.
All that's probably true, but the effort to change a largely inconsequential (my view) law would not be worth the cost (time and effort) that could be more effectively spent elsewhere.
And the fair dealer in me doesn't feel too bad about giving some free revenues to an industry largely gutted by start ups.