In this issue we discuss:
🥇 Newsletter First
Sam Parr who founded The Hustle in 2015 (and sold to Hubspot 2021 in a deal Axios valued at $27M) posted earlier this week that he was discouraged from starting a newsletter:
A CEO of a large media company said that it would barely make $2M a year.
Fast forward to 2023, and Sam states that:
There are a few newsletter first media companies started around that same time (2014) that are doing now doing $50-$100m!
Reminder: no one knows anything!
✅ The Tilt Gets Acquired
The community for content creators turned entrepreneurs The Tilt just got acquired by the online self-publishing book company Lulu, as founder Joe Pulizzi announced:
The Tilt started in 2021, grew its newsletter to 25K subs and launched the annual Creator Economy Expo (CEX) which became the conference to celebrate content entrepreneurs.
Duuce is the #1 marketplace for buying & selling newsletters. See what your newsletter is worth with their free valuation calculator. Check it out
Sponsorships(.com) Newsletter Agency helps newsletter operators earn more revenue through sponsorships with top brands. Check it out
The Newsletter Is The Business is everything we know about launching, scaling and selling editorial newsletter businesses. Check it out
Disclaimer: Not financial or business advice. This newsletter is strictly for information and education purposes. There are no affiliate links in this issue.