Media is a shit business. Niche media isn't. Niche media is hugely successful, but it's not fast scale and that makes our "celebrate fundraising" culture sad.https://twitter.com/theSamParr/status/1220787989342670848 …
-
I agree about the profit for sure. I just think the time from getting started to really starting to hit a groove is a bit longer than with DTC and SaaS. Once you hit that groove, niche media can use its earnings to fund expansion. Like you guys are doing.
totally. But look at some of the biggest SaaS companies. Can take 10-15 years to hit $100m in revenue! But the multiples for them are huge.
