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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. Sam Parr  ⚪️‏ @theSamParr Jan 24
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      It's easy to think media is a shit business if you only read about Buzzfeed and Vice. However, there are so many savvy operators out there who've build HUGE companies in the space. A few are:

      7 replies 2 retweets 66 likes
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    2. Sam Parr  ⚪️‏ @theSamParr Jan 24
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      1. Future: British company. Own multiple tech titles. $1b+ market cap, crazy growth: https://en.wikipedia.org/wiki/Future_plc  2. Informa: Also British. Market cap of $10b. Owns dozens of b2b media brands. 3. IndustryDive: Just sold for ~$75m 7 years after founding.

      2 replies 0 retweets 19 likes
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    3. Sam Parr  ⚪️‏ @theSamParr Jan 24
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      There are dozens more. The things I've noticed: -These businesses can last for 50+ years, minting billions in profits over the years. -They can take a long time to make (but can last for decades). -You need people to make them (vs businesses that can get huge with few employees

      1 reply 0 retweets 10 likes
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    4. Sam Parr  ⚪️‏ @theSamParr Jan 24
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      - They tend to be b2b but can also have b2c titles - They're sold for relatively cheap right now (but I think that will change) - They tend to have multiple brands - They can have super-niche audiences What else am I missing?

      2 replies 0 retweets 11 likes
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    5. Randomly London‏ @RandomlyLondon Jan 24
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      Replying to @theSamParr

      How cheap is cheap?

      1 reply 0 retweets 0 likes
    6. Sam Parr  ⚪️‏ @theSamParr Jan 24
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      Replying to @RandomlyLondon

      In some cases, 1x revenue.

      1 reply 0 retweets 1 like
    7. Randomly London‏ @RandomlyLondon Jan 24
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      Replying to @theSamParr

      Wow that is cheap (depending on margins of course). From what I've seen most of these type of niche publications do a terrible job monetising their websites. Anywhere in particular you can find these to buy?

      1 reply 0 retweets 0 likes
      Sam Parr  ⚪️‏ @theSamParr Jan 24
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      Replying to @RandomlyLondon

      For small ones, Quiet Light Brokerage. For huge ones: lots of b2b media companies are constantly selling and buying. Particularly I noticed they are in Britain. Flash and Flames is a great site to read news on those.

      3:10 PM - 24 Jan 2020
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      • Randomly London Chris Lee
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