Alex Lieberman
Americanmediaentrepreneurnewsletter

ALEX LIEBERMAN

Co-founder of Morning Brew, media entrepreneur, angel investor

Netfigo Verdict
on Alex Lieberman

Alex Lieberman co-founded Morning Brew in his college dorm because he thought business news was painfully boring — then sold it to Business Insider for $75 million and proved that being entertaining is worth more than being encyclopedic. The man turned a campus newsletter into the most-read business email in America, and he did it before turning 28.

Net Worth

$50 Million

Nationality

American

Time Horizon

Medium-Term

Risk Appetite

7 / 10

CAREER & BACKGROUND

Alex Lieberman started Morning Brew in 2015 as a University of Michigan student who was tired of reading the Wall Street Journal. He figured if he could write a daily business email that sounded like a smart friend catching you up over coffee, people would actually read it.

He was right. Morning Brew grew to over 4 million subscribers and was acquired by Business Insider (now Insider) in 2020 for a reported $75 million.

After the acquisition, Lieberman stayed on as executive chairman before stepping back to focus on content creation and angel investing. He now runs a popular social media presence with over a million followers across platforms, hosts the Founder's Journal podcast, and makes angel investments in media and consumer startups.

COMPANIES & ROLES

Morning Brew (co-founder, sold for ~$75M), Storyarb (co-founder, content agency), angel investor in 30+ startups

INVESTING STYLE & PHILOSOPHY

Lieberman invests in what he knows best — media, content, and consumer businesses. His angel portfolio is heavy on creator economy startups, newsletters, and brands that understand distribution.

He is not trying to pick the next deep tech unicorn. He bets on founders who understand audience building, because that is the game he won.

THE PLAYBOOK

Risk Approach

Moderate to high. Lieberman took a massive risk starting a company during college instead of going the safe Goldman Sachs route.

But post-exit, his approach is more measured — angel checks are small relative to his net worth, and he keeps a significant base in safer assets. He can afford to swing on risky bets because the Morning Brew exit gave him a permanent financial cushion.

Money Habits

Post-exit, Lieberman lives comfortably but not extravagantly. He has talked about spending on experiences — travel, events, dinners with interesting people — rather than luxury goods.

He reinvests heavily into new ventures and angel deals. Not the type to buy a yacht.

BIGGEST WIN

Building Morning Brew from a campus email to a $75 million acquisition in five years. At its peak, the newsletter was adding thousands of subscribers per day through a referral program that other media companies spent years trying to copy.

The exit made Lieberman a millionaire many times over by age 27.

BIGGEST MISTAKE

Lieberman has been candid about struggling with identity and purpose after selling Morning Brew. He described a period of feeling lost despite being financially set for life — the "what now?" problem that hits founders after a big exit.

He has also talked about early angel investments where he invested based on hype rather than genuine conviction.

FINANCIAL PHILOSOPHY

Distribution is everything. Lieberman believes that the best product in the world means nothing if no one sees it.

He built Morning Brew on the insight that how you deliver information matters more than the information itself. His whole worldview is: own your audience, talk to them like humans, and the business model figures itself out.

FAMILY & PERSONAL LIFE

In a relationship. Lives in New York City.

Very public about his personal struggles with anxiety and identity post-exit.

EDUCATION

University of Michigan (BBA, Ross School of Business).

BOOKS & RESOURCES

The Hard Thing About Hard Things by Ben Horowitz

Zero to One by Peter Thiel, Morning Brew (daily newsletter)

As an Amazon Associate, Netfigo earns from qualifying purchases. Book links above may be affiliate links.

QUOTES (6)

We built Morning Brew on one insight: business news does not have to be boring. That is it. That was the whole strategy.

Distribution is more important than product. The best product nobody sees is worth less than a mediocre product everyone sees.

After selling my company I felt lost for months. Nobody tells you that financial freedom can feel like an identity crisis.

The referral program at Morning Brew did more for our growth than any marketing spend ever could. Word of mouth at scale is unbeatable.

Start something while you are still in school. You will never have less to lose than right now.

The best content does not feel like content. It feels like a smart friend texting you something interesting.

NETFIGO SCORE

Proprietary 5-dimension investor rating

NETFIGO ORIGINAL

Risk Appetite

7
Treasury bondsLeveraged crypto

Contrarian Index

5
Pure consensusExtreme contrarian

Track Record

7
One-hit wonderDecades of wins

Accessibility

9
Billionaires onlyCopy-paste strategy

Time Horizon

Day Trader
Swing
Medium-Term
Long-Term
Generational

Head-to-Head

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