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We sold a majority stake for $75 million. The newsletter cost us essentially nothing to start. That's the best ROI I'll ever see.
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The referral program built Morning Brew. We gave people a reason to share — real rewards for real growth.
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You don't need venture capital to build a media company. You need a good product and a distribution strategy.
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We started Morning Brew because the Wall Street Journal was too boring for our generation. Turns out millions of people agreed.
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Email is the most undervalued platform in media. You own the relationship. No algorithm can take your audience away.