4min chapter

My First Million cover image

AI Santa and Four Other Simple Business Ideas (+ Vice Goes Bankrupt!)

My First Million

CHAPTER

Vice: A Media Guy's Takeaway

Vice is going bankrupt now, but they still make 600 million a year in revenue But it's just like wildly unprofitable. They got famous because they only had like 20 or 30 million monthly visits to their website vice.com Which isn't a ton that's not a ton for hundreds of millions in revenue What they did was they did uh, they partnered with omg facts.com Distractified.com and all these other clickbait websites and they would roll that up. The whole company is basically a creative agency So they would make content for snapchat Facebook and then eventually hbo and they would get paid like a service fee basically for it. That's how they made money

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