"Media Empires" | The Business of Newsletters, Podcasts, Creators, and Data Acquisition

Crypto, Events Spaces, and Trust in Media | Jason Yanowitz, Blockworks

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Sep 20, 2023
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INSIGHT

Trust is Media's Core

  • Trust is the most critical element in media and cryptocurrencies.
  • Companies like Coinbase win because people trust them in a bear market.
INSIGHT

Three Buckets of Crypto Media

  • Crypto information divides into soft (podcasts, newsletters) and hard (research, data) buckets.
  • Events act as marketplaces connecting industry participants for a short period.
ADVICE

Raise Money Only With Product

  • Media companies should not raise money until they have a foundational product.
  • Monetize early via sponsorships and ads before scaling with capital.
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