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

Austin Petersmith on Navigating the B2B Media Idea Maze Across Audio, Newsletters, and AI

Jun 18, 2024
Entrepreneur and investor Austin Petersmith discusses growing Inside's newsletter business, user-generated content, niche social networks, and challenges in podcasting. They explore monetization strategies, editorial approaches, and the rise of niche media. Also, they touch on innovative SaaS models, private equity in podcasting, and investing in early-stage B2B startups.
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ANECDOTE

From Journalism to Tech

  • Austin Petersmith's career began in journalism, but low pay led him to tech.
  • He became a developer evangelist, building developer communities.
ANECDOTE

Audio Experimentation

  • Petersmith experimented with a Twilio app for easy podcast creation.
  • Despite ease of use, content didn't meet listener expectations for podcasts, leading to low listenership.
ANECDOTE

Read This Thing and Inside

  • Petersmith started a newsletter, "Read This Thing," curating journalism pieces.
  • This led to an opportunity at Inside, pivoting it to a newsletter business.
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