Celebrate four years of growth and reflection, exploring how a newsletter launched during the pandemic navigated the changing media landscape. The discussion highlights Newcomer's revenue milestones and future plans while examining the challenges posed by the venture capital downturn. Learn about the stark contrasts in funding for AI versus struggling startups, as well as the need for emerging fund managers to adapt. With aspirations for expanded quality journalism and potential events, the hosts share excitement for what lies ahead.
Newcomer's growth over four years demonstrates successful revenue milestones and a transition from newsletter to established media company.
The discussion on the venture downturn highlights the challenges faced by first-time fund managers in adapting to current industry trends.
Deep dives
Concert Experiences and Personal Reflections
Attending concerts allows individuals to experience different aspects of performances, and the hosts share their recent concert experiences for further insights. Charlie XCX and Troye Sivan's high-energy show contrasted with Sabrina Carpenter's more varied musical tempo, demonstrating the unique atmosphere each artist creates. The hosts reflect on personal preferences, with one particularly impressed by Sabrina Carpenter's vocal prowess, showcasing how varied performances can elicit different audience reactions. Their conversations illustrate the significance of live music and how shared experiences can deepen connections among fans.
Growth and Transformation of the Newcomer
The four-year journey of Newcomer highlights notable growth and expansion from its inception, correlating directly with audience engagement and industry trends. The business has successfully doubled its revenue, now anticipating reaching $2 million within the fiscal year, marking a significant milestone. The hosts acknowledge the transition from a simple newsletter to a legitimate company with a growing team, showcasing a shift in mindset among the founders. This progress emphasizes the evolution of media organizations in adapting to current challenges and opportunities.
Navigating Industry Changes and Future Strategies
The discussion revolves around the evolving media landscape, particularly the contrast between large and emerging publications, which impacts growth strategies. The hosts express the importance of focusing on specific audiences, such as venture capitalists and startup founders, to maintain relevance and ensure long-term success. They consider future events aimed at unique topics—like fintech and frontier technologies—reflecting a strategy to deepen connections and serve their core audience. This approach highlights the necessity of adapting to industry trends while staying committed to the distinct needs of their established readership.
Newcomer turns four this week. On the podcast, Madeline talked with me about how it all began.
When I made the decision to start Newcomer, the venture capital industry was in the beginnings of a record-breaking bull run. A lot has changed since then, for both venture and the media industry, but I’m excited about our growth at Newcomer and wanted to share a bit more about what’s next.
Description
Eric and Madeline discuss Newcomer’s revenue milestones, the growth of Newcomer over the past four years, and what’s next for the publication. They also focus on the downturn in the venture industry and how this will affect first-time fund managers.