The Peel with Turner Novak cover image

The Peel with Turner Novak

Inside the beehiiv Playbook with Tyler Denk, Co-founder and CEO

Sep 5, 2024
Tyler Denk, Co-founder and CEO of beehiiv, shares his journey from being the second employee at Morning Brew to building a successful newsletter platform. He discusses scaling to 3.5 million subscribers and the $75 million exit to Business Insider. Tyler reveals the secrets behind beehiiv’s rapid growth, including their unique no-meeting days and innovative product positioning. He also reflects on the challenges of remote team dynamics, a significant loss in his co-founding team, and lessons learned during unexpected crises.
01:46:36

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Tyler Denk's journey emphasizes the emotional volatility and challenges of fundraising, especially during early product-market fit stages.
  • Beehiv's rapid growth to a nearly $20 million revenue run rate showcases their commitment to user engagement and building in public.

Deep dives

Journey of Raising Funds for Beehive

The co-founder and CEO of Beehive recounts the challenges faced while raising funds for the startup on two occasions, facing rejection initially. The first round was a tough pre-product and pre-revenue phase, but the subsequent attempt showcased growth with $20,000 monthly recurring revenue (MRR). The rejection felt more painful in this round, as there was a sense of product-market fit established. Ultimately, the experience highlights the volatility and emotional trials of fundraising in the startup experience.

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