VCs told Gimlet Media to ignore revenue and focus on user growth
Matt Lieber · 20 VC FF 030: Gimlet Media's Matt Lieber on The Future of Podcasting and Life @ Gimlet · Jan 15, 2016 · at 7:13
Matt Lieber, co-founder of Gimlet Media, describes early interactions with venture capital investors who preferred audience metrics over early monetization.
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“We had conversations with some VCs who we would begin to talk about revenue, and they're like, we don't want to hear it. We're not actually interested in that. We want to see just a really steep user growth curve, and like, we know that if you get a large audience, you can worry about the revenue later.”
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