Axel Springer

4 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 9, 2024 by Alex Lieberman · said 11 times in 2 episodes since 2021 · across every show →

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brought up most by Alex Lieberman (11)

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Everything said about Axel Springer, oldest first

Apr 9, 2024 neutral
Assertion Not checkable as stated
Selling a majority stake in Morning Brew took 11 months
“And so from, let's call it November of 2019 to October of 2020, so literally 11 months. That was the process of doing a deal and selling a majority stake in Morning Brew to Axel Springer.”
Alex Lieberman Apr 9, 2024 ▶ 8:35 Why We Sold Morning Brew
Apr 9, 2024
Disclosure
Morning Brew spent $250K to $500K monthly on paid subscriber acquisition
“At the time we probably were spending anywhere between 250 to 500,000 dollars per month on paid acquisition, right?”
Alex Lieberman Apr 9, 2024 ▶ 15:39 Why We Sold Morning Brew
Apr 9, 2024
Disclosure
Morning Brew had 1.5M subscribers when sold to Axel Springer
“At the time in which we sold the company, Morning Brew, the newsletter had gotten to over a million subscribers. It was probably at, like, 1.5 million now.”
Alex Lieberman Apr 9, 2024 ▶ 14:45 Why We Sold Morning Brew
Apr 9, 2024
Disclosure
Morning Brew rejected multiple acquisition offers in 2018 and 2019
“Before we were approached by Axel Springer, In, at the end of 2019, we had probably been approached by four or five different businesses or funds in the year and a half prior. We were approached by a few media holding companies that own a portfolio of differen…”
Alex Lieberman Apr 9, 2024 ▶ 3:52 Why We Sold Morning Brew
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