Lieberman: Morning Brew raised $750K after running on $200 monthly costs
Alex Lieberman · “How Soon Should You Have Investor Convos?” - Mailbag #1 · Jul 14, 2023 · at 3:05
Morning Brew co-founder Alex Lieberman discusses the early fundraising and capital efficiency history of Morning Brew.
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“We went and we raised 750 K in the early days of the business. We raised that money Actually, a year and a half after starting the company, because we were able to run our newsletter at basically, I think, 200 dollars of cost a month that, you know, that's one of the beauties of a newsletter business is you can run it extremely lean, and we ended up raising that 750 K in 2016 into 2017, basically because we knew we didn't want to write our content long term.”
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