Jeremy Giffon, former Tiny executive, discusses the shift in creator monetization from traditional brand sponsorships toward owning equity in operating businesses.
“And I think every person with an audience will eventually, the money that they make from equity in a business that they own will massively dwarf the money that they make from ad rates or sponsorship reads.”
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Giffon: High Liquidation Preferences Can Render $10M ARR Startups Completely Worthless
“You can have a business that's doing ten million dollars a year of revenue and growing 30% a year, but maybe it raised 40 or fifty million dollars. And such that like The founder is probably not going to make any money because the pref stack is so high. And th…”
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Giffon: Creator Audiences Are Still Underpriced Relative to Equity Value
“And because the broad thesis is that these audiences are still super underpriced, basically. That the equity you're giving up is you'll be more than compensated for. And I think that'll last for quite a long time.”
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“So if you're within 20 years of the founder or the number one person in the organization, You're almost always going to be a guy. And if you think of like all the great firms or even, you know, companies where someone has become the new number one, there's alm…”
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“I generally think like if you want to start a company, you should just start a company. Don't go like work somewhere to get experience or whatever. But I think this might be the sole exception, which it can really open doors of either investment or vouching or…”
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