8/26/2022
- Exec Summ just hit 175k subs
- Scouting for Bain Cap Ventures
- Starting SPVs to raise capital to invest in deals
- Thinking about raising a small fund, can give companies exposure
- Office Hours has a bad reputation amongst junior bankers
9/17/2021
- Have 6 investments currently out of Lit Ventures, 6 or 7 more in the pipeline
- $5k to $15k checks
- Robinhood of Latam
- Will look to put together syndicate which is similar to a fund on a deal by deal basis
- Check out Angelist (rolling funds, venture funds, syndicates, carried interest function, etc.)
- Social media posts get lots of shares on top of likes
- Boys with Tiesto
- Dzeko, met up a few weeks ago, friends with Tiesto
- Bi-weekly show that gets uploaded on Spotify / Soundcloud / Youtube
- Can get sponsored by brands eventually
- Bring on guest DJ's
- Can do live events
- Met up with Peter Tuchman again
- Looking to create weekly round-up to drive engagement to his brand
- **NFT strategy
- Creating community access through holding NFT token (CryptoPunks and Bored Apes)
- Event invites
- Exclusive content
- Merch
- Terms
- Weekly payment
- $ per sign-up
- NFT economics and upside
8/27/2021
- Arbitrage Andy launched NL
- Spoke with Packy McCormick, going to think about valuation
- Spoke with Sahil Bloom, met on Wednesday in meat packing, interested in participating
- Peter Tuchman video series where he does weekly videos recapping what happened in the markets
- To learn
- Metrics in newsletter space
- Total subs
- Open rate
- Benchmarking this against others
- Click through rate — people clicking on any link
- Sponsored click through rate — people clicking on sponsor link
- How people price ads (CPM) — $x for 1,000 subs
- Typical is $20 to $30 for primary sponsorship
- How do you price ads?
- How does this benchmark against others?
- Hustle, Morning Brew, others
- Say you're interested in buying an advertisement
- Pricing in the social media space / monetizing
- Try get a better handle on CAC and LTV metrics
- Spending $x per referral for regular program
- Spending $x per giveaway
- Spending $x per influencer
- Financial Model
- Track CPM for newsletter daily (gross revenue)
- Payout cost to ad people who source the deal (net it out, if statements)