Newsletter Growth Platform
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Beehive is a software platform that helps creators build and grow newsletter brands by providing comprehensive tools and features typically used by major newsletter companies like Morning Brew and The Hustle.
Key Points:
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Core Product Features:
- Easy newsletter creation and management
- Built-in referral program
- Advanced deliverability tools
- Writer-friendly interface
- Segmentation capabilities
- Analytics and growth tracking
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Business Model:
- Subscription-based software
- Additional revenue from helping newsletters monetize (ads, etc.)
- Current metrics:
- $4M annual run rate
- $3M recurring revenue
- Additional $1M from monetization services
- Targeting $12M by year end
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Recent Development:
- Raised Series A:
- $12.5M from Lightspeed
- $50M+ valuation
- Achieved in 18-24 months of operation
- Raised Series A:
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Target Market:
- Newsletter creators
- Media brands
- Individual writers becoming small media companies
- Focus on making enterprise-level newsletter tools accessible to smaller creators
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Competitive Advantage:
- Fast product development
- Strong customer service
- Quick implementation of customer feedback
- Built by former Morning Brew team member who understands industry needs
23:44 - 34:13
Full video: 01:08:34SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.