Grammarly's $100M Revenue
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A story about Sam Parr meeting Grammarly's founder Max at Hustlecon and learning about their impressive revenue numbers.
"The Grammarly founder spoke at Hustlecon. He's an engineer, a very by-the-book straight shooter. I was chatting with him and said 'A freaking plugin, who would have thought?' He had this funny grin on his face.
I asked him how big they were and he said they do over $100 million a year in sales. I asked if he would ever believe it, and he said 'Yeah, I thought it could be done.'
Then I mentioned he just raised money and he said 'Yeah we raised $100 million the other day.' I asked why and he said 'Because it was at a north of a billion dollar valuation.' I was just like 'Oh my god, you pulled it off.'"
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.