@MediaKing I thought you previously said to focus on 30day openers and 60day clickers. Have you found any value in keeping emails that haven’t engaged in 60 days? Should we be keeping them vs auto unsubscribing them?
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Chris Richmond
189 posts
Chris Richmond
@itcdr
CEO @ https://t.co/mublT0lZuG
San Diego, CA เข้าร่วม Mayıs 2008
49 กำลังติดตาม218 ผู้ติดตาม
Honestly. I have no idea what my list size actually is.
17M records in DB.
6M “active” subs.
3M 90-Day Openers
2M 30-Day Openers
Fewer 30-Day Clickers.
We need a standard…
Chris Miquel@miqchris
💡Most newsletter operators don't know their real list size. Not the subscriber count. The “engaged” subscriber count. Those are very different numbers. One is vanity. One is revenue.
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@MediaKing What is an example of all your offers? Are these affiliate type deals you are sending to your email list?
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Acquisition strategy should match how many ways you monetize.
One product → tight targeting, must break even fast.
Many products → broad net, patient with CAC, worth more over time.
We have 200+ offers. We can wait. Most publishers can't. That's not a bug — it's the model.
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We just surpassed 16,000 paying subscribers at Snopes and most people have joined in the last 6 months!
Relying on ad revenue from viral traffic is a very difficult game. I’m so glad to see our community is stepping up to support us so we can focus on fact checking.
mail.snopes.com/p/new-post-7191
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Podcast tour is over (almost).
Consulting calls are wrapped up.
Private jet is at the shop for repairs.
Watch collection is in the safe.
Back to figuring out how to grow MarketBeat from 50m/year to 75m/year.
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@MediaKing @danielcberk Which podcast have you done that you most recommend people listen to who are trying to learn email?
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I am recording my final podcast of 2026 on Tuesday with @danielcberk for a secret project.
I’ve taught everything I’ve learned about email on podcasts. Now I need to go back to learning, so I have something interesting to say on the 2027 tour.
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Why not instead create higher tax brackets for capital gains? The reason people can say a billionaire is paying a lower tax rate than say a doctor is because the billionaire’s income is mostly capital gains. If we had higher tax brackets for say $10M+ on capital gains then you could solve this and raise the extra capital long term. Personally I think we should move up all tax brackets so lower income pays no tax and cap it so no one ever pays more in taxes than they receive for fed+state.
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Peter Thiel is leaving California if we pass a 1% tax on billionaires for 5 years to pay for healthcare for the working class facing steep Medicaid cuts.
I echo what FDR said with sarcasm of economic royalists when they threatened to leave, "I will miss them very much."
Teddy Schleifer@teddyschleifer
NEWS: Larry Page and Peter Thiel are making moves to leave California by the end of the year to avoid a possible billionaires tax that could hit them where it hurts. With @RMac18 + @hknightsf. nytimes.com/2025/12/26/tec…
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Ah. My guess then is that he got a huge employement contract from HubSpot for the transition of his business and to appear on MFM long term which probably included stock or options that has grown over the years. Assuming the number came from somewhere and isn't just made up. If so, an obvious exaggeratin to credit it all back to what he sold that many years ago versus saying his sale led him to that. I don't count the salary I had during my earn out when I sold but in fairness it was small compared to the earn out itself.
Hopefully Matt will clear it up publicly as I do love his show.
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@itcdr It’s my understanding the earnout would have to be listed here. However if he has retention or employment compensation (ie a bonus, equity etc) then this wouldn’t be listed on the 10k as a part of the acquisition.
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Founder says $40m+.
SEC filing lists $17.2M cash.
No reference to equity or other consideration I could find. 🤔
Sam Parr@thesamparr
I sold my company for over $40 million when I was 31. Here’s every idea I tried before my big win: 1. In high school I made $2,500 one summer flipping seniors’ used sports gear on eBay. 2. At 20, I launched a hot dog stand called Southern Sam’s: Wieners as Big as a Baby’s Arm. Made up to $1,000 a day. Learned how to sell - and how to blow all my money on beer. 3. That same year, I started an online liquor store selling rare whiskey. It lasted three months before a lawyer told me I wasn't doing things correctly. Still made $10K in profit. 4. In San Francisco, I started a weekly business book club called The Anti-MBA. Couldn't figure out how to monetize it, but met lifelong friends. 5. Tried selling an accountability program to The Anti-MBA. $20/month and you were paired with another member to encourage you to read a book. No one wanted it. 6. In 2014, I hosted Bootstrap Live, a mini event interviewing three founders. 150 people showed up. Made $1,090. 7. Then came Bunk - parties for people finding roommates. We funded it with $15k, it didn't succeed and got acqui-hired 9 months later. 8. We turned Bunk into a Tinder-style roommate app. Tens of thousands of users, zero revenue. Should’ve just made it a dating app - that’s what people used it for anyway. 9. Next, The Miracle Craigslist Template. A simple email script for finding apartments on Craiglist. Made $500–$1,000 a month for two years. 10. Itch Juice - a poison ivy treatment. I bulk-bought generic ointment and rebranded it as I knew I could buy Google ads for cheap. Shut it down after two months. Dumb idea, smart lesson: schemes are dumb. 11. Hosted a weekend copywriting class with @nevmed. We each made $10k. 12. Then came Hustle Con - a conference for startup founders. Made $40k in profit. Ran it three more times, revenue doubled each time. 13. I saved $300k and pivoted Hustle Con into a media company called The Hustle. Spent six months writing hundreds of articles. Traction was good, but consistently getting traffic was hard. 14. The big one: we pivoted again - from a blog to a newsletter. Biz model was so much better. It didn’t feel huge at first, but it was a rocket ship. $12m in revenue by year four, sold the company when I was 31. Changed my life. 15. Inside The Hustle we launched Trends - a $300-a-year community for entrepreneurs. Great revenue, tough margins. Lesson: low price, high volume = hard business. 16. The Hustle expanded our events. $1.5M in revenue, almost no profit. Then Covid killed it overnight. 17. The Hustle published My First Million - a podcast that now has 700+ episodes and millions of downloads. 18. Bought a ranch in Texas to turn into an Airbnb. Broke even. Bought other real estate...lost money on all them! And now…Hampton. Easily the most impactful. We create peer groups and chapters for founders doing at least $3m in revenue. We have a team of 20, mostly in NYC where I live, and change our member's lives. Lessons from all this: 1. Stay focused. Many times I had something good but didn't stay focused! 2. Everything's hard, even when its working! 3. Have smart friends, peers around you who you can rely on to hold you accountable, keep you humble, and hear you out.
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100%. I want to see a stock market focused on long term results and accessible to much smaller companies. Companies wait way too long to go public these days so we all miss out. I was hoping ICO’s could be the answer but I’ve seen it primarily used for scams. We need some oversight but not so much to be burdensome for a small company.
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Stocks might be in free fall today…
But private market valuations haven’t changed.
Maybe it’s time we built a system focused on long term outcomes not short term panic.
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I think it’s the right call to merge them. I just don’t see how it’s adding that much value. If I invested in the original twitter take private deal I would have questioned why xAI was separate when it seemed like it only worked with twitter’s data and users. And now that it’s merged the original investors in the twitter deal have a smaller percentage of the combined project. But I do I think twitter combined with AI is a powerful combo and could be a win eventually for them.
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@itcdr Love him or hate him I guarantee this is a win. The math just maths when you add ~$60B in enterprise value don't care how you spin the variables lol.
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X just sold to xAI for $33B.
But the real price? ~$13B.
Here’s why:
X owned 25% of xAI, valued at $80B.
That’s $20B. Subtract it from $33B, and xAI effectively paid ~$13B for X.
Elon bought Twitter for $44B lost ~70% of its value in years, then flipped it using its platform + data into a combined value likely nearing $100B today.
Even when he loses, he wins BIG.
Lesson: Never bet against Elon 😂
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Snopes’ X account was hacked. We are back after 6 weeks of being locked out and it was not easy to get it back.
Here is what happened (from Snopes CEO)
Thread
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This was such a pain to get our account back
snopes.com@snopes
Snopes’ X account was hacked. We are back after 6 weeks of being locked out and it was not easy to get it back. Here is what happened (from Snopes CEO) Thread
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I tried the management route and then read a dozen books and did all the research to manage myself. In the end the answer for me was VOO for long term and SUTXX (t-bill fund, 1-day liquidity) for short term to be ready when opportunities come up. Then I go for investments that I’m consumed by (my personal rule is not to but an individual stock unless I listen to shareholder meetings and have a solid thesis to at least double, otherwise best to stick with VOO)
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The amount of wealth management people that have approached me since selling my company is WILD...apparently EVERYONE has the secret to portfolio maximization 🫨
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I like Beehiiv because it’s fully focused on newsletters. Compared to MailChimp that felt more focused on e-commerce emails that also supports newsletters. And they have great analytics compared to Letterhead which we always felt in the dark using. And their customer service is excellent. We never finished our migration to CampaignMonitor due to lack of help. In the end @beehiiv was the winner after trying a few other platforms and we have ramped our focus on newsletter considerably now that we have a good platform.
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Newsletter people:
What platform should I use and why?
Beehiive vs Ghost vs ConvertKit vs all the other stuff
So many platforms and they all seem exactly the same
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Chris Richmond รีทวีตแล้ว
FoxNews just wrote about what I said on MSNBC. A fair article minus referring to Snopes as “left-leaning”. But I understand given Snopes’ past under the old ownership/management. It will take more time to prove we are impartial which I believe we have been over the last year.
Fox News@FoxNews
CEO of left-leaning fact-checker says government at fault for censoring Hunter Biden laptop, not fact-checkers trib.al/UEij8mH
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Here is the full segment from my appearance on @VelshiMSNBC this morning
msnbc.com/ali-velshi/wat…
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