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What are they paying for here? The Axios “brand” is not well known enough to justify that much money. The “tech” is your standard CMS, anyone can build that. Th
by symlinkk 4y ago
What are they paying for here? The Axios “brand” is not well known enough to justify that much money. The “tech” is your standard CMS, anyone can build that. The “talent” is just average writers, in fact I can’t name a single one. How is this worth half a billion?
- deleted 4y ago[deleted]
- stagger87 4y agoAds
- missedthecue 4y ago2.4 million subscribers according to a Google search. Anyone can build a simple news site and hire journalists. Can anyone get that many readers?
- rchaud 4y agoHow many of those are engaged subscribers? If you subscribe in January, but haven't opened an email since March, you are still counted in subscriber rolls. But you are unlikely to be monetizable.
- 55555 4y agoAnyone can get that many subscribers by spending a fraction of 500mm USD on ads.
- manquer 4y agoEven if you did get "subscribers", monetizing subscribers is hard. Currently Axios generates $100M in revenue a year.
- Alupis 4y ago> 2.4 million subscribers according to a Google search Which is on par with a moderately successful YouTube channel - which likely has far more reach than Axios.