beehiiv Raised $33M, How Substack Fumbled a Billion Dollar Opportunity, and Gemini Sports Analytics April Newsletter

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READING

III. beehiiv attracts $33M to make its newsletter publishing platform more sticky | TechCrunch

Beehiiv (Fund IV), a New York-based startup that offers a platform for creating and distributing newsletters, has raised $33 million in Series B funding led by NEA, with participation from us at Social Leverage, Sapphire Sport, and Lightspeed Venture Partners. This funding follows significant growth, with the company now sending 1 billion emails per month from 20,000 active newsletters.

II. How Substack Fumbled a Billion Dollar Opportunity

Houck details how Substack missed out on a billion-dollar opportunity by making strategic mistakes in their product design and revenue model, which limited their market appeal and growth potential. He contrasts this with the success of beehiiv, which has effectively captured the newsletter market by offering more control and customization to its users, leading to a strong market presence and laying the groundwork for future expansion into broader communication services.

I. Gemini Sports Analytics - April Newsletter

The April newsletter from Gemini Sports Analytics (Fund IV) highlights their recent investment from Will Ventures, the release of new features, and much more.

LISTENING

I. Note to Self: Josh Mohrer with Jenny Fielding

WATCHING

I. Safe Haven Assets, Politics vs. Stocks, Bullish Beehiiv Outlook, and GE's Future

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