- Social Leverage Weekly
- Equabli Secures $3.35M of Funding, The Newsletter Upstart Taking on Substack, and Liquid Death Hires Goldman Sachs, Aiming for 2024 IPO
Equabli Secures $3.35M of Funding, The Newsletter Upstart Taking on Substack, and Liquid Death Hires Goldman Sachs, Aiming for 2024 IPO
Social Leverage Letter | Issue #98
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Equabli (Fund IV) raised an additional $3.35 million in funding led by us here at Social Leverage with participation from Upfront Ventures and Initialized Capital. The newly raised funds will play a vital role in propelling Equabli towards its strategic objectives, including product development, market expansion, and talent acquisition.
An online newsletter platform, Beehiiv (Fund IV) is taking on Substack by offering writers higher pay and more tools. Beehiiv was founded by Tyler Denk, Benjamin Hargett, and Jake Hurd, former Morning Brew employees. Beehiiv aims to attract writers by offering pricing that’s simple, predictable, and built to scale.
The canned water company Liquid Death has hired Goldman Sachs to lead preparations for a potential IPO in 2024. Liquid Death sells water in aluminum cans and has positioned itself as a Gen Z focused brand. The company was founded in 2019 and raised at a valuation of $700 million last year.
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