How to build a media company like founderbounty. Its hard work.
We started founderbounty after having worked in finance as well as started a business that was backed by some of the biggest US VC's. In addition to this having sold a SAAS company as well as participated in some of the worlds best VC accelerators programs there are may reasons why we felt founderbounty was needed in this economy.
Firstly passing on experiences to first time founders is essential. When we started no one was there to help. It was me and a couple of co-founders learning how to build a business from scratch with almost nothing. Getting advice and mentorship is so important and its not something VC's will help you with much and I wish there was more of it.
Having been around VC's and being a VC scout, i have some idea and thoughts around the landscape. I personally have also worked in finance for top tier investment banks and so have some idea of how the two worlds work together. Founderbounty was started for that reason. We saw how Harry Stebbings built up his VC through content and how the stan store founder also realised the importance of content to sell his brand and both worked! Without content and storytelling you really cant sell anything.
We saw how Dave Portnoy built Barstool Sports and selling it for $500M to Penn Entertainment only through the use of content. So not only was founderbounty a learning platform but it was also a way to get interesting story telling out there to our audience.