Ep 73: Building to Own: How Betsy Morgan Went From Building Media Companies For Others to Building For Herself in Private Equity

Betsy Morgan is the Co-Founder of Magnet Companies, a private equity-backed company focused on media and commerce, and an Associate Professor at Columbia Business School and Columbia College. Prior to Magnet, Ms. Morgan served as an Executive in Residence of LionTree, an advisory and merchant bank firm specializing in technology and media. Ms. Morgan was the CEO of TheBlaze, an early multi-platform and direct-to-consumer news and entertainment company. Prior to TheBlaze, Ms. Morgan was the first CEO of The Huffington Post. Ms. Morgan currently serves on the board of directors of the following privately-held companies: Cox Media Group, Trusted Media Brands and TheSkimm. She is also on the board of the publicly-traded company, Tripadvisor where she serves as Chair of the Compensation Committee. Ms. Morgan has an M.B.A from Harvard Business School and a B.A. in Political Science and Economics from Colby College, where she served as a member of the Board of Trustees for eight years. She is also a contributor to Riptide, an oral history of journalism and digital innovation created by Harvard’s Shorenstein Center on Media, Politics and Public Policy.   Listen to this Takin’ Care of Lady Business® Jennifer Justice speaks with Betsy Morgan to discuss Magnet Companies, an operator and investor company backed by private equity. Their three portfolio companies, Dear Media, Love Seen, and Togethxr, specialize in audio podcasting, beauty products, and women in sport content respectively.   Here is what to expect on this week’s show: - Women-focused podcasting network & the rise of women's storytelling - The benefit of working with people diametrically opposed to your interests. - Addressing the disparity in women's sports and asset value.  - The power of women in male-focused industries.    Quotes: “Don’t let anyone in the marketplace, male or female, say, ‘stay in your lane’.” – Betsy Morgan “Being a good listener means you can open up people [with different opinions] to new ideas.” – Betsy Morgan “I love exposing [things that have been traditionally male] more and more to women.” – Jennifer Justice   Contact Betsy: [email protected] Magnet Companies: https://www.magnetcompanies.com Dear Media: https://dearmedia.com LoveSeen: https://loveseen.com TOGETHXR: https://www.togethxr.com Learn more about your ad choices. Visit megaphone.fm/adchoices