Why Medium Was Losing $2.6M/Month and How Its New CEO Turned It Around | Tony Stubblebine - CEO of Medium

Tony Stubblebine is the CEO of Medium, a renowned platform for writers and readers, and a seasoned entrepreneur with a rich history in tech, having co-founded several successful startups.  Join Alex Shartsis in this episode as Tony shares his personal anecdotes and hard-won insights from turning around Medium, highlighting the importance of situational leadership, and navigating the challenges of scaling a platform. He also reflects on his earlier experiences, including the rise and fall of Odeo, and the unexpected success of Twitter, providing a nuanced understanding of the entrepreneurial journey. This episodes will give you actionable advice on how to adapt your leadership style to drive growth, and develop a deeper understanding of the intricacies involved in scaling a successful platform. Show Notes: 0:00 Introduction 1:16 Tony Stubblebine's Background and Introduction 2:07 Evan Williams' Impact on Online Publishing 20:09 Pivotal Decisions in Medium's Growth 36:41 Medium's Turnaround to Profitability 48:38 Overcoming Financial Challenges at Medium 49:12 Medium's Ambition and Growth Strategy 50:53 Differentiating Medium in the Market 1:06:46 Lessons on Patience and Perseverance in Entrepreneurship Guest: Tony Stubblebine (linkedin.com/in/tonystubblebine/)  Host: Alex Shartsis (linkedin.com/in/shartsis) Audio Engineer & Video Editor - James Fixx (fixxmusic.com) Music by the Great White Shark (Shark Shartsis) The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups. If you would like to get expert advice for your startup reach out to us on: Website: silverwood.ai Linkedin: linkedin.com/company/silverwood-advisors