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GE Ep 188 [2017]: How Twenty20 Burned $10M and Still Emerged as a Successful Company

GE Ep 188 [2017]: How Twenty20 Burned $10M and Still Emerged as a Successful Company

FromLeveling Up with Eric Siu


GE Ep 188 [2017]: How Twenty20 Burned $10M and Still Emerged as a Successful Company

FromLeveling Up with Eric Siu

ratings:
Length:
38 minutes
Released:
Jul 8, 2019
Format:
Podcast episode

Description

Hey everyone, in today’s episode I share the mic with Matt Munson, founder and CEO of Twenty20, a company that provides a photography marketplace for some of the best-looking authentic stock photos and royalty-free images anywhere.
Listen as Matt shares how Twenty20 burned through $10M by trying to scale too quickly and the lessons he learned (including talking about his "failures"), how they built a massive photo catalog of 50M+ images from 300K photographers that Google, Apple & Pinterest use (without advertising for a single photographer!), and how Twenty20 got 1,000 subscribers, 170K in MRR and 10x growth in 1 year.
Click here for show notes and transcript.
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Released:
Jul 8, 2019
Format:
Podcast episode

Titles in the series (100)

Leveling Up is a weekly interview series with entrepreneurs and marketers on the latest in business and marketing. Learn actionable strategies & tactics on how you can make your business grow and mistakes to avoid during your journey. Learn from individuals who have founded billion dollar companies to best-selling authors. Entrepreneur and host Eric Siu also shares insights and learnings along the way.