Marketing School - Digital Marketing and Online Marketing Tips18 Aug 2023

Vice Media Raised $1.6B But Went Bankrupt Because of This

In episode #2536, we delve into Vice Media Group’s bankruptcy, despite raising $1.6 billion! Join us as we share the biggest mistake that Vice made before exploring how their lack of relationships contributed to their downfall. We also explain why we believe that anyone can create their own media company and hazard a guess at whether the economy will have a soft or hard landing. Thanks for listening in! TIME-STAMPED SHOW NOTES: [00:00] Today’s topic: Vice Media Raised $1.6B But Went Bankrupt Because of This. [00:39] Why Vice was a discovery platform and wasn’t very good with relationships. [01:16] The biggest issue Vice had: monetizing in the wrong way. [03:27] Why anybody can build their own media company (and should). [04:25] Whether the economy will have a hard or soft landing. [04:59] That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Links Mentioned in Today’s Episode: Vice Media Group Facebook X Google Don’t forget to help us grow by subscribing and liking on YouTube! Leave Some Feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

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