Never forget that this is what passes for success in Clown World.
Funding History: The Athletic raised $139.5 million via five funding rounds beginning in 2017.
- Seed Funding: $2.3 million led by Courtside Ventures
- Series A: $5.4 million led by Courtside Ventures
- Series B: $20 million led by Evolution Media
- Series C: $40 million co-led by Founders Fund & Bedrock Capital
- C1 round investment: $22 million led by Founders Fund
- Series D: $50 million led by Bedrock Capital
Operating Losses: The Athletic lost $121 million in just four years.
- 2019: $54 million
- 2020: $41 million
- 2021: $55 million
- 2022: $36 million
In January 2022, The New York Times paid $550 million for The Athletic.
All “success” in Clown World is manufactured, fake, and usually gay. Don’t chase it. You’d have to be retarded to chase it. Chase the Good, the Beautiful, and the True instead.