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4 days agoMedium's CEO explains what it took to stop losing $2.6M monthly | TechCrunch
When Tony Stubblebine joined Medium in 2022, the platform faced significant financial challenges, losing $2.6 million per month and losing subscribers while accruing debt of $37 million in loans. Faced with potential shutdown, he made pivotal changes including product adjustments and restructuring investor relationships.
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