Pangea: The Danger Of Making Too Much Money - with Seth Lieberman
Tuesday, February 22, 2011
You wouldn't think that earning too much money would be a danger for a young business, but as this interview shows, if you let it distract you from product development, your revenue could disappear.
When Seth Lieberman's Pangea Media racked up over $10 million in annual revenue within 2 years in business, he says managing the quickly-growing revenue kept him from improving using experience. As a result, both his revenue and user-base shrank. Listen to this interview to hear how he grew revenue so quickly, why it shrank so suddenly, and how he's growing the company again.
Pangea Media is a leader in quiz technologies, and makes of SnapApp, a platform for driving customer acquisition through engagement.