Elite Daily acquired this week. Founder is on Mixergy now.

Gerard Adams, Elite Daily, Content, PR / Media Marketing, Sell Your Business

We were about to hit publish on this interview with Gerard Adams, founder of Elite Daily, a blog that’s been called the “voice of Generation Y.”

Then we heard that the company, was acquired again by Bustle, an online media company aimed at millennial women.

This is the story of how Elite Daily was created and how much its previous sale to the Daily Mail’s parent company netted its founder.

Gerard Adams

Elite Daily

Gerard Adams is the co-founder of Elite Daily, which sold to the Daily Mail in 2015 for $50 million.

Andrew: Hey, everyone. My name is Andrew Warner. I’m the founder of Mixergy.com. And even though I’m basically in the content business here at Mixergy–I’ve created interviews here since 2008–I’m not very high on content. I always feel like there’s just so much of it online. How do you make a real business around it? It just doesn’t usually compute for me.

I can see how you can advance a mission, that’s what I’m doing here at Mixergy, but a real business? It feels like software is a better way to go. So, even though I’m in it, I’m always shocked when I hear people talk about how they built a successful business that’s a media company, especially from scratch like today’s guest did.

Today’s guest is Gerard Adams. In 2011, he helped create a company called Elite Daily. Elite Daily is kind of like the Huffington Post of Generation Y. He then sold it in 2015 to DMG Media, if you...

Continue reading the transcript...