The Newsette Closes Q1 with $13 Million in Revenue — Drives On Without VC Backing

Closing the first quarter with $13 million in sales, The Newsette has reported a projected revenue of over $40 million this year. Notably, the company was created, and has continued to grow, without any VC backing —— a quality that The Newsette founder and chief executive officer, Daniella Pierson, told WWD has contributed to her small team of 11 being “scrappy, innovative and deeply invested in every single client.” In fact, when asked Pierson said what has fueled the company’s impressive growth is the team which includes the company’s chief operating officer, Sean Gordon, and its Vice President of Marketing, Grace O’Donnell, who she considers her “right hands” having been a part of every hard decision, problem and big win. “Their support, along with the hard work of every single member of our small team, is the reason we’ve been able to grow so quickly,” said Pierson. “The amount of revenue we’re doing is usually reserved for highly VC-fueled companies with 100-plus teams, but my team of superstars have been able to solve every single problem we’ve faced with such grace and power.” Moreover, she said, the team’s passion for client relationships has been key in differentiating The Newsette from some of the other

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from WWDWWD https://ift.tt/3yuvund