Dee Murthy - How a Podcast Host Raised $95M
What does it take to secure $95 million and revolutionize an industry? Let’s find out.This episode features Dee Murthy - the founder behind Ghost, the brand who’s revolutionizing how businesses handle excess inventory.From building a successful apparel brand to hosting 907 episodes of his own podcast, this conversation covers the full spectrum of his entrepreneurial journey. We dive deep into:• Raw lessons from nearly a decade of podcasting• The untold stories of his fundraising journey• Why picking the right investors can make or break you• The real challenges nobody talks aboutThis conversation goes deep into what it really takes to scale a venture-backed company.CHAPTERS00:00 Intro00:22 Lessons from 907 Podcast Episodes02:15 Leveraging Podcasting in Business03:56 Launching the Podcast: Early Days and Growth06:08 Building an Audience and Content Strategy10:57 The Importance of Niching Down13:41 Podcast Learnings15:52 Avoiding Burnout and Maintaining Relevance20:19 Introducing Ghost: A Marketplace Solution30:23 The Future of Retail and Distribution37:18 Fundraising Journey: From Idea to Seed Round44:03 Fundraising Challenges46:06 Building the Business from Scratch49:09 Pivoting to a B2B Marketplace51:25 Navigating the Venture Capital Landscape01:09:41 Hiring and Company Culture01:15:01 Lightning Round and Final ThoughtsGet in touch in the comments below or head to:Instagram: https://www.instagram.com/openresidency/LinkedIn: https://www.linkedin.com/in/markmastrandrea/Website: https://openresidency.com/Contact: info@openresidency.comGuest: Dee MurthyInstagram: https://www.instagram.com/deemurthy/LinkedIn: https://www.linkedin.com/in/deemurthy/Twitter: https://twitter.com/deemurthyWebsite: https://ghst.io/Powered by IKONICKGet a 30% discount on the best motivational art from IKONICK at https://ikonick.com/openresidency(use code: OPENRESIDENCY30 )Note from Mark:If you landed on this page, I just wanted to thank you. This is the first episode of a new chapter that I am very excited about ! All feedback is greatly welcomed in the comments. I will read, respond and look to get better accordingly. I am going to continue to search for business operators that I am interested in and share my learnings with everyone. If you got any value from this episode, sharing it with a friend would mean a lot. Hope you enjoy! - Mark