Latest / The Founder's Journey with Fexingo: First-Time Entrepreneurs, Failures, and Lessons Learned
How a Rejected Film Festival Built a 60M Streaming Platform
In Episode 177 of The Founder's Journey, Lucas and Luna unpack the story behind a 60-million-dollar streaming platform that started with a rejected film festival submission. The founder, a documentary editor, had his film turned down by 40 festivals in 2019. Instead of giving up, he built a niche streaming service for independent documentaries, securing early distribution deals with 50 filmmakers and growing to 200,000 subscribers by 2021. Lucas breaks down the numbers: the platform's 12 percent month-over-month growth during the pandemic, the 70-30 revenue split that attracted…
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