Sam Reich
👤 SpeakerAppearances Over Time
Podcast Appearances
Sometimes some people call me the founder of Dropout, which actually is not true.
Dropout- Oh, well, I- You beg to differ.
I do.
Great.
I'll take it.
Listen, Dropout was a priority that came out of IAC, who was our corporate parent at the time.
This is who owned CollegeHumor.
And for years and years, IAC was trying to figure out how
we would make not just a lot of money, but a lot, a lot of money.
And there was always kind of a – a cynic might call it a get-rich-quick scheme of the time.
And it was ad sales, and then social media took a big chomp out of ad sales.
And then it was television, and it turned out television production didn't scale very effectively.
And then finally, the idea was let's try going direct to audience.
Right.
As they say.
Yeah.
I guess the whole system.
It does feel like that phrase makes it feel like we're gambling the house.
And in a way, we kind of were.
Okay.