Get live statistics and analysis of Adam Ryan 🤝's profile on X / Twitter
Taking LinkedIn down one profession at a time | Founder & CEO @WorkweekInc
2kfollowing23kfollowers
The Storyteller / The Analyst
Adam Ryan is a captivating storyteller and insightful analyst who thrives on unpacking complex professional narratives and industry shifts. As the founder and CEO of WorkweekInc, he dives deep into the human stories behind success and failure, blending data with empathy to keep his audience both informed and inspired. His prolific tweeting style, with over 10,000 tweets, shows a passion for sharing illuminating insights frequently.
Adam’s tweet count is so high, I wouldn’t be surprised if he’s trying to win a marathon where the finish line is a Twitter notification bell. Maybe slow down before your followers need hearing protection from all that constant tweeting!
His biggest win is successfully positioning WorkweekInc as a go-to platform for deep, captivating stories in the professional world, reaching millions with viral tweets that blend human stories and analytical depth.
Adam’s life purpose is to reveal the untold journeys behind professionals and brands, transforming obscure or overlooked stories into valuable lessons for the workforce. By bridging personal resilience with business savvy, he inspires his audience to rethink traditional career paths and stay agile in a changing work landscape.
He believes in the power of perseverance, transparency, and the human element behind every professional success or setback. Adam values authentic storytelling paired with sharp analysis, advocating that understanding humans and markets are keys to meaningful progress and connection.
His ability to synthesize complex events into engaging and accessible narratives that resonate at both emotional and data-driven levels is his superpower. Adam’s consistency and thorough research establish him as a trusted voice in dissecting the modern work ecosystem.
Sometimes his high tweet frequency might lead to an overwhelming stream that can dilute the impact of his best content, potentially leading to follower fatigue or missed opportunities for deeper engagement.
To grow his audience on X, Adam should consider spotlighting more interactive content such as Twitter Spaces or AMAs focused on career myths and media industry insights, maximizing engagement by turning his stories into two-way conversations.
Fun fact: Despite tweeting over 10,000 times, Adam manages to keep his audience hooked with a mix of gripping human-interest stories and hard-hitting business analysis that often goes viral, like the inspiring tale of 58-year-old Olympian Zeng Zhiying.
man, i'm so proud of @jordihays.
always was a creative talent, genius marketer, and a monster work ethic. once he got paired with @johncoogan it was game over.
prediction. one of the major business networks will try to license the show. i could see bloomberg taking the bet.
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creator economy is alive & well on OnlyFans.\n\nIt's never been able to attract VC money.\n\nNow, as CEO Ami Gan departs, it has 210M users and a valuation of ~$18B.\n\nThey had $2.5B in revenue last year.\n\nHere's why they're winning while other creator platforms spiral: https://t.co/VCbj5T5tU5","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,46],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1579863591590952960","view_count":0,"bookmark_count":39,"created_at":1665503807000,"favorite_count":251,"quote_count":24,"reply_count":41,"retweet_count":27,"user_id_str":"278248976","conversation_id_str":"1579863591590952960","full_text":"Proud to announce the latest news of Workweek:","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,271],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1484307230241746945","view_count":0,"bookmark_count":35,"created_at":1642721395000,"favorite_count":235,"quote_count":25,"reply_count":31,"retweet_count":38,"user_id_str":"278248976","conversation_id_str":"1484307230241746945","full_text":"Today we have our biggest announcement at Workweek to date: Workweek Capital's $10M Fund I\n\nWe're launching the first ever creator-led venture fund. It's one more step for Workweek to help creators achieve their wildest dreams.\n\nWhat does this mean and what's the impact?","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,215],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":true,"lang":"en","quoted_status_id_str":"1984639958855139672","quoted_status_permalink":{"url":"https://t.co/rfLV17OnkI","expanded":"https://twitter.com/jessetinsley/status/1984639958855139672","display":"x.com/jessetinsley/s…"},"retweeted":false,"fact_check":null,"id":"1984699439580123567","view_count":224652,"bookmark_count":111,"created_at":1762024194000,"favorite_count":207,"quote_count":6,"reply_count":28,"retweet_count":3,"user_id_str":"278248976","conversation_id_str":"1984699439580123567","full_text":"Been waiting for someone to call this out. Jesse is spot on. \n\nSo many exaggerations, half truths, and sometimes out right lies told about the founding, building, and exit of Hustle Con Media Inc.\n\nThe more you dig…","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":1,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,278],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[{"display_url":"workweek.com/perpetual","expanded_url":"http://workweek.com/perpetual","url":"https://t.co/2bOHxRMuJ4","indices":[8029,8052]}],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1725211529652339083","view_count":193093,"bookmark_count":125,"created_at":1700157456000,"favorite_count":205,"quote_count":6,"reply_count":40,"retweet_count":18,"user_id_str":"278248976","conversation_id_str":"1725211529652339083","full_text":"Workweek turned two this week. It’s been a crazy journey, and it's hard to believe how far we’ve come.\n\nHere's an honest overview of where we're at as a business, my biggest mistakes, and what’s next.\n\nIf you work in the creator economy, media industry, or care about content to commerce, this may be helpful to you.\n\nReminder of what Workweek's vision is\nThe reality is that we all want to learn from industry experts who have had real success in their industry. There's too much noise on the internet coming from people who don’t know what they're talking about or have little experience in what they claim to be an expert in.\n\nAnd there's a reason why you're not hearing from real experts and operators on a more consistent basis.\n\nThe problem is that most expert operators working in an industry don’t have the financial motivation or security to spend time sharing their insights. And even if the financial motivations are in place, they don’t have the time or expertise to run a media company.\n\nWe call this the knowledge-expert paradox.\n\nIf Workweek can solve the knowledge-expert paradox at scale, it can unlock billions of economic value by helping millions of business leaders have a more successful work week.\n\nHere's where we're at today as a business\n\nRevenue: In September ‘23 (month 22 of the business), Workweek did $1M in revenue, and in October ‘23, we did $1.2M. The business will grow 3X in 2023 from 2022.\n\nCreators at Workweek: They are winning — and winning fast. For context, of the 11 creators we work with, six never had a newsletter before Workweek, and four had never made more than a few thousand dollars as a creator. This speaks a bit to the knowledge-expert paradox. Now, our creators are the top-earning, or one of the top-earning, creators in their respective industries. They're becoming the voice of their industry at an incredibly fast pace, and it's so much fun to watch.\n\nOur work will never stop when it comes to creator success. It's my personal goal for the creators at Workweek to say it was the best professional decision of their lives to work with us. If we meet our own expectations, these creators will make life-changing income while maintaining a healthy balance in their lives.\n\nTo dig into the balance piece, we've had 3 of our 11 creators this year take parental leave. Their revenue and audience growth didn’t slow down, their life wasn't put on hold, and they didn't have to miss those key moments with their family. I don't believe this could happen anywhere else as a content creator, and we’re proud of it.\n\nDiversification of revenue: Our thesis is that the business audiences we are helping creators to grow will purchase products we directly offer them, which will ultimately make advertising a minority share of our revenue. In September and October, ~40% of our revenue was from audience transactions, not advertising. Our existing audience drove 100% of those purchases. This is a huge win and a testament to the quality of content and audience being developed.\n\nSaaS sell-through rate: Most transactions I mentioned were one-off products like courses, event tickets, or community subscriptions. Our goal is to move these purchases towards B2B SaaS. We launched our first SaaS tool in May with The Wolf of Franchises. Krokit is a franchise platform that helps franchise owners manage and expand their franchise empires. Workweek developing a software product was largely doubted by most, and the ability to sell it was an even bigger question mark. Today, more than 2.2%+ of The Wolf of Franchise's subscribers have purchased Krokit. Revenue for Krokit continues to grow 5%+ per week.\n\nUnit Economics: The unit economics of the content side of the business (newsletters, podcasts, lead generation) is the best I've ever seen or been a part of. As of 10/31/2023, our LTV:CAC is 11x, and our payback period is less than two months. This has allowed us to grow audiences incredibly fast while improving net margins for the overall business. The content division posted 22%, 28%, and 32% EBITDA margins in the last three months. I’ve built, worked for and advised some of the largest newsletter companies out there today. I don’t know anyone with these numbers with our growth rate/scale.\n\nMy biggest mistakes\n\nAudience dictates financial success: I assumed all great business creators would lead to excellent business outcomes. This was wrong, at least for how Workweek has been operating. We've now worked with numerous creators who are incredible when it comes to creating unique and valuable content, but monetization fell flat.\n\nThe issue was the audience needed more purchasing power or decision-making ability to monetize successfully.\n\nTo provide an example, for audiences with clear decision-making ability, we've had more than 6% of newsletter subscribers make a transaction within 12 months. For those audiences who don’t have purchasing power, that number was less than 1.5%.\n\nThis impacted the LTV:CAC ratio. The audiences without clear purchasing power had a 70% lower LTV:CAC ratio than those who did.\n\nHaving an audience that makes purchasing decisions seems obvious, but it's not discussed enough among creators. Too many creators and operators get caught up in subscriber size or open rates. These metrics are as effective as when we measured pageviews back in the day — not too helpful and can lead to many false signals. We now primarily focus on revenue type (indirect vs direct), RPU, and churn. Those three metrics will tell the story of how successful a brand can be.\n\nThe impact of this finding is that we've ended our relationship with six creators in 2023. This was painful to do. I care for all of them deeply and believe all of them create amazing content. This was the best decision for Workweek and the creators, but that doesn’t make it any easier. \n\nWe also let go of five operators working with creators last week. Some were directly working with the six creators, and others were part of a shift to help us as a business get more focused. \n\nI wish nothing but the best for them and commit to always being a resource for them to lean on. \n\nLack of focus: My other significant mistake was not setting the team up for success by having us go too wide too fast. Workweek didn't have an easy \"copy-and-paste\" model. So, for a while, I felt compelled to say “why not?” instead of “why?”. This attitude allowed us to push boundaries that most would have avoided, but when you find the winning formula, it’s time to double down and focus. I missed that window of decision-making for a period of time in 2022.\n\nIn 2022, we added a new creator every ~three weeks for five months. We also were launching new products and initiatives almost every other week. It was an insane pace. It’s a testament to our team’s work ethic and ability to pull this off.\n\nBut the reality was I didn’t set the team up for success. The team felt they couldn't do their best work due to a lack of focus. We weren't setting creators up to reach their full potential. We weren't paying enough attention to the audience and their needs.\n\nTo turn this problem around, I had to align the team on why we make certain decisions, clear expectations of those decisions, and accountability to those expectations. 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creator economy is alive & well on OnlyFans.\n\nIt's never been able to attract VC money.\n\nNow, as CEO Ami Gan departs, it has 210M users and a valuation of ~$18B.\n\nThey had $2.5B in revenue last year.\n\nHere's why they're winning while other creator platforms spiral: https://t.co/VCbj5T5tU5","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,46],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1579863591590952960","view_count":0,"bookmark_count":39,"created_at":1665503807000,"favorite_count":251,"quote_count":24,"reply_count":41,"retweet_count":27,"user_id_str":"278248976","conversation_id_str":"1579863591590952960","full_text":"Proud to announce the latest news of Workweek:","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[0,278],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[{"display_url":"workweek.com/perpetual","expanded_url":"http://workweek.com/perpetual","url":"https://t.co/2bOHxRMuJ4","indices":[8029,8052]}],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1725211529652339083","view_count":193093,"bookmark_count":125,"created_at":1700157456000,"favorite_count":205,"quote_count":6,"reply_count":40,"retweet_count":18,"user_id_str":"278248976","conversation_id_str":"1725211529652339083","full_text":"Workweek turned two this week. It’s been a crazy journey, and it's hard to believe how far we’ve come.\n\nHere's an honest overview of where we're at as a business, my biggest mistakes, and what’s next.\n\nIf you work in the creator economy, media industry, or care about content to commerce, this may be helpful to you.\n\nReminder of what Workweek's vision is\nThe reality is that we all want to learn from industry experts who have had real success in their industry. There's too much noise on the internet coming from people who don’t know what they're talking about or have little experience in what they claim to be an expert in.\n\nAnd there's a reason why you're not hearing from real experts and operators on a more consistent basis.\n\nThe problem is that most expert operators working in an industry don’t have the financial motivation or security to spend time sharing their insights. And even if the financial motivations are in place, they don’t have the time or expertise to run a media company.\n\nWe call this the knowledge-expert paradox.\n\nIf Workweek can solve the knowledge-expert paradox at scale, it can unlock billions of economic value by helping millions of business leaders have a more successful work week.\n\nHere's where we're at today as a business\n\nRevenue: In September ‘23 (month 22 of the business), Workweek did $1M in revenue, and in October ‘23, we did $1.2M. The business will grow 3X in 2023 from 2022.\n\nCreators at Workweek: They are winning — and winning fast. For context, of the 11 creators we work with, six never had a newsletter before Workweek, and four had never made more than a few thousand dollars as a creator. This speaks a bit to the knowledge-expert paradox. Now, our creators are the top-earning, or one of the top-earning, creators in their respective industries. They're becoming the voice of their industry at an incredibly fast pace, and it's so much fun to watch.\n\nOur work will never stop when it comes to creator success. It's my personal goal for the creators at Workweek to say it was the best professional decision of their lives to work with us. If we meet our own expectations, these creators will make life-changing income while maintaining a healthy balance in their lives.\n\nTo dig into the balance piece, we've had 3 of our 11 creators this year take parental leave. Their revenue and audience growth didn’t slow down, their life wasn't put on hold, and they didn't have to miss those key moments with their family. I don't believe this could happen anywhere else as a content creator, and we’re proud of it.\n\nDiversification of revenue: Our thesis is that the business audiences we are helping creators to grow will purchase products we directly offer them, which will ultimately make advertising a minority share of our revenue. In September and October, ~40% of our revenue was from audience transactions, not advertising. Our existing audience drove 100% of those purchases. This is a huge win and a testament to the quality of content and audience being developed.\n\nSaaS sell-through rate: Most transactions I mentioned were one-off products like courses, event tickets, or community subscriptions. Our goal is to move these purchases towards B2B SaaS. We launched our first SaaS tool in May with The Wolf of Franchises. Krokit is a franchise platform that helps franchise owners manage and expand their franchise empires. Workweek developing a software product was largely doubted by most, and the ability to sell it was an even bigger question mark. Today, more than 2.2%+ of The Wolf of Franchise's subscribers have purchased Krokit. Revenue for Krokit continues to grow 5%+ per week.\n\nUnit Economics: The unit economics of the content side of the business (newsletters, podcasts, lead generation) is the best I've ever seen or been a part of. As of 10/31/2023, our LTV:CAC is 11x, and our payback period is less than two months. This has allowed us to grow audiences incredibly fast while improving net margins for the overall business. The content division posted 22%, 28%, and 32% EBITDA margins in the last three months. I’ve built, worked for and advised some of the largest newsletter companies out there today. I don’t know anyone with these numbers with our growth rate/scale.\n\nMy biggest mistakes\n\nAudience dictates financial success: I assumed all great business creators would lead to excellent business outcomes. This was wrong, at least for how Workweek has been operating. We've now worked with numerous creators who are incredible when it comes to creating unique and valuable content, but monetization fell flat.\n\nThe issue was the audience needed more purchasing power or decision-making ability to monetize successfully.\n\nTo provide an example, for audiences with clear decision-making ability, we've had more than 6% of newsletter subscribers make a transaction within 12 months. For those audiences who don’t have purchasing power, that number was less than 1.5%.\n\nThis impacted the LTV:CAC ratio. The audiences without clear purchasing power had a 70% lower LTV:CAC ratio than those who did.\n\nHaving an audience that makes purchasing decisions seems obvious, but it's not discussed enough among creators. Too many creators and operators get caught up in subscriber size or open rates. These metrics are as effective as when we measured pageviews back in the day — not too helpful and can lead to many false signals. We now primarily focus on revenue type (indirect vs direct), RPU, and churn. Those three metrics will tell the story of how successful a brand can be.\n\nThe impact of this finding is that we've ended our relationship with six creators in 2023. This was painful to do. I care for all of them deeply and believe all of them create amazing content. This was the best decision for Workweek and the creators, but that doesn’t make it any easier. \n\nWe also let go of five operators working with creators last week. Some were directly working with the six creators, and others were part of a shift to help us as a business get more focused. \n\nI wish nothing but the best for them and commit to always being a resource for them to lean on. \n\nLack of focus: My other significant mistake was not setting the team up for success by having us go too wide too fast. Workweek didn't have an easy \"copy-and-paste\" model. So, for a while, I felt compelled to say “why not?” instead of “why?”. This attitude allowed us to push boundaries that most would have avoided, but when you find the winning formula, it’s time to double down and focus. I missed that window of decision-making for a period of time in 2022.\n\nIn 2022, we added a new creator every ~three weeks for five months. We also were launching new products and initiatives almost every other week. It was an insane pace. It’s a testament to our team’s work ethic and ability to pull this off.\n\nBut the reality was I didn’t set the team up for success. The team felt they couldn't do their best work due to a lack of focus. We weren't setting creators up to reach their full potential. We weren't paying enough attention to the audience and their needs.\n\nTo turn this problem around, I had to align the team on why we make certain decisions, clear expectations of those decisions, and accountability to those expectations. This is still a work in progress, but in the last two months, we’ve seen a much higher impact and results.\n\nWhat’s next\n\nIn only two years, we’ve started to change the lives of the creators we work with. We started to see world-class unit economics come to fruition. We started to see these audiences begin to self-organize and evolve into a community. We’ve started to see the product flywheel we envisioned come to life. We started to see a new blueprint for a business model be created.\n\nIn the future, we’re going to continue what we’ve started.\n\nWe will move with more intentionality. We will continue to build on our success. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. It says $20M (minus closing cost) and no equity involved. That alone is disproving this $27M number. \n\nAnd if you want to talk about normal language in investing. No one defines an acquisition offer by inciting employment RSUs granted that weren’t in the docs. And then onyk using a number that uses the absolute highest stock price possible when valuing those RSUs. It’s cherry-picking and misleading. And not conventional. \n\nIf anything, let’s say he is telling the 100% truth. Kinda of a coincidence for a guy who runs a Founders network to make himself look as good as humanely possible when in reality his co-founder, investors, and employees all got way less than that number but he leaves that part out? \n\nSam should be proud of what he built. He took a small conference that Eric and Elizabeth started and turned it into a good business. I give him credit for that and always grateful for my time there and the people I met. 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waiting for someone to call this out. Jesse is spot on. \n\nSo many exaggerations, half truths, and sometimes out right lies told about the founding, building, and exit of Hustle Con Media Inc.\n\nThe more you dig…","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":1,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[11,58],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"1962539268834050048","name":"Dr. Lmfao","screen_name":"dr_lmfao_","indices":[0,10]}]},"favorited":true,"in_reply_to_screen_name":"dr_lmfao_","lang":"en","retweeted":false,"fact_check":null,"id":"1984702441007562979","view_count":10294,"bookmark_count":0,"created_at":1762024910000,"favorite_count":30,"quote_count":0,"reply_count":3,"retweet_count":1,"user_id_str":"278248976","conversation_id_str":"1984699439580123567","full_text":"@dr_lmfao_ Some people are too insecure to tell the truth.","in_reply_to_user_id_str":"1962539268834050048","in_reply_to_status_id_str":"1984701881533313070","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[13,51],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"15350994","name":"rext.in","screen_name":"kamilrextin","indices":[0,12]}]},"favorited":false,"in_reply_to_screen_name":"kamilrextin","lang":"en","retweeted":false,"fact_check":null,"id":"1984728288015626549","view_count":8148,"bookmark_count":1,"created_at":1762031072000,"favorite_count":49,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984699439580123567","full_text":"@kamilrextin 4 years and was President when I left.","in_reply_to_user_id_str":"15350994","in_reply_to_status_id_str":"1984727186994315590","is_quote_status":0,"is_ai":null,"ai_score":null}]},{"label":"2025-11-03","value":10,"startTime":1762041600000,"endTime":1762128000000,"tweets":[{"bookmarked":false,"display_text_range":[8,283],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"24286463","name":"Neville Medhora","screen_name":"nevmed","indices":[0,7]}]},"favorited":false,"in_reply_to_screen_name":"nevmed","lang":"en","retweeted":false,"fact_check":null,"id":"1984775832984817785","view_count":10919,"bookmark_count":21,"created_at":1762042408000,"favorite_count":97,"quote_count":1,"reply_count":7,"retweet_count":1,"user_id_str":"278248976","conversation_id_str":"1984699439580123567","full_text":"Neville, come on. This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. Which is why this rubs so many people that were there the wrong way.","in_reply_to_user_id_str":"24286463","in_reply_to_status_id_str":"1984766381447889253","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,299],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984802835540607248","view_count":3083,"bookmark_count":5,"created_at":1762048846000,"favorite_count":14,"quote_count":0,"reply_count":1,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"If he showed you, then please encourage him to share it publicly. I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. It says $20M (minus closing cost) and no equity involved. That alone is disproving this $27M number. \n\nAnd if you want to talk about normal language in investing. No one defines an acquisition offer by inciting employment RSUs granted that weren’t in the docs. And then onyk using a number that uses the absolute highest stock price possible when valuing those RSUs. It’s cherry-picking and misleading. And not conventional. \n\nIf anything, let’s say he is telling the 100% truth. Kinda of a coincidence for a guy who runs a Founders network to make himself look as good as humanely possible when in reality his co-founder, investors, and employees all got way less than that number but he leaves that part out? \n\nSam should be proud of what he built. He took a small conference that Eric and Elizabeth started and turned it into a good business. I give him credit for that and always grateful for my time there and the people I met. 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Or something else?","in_reply_to_user_id_str":"4215921","in_reply_to_status_id_str":"1986095484608336160","is_quote_status":0,"is_ai":null,"ai_score":null}]},{"label":"2025-11-07","value":0,"startTime":1762387200000,"endTime":1762473600000,"tweets":[]},{"label":"2025-11-08","value":0,"startTime":1762473600000,"endTime":1762560000000,"tweets":[]},{"label":"2025-11-09","value":0,"startTime":1762560000000,"endTime":1762646400000,"tweets":[]},{"label":"2025-11-10","value":0,"startTime":1762646400000,"endTime":1762732800000,"tweets":[]},{"label":"2025-11-11","value":1,"startTime":1762732800000,"endTime":1762819200000,"tweets":[{"bookmarked":false,"display_text_range":[19,255],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"19829693","name":"Dan Shipper 📧","screen_name":"danshipper","indices":[0,11]},{"id_str":"809565356","name":"Every 📧","screen_name":"every","indices":[12,18]}]},"favorited":false,"in_reply_to_screen_name":"danshipper","lang":"en","retweeted":false,"fact_check":null,"id":"1987905442366799902","view_count":5939,"bookmark_count":2,"created_at":1762788565000,"favorite_count":40,"quote_count":0,"reply_count":1,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1987898914431811659","full_text":"@danshipper @every 1) When you have this success it will bring on a ton of competitors. The best way to make the moat wide and daunting is to have a huge pool of capital. \n2) it’s not too dilutive. Pretty wild valuation. \n3) I’m sure there was 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. 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This is so easily disproven with paperwork signed by all of us.\n\nThe entire “merger agreement” was structured as an all-cash acquisition for $20M - closing costs. The agreement contains no stock-for-stock exchanges, equity considerations, or any issuance of shares by HubSpot.\n\nAlso, MFM was owned by Hustle Con Media Inc. I know because Shaan and I fought over it endlessly. Any asset value of MFM had to be included in the agreement. \n\nI’m know there were RSUs in place for employees, including the talent. For some it may have been a few million for a few years of work. The stock is up 20-25% since the date of the acquisition. The stock was doubled 12 months after the acquisition. Who knows when someone sold it, but no matter what this was employee comp not how much a company sold for.\n\nEither way, none of it adds up to $40M. And the only reason why this all matters to me is many employees got screwed in the transaction and some investors got screwed all to maximize the return for one person. 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I’m genuinely saying it would be best. \n\nI’m only being a voice for the people who invested at the SeedInvest round who were told this by SeedInvest when they received a 2x return of their investment despite investing at a $6.5M cap. See comms from SeedInvest below. \n\nMany employees also got screwed (see Kendall Bakers tweet). My tweet was also supported by many former employees. \n\nThis isnt a gotcha moment. This is people who put their hard earned money or valuable time into building this business and feeling like they got the short end of the stick back then by questionable financial engineering. So 4 years later a MUCH larger number bring bragged about by the person who did that engineering makes people rightfully ask questions. \n\nIf you have the answers let’s see it! Would be helpful for all parties. \n\n“Hi there,\nBella from SeedInvest here, following up. Investors were given the greater of either 2x their originally principal invested or what they would have received had they converted at the valuation cap of $6.5M which in this case the greater amounted to 2x your original principal.\nSeparately, we understand that the company was incorrectly rumored as being acquired for $27m in various publications. Keep in mind that, even if say your note converted at a $6.5m valuation cap and the company was indeed acquired at a $27m acquisition price, this would not necessarily result in a greater than 2x return as it does not account for actual shares prices, or other note holders or investors that may have caused dilution upon conversion.\n\nPlease know that our general counsel and the head of our investment committee confirmed via their own calculations that the outcome that you enjoyed was the more favorable path here. Based upon the transaction structure and the need to pay off outstanding company debt as part of the acquisition, the payout you would have received if conversion at the valuation cap had occurred would have been less than half of what was actually received through the 2x participation route.”","in_reply_to_user_id_str":"339061487","in_reply_to_status_id_str":"1984792132578918828","is_quote_status":0,"is_ai":null,"ai_score":null},{"bookmarked":false,"display_text_range":[26,306],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"339061487","name":"Anthony Pompliano 🌪","screen_name":"APompliano","indices":[0,11]},{"id_str":"2280398041","name":"Jesse Tinsley","screen_name":"JesseTinsley","indices":[12,25]}]},"favorited":true,"in_reply_to_screen_name":"APompliano","lang":"en","retweeted":false,"fact_check":null,"id":"1984810066373947878","view_count":2191,"bookmark_count":9,"created_at":1762050570000,"favorite_count":25,"quote_count":0,"reply_count":2,"retweet_count":0,"user_id_str":"278248976","conversation_id_str":"1984639958855139672","full_text":"Pomp I have the merger agreement because I signed it. It says $20M (minus closing cost) and no equity involved. That alone is disproving this $27M number. \n\nAnd if you want to talk about normal language in investing. No one defines an acquisition offer by inciting employment RSUs granted that weren’t in the docs. And then onyk using a number that uses the absolute highest stock price possible when valuing those RSUs. It’s cherry-picking and misleading. And not conventional. \n\nIf anything, let’s say he is telling the 100% truth. Kinda of a coincidence for a guy who runs a Founders network to make himself look as good as humanely possible when in reality his co-founder, investors, and employees all got way less than that number but he leaves that part out? \n\nSam should be proud of what he built. He took a small conference that Eric and Elizabeth started and turned it into a good business. I give him credit for that and always grateful for my time there and the people I met. 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