A number of ex-Morning Brew staff members say they’ve raised money to start a new newsletter platform dubbed beehiiv, Axios reports.
The move comes after Facebook and Twitter have started Substack rivals. Google may also get into the newsletter game, Axios points out.
The effort is led by former Morning Brew employees Tyler Denk, Benjamin Hargett and Jake Hurd. The funding round is led by Social Leverage, other funds and angel investors.
Beehiiv intends to offer more access by November, says Axios.
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