Beehiiv investment
This is a cross-post to make my beehiiv investment public as also seen on my other website: https://tiagosilvahq.com/beehiiv-investment
TL;DR:
- this is my disclaimer after i completed my investment in beehiiv.
- this will not change my opinion about beehiiv because i'm an investor.
- the trust people put in my recommendations is the most important thing, and i will not put this "small" investment over my opinions.
what happened
i have completed an investment in beehiiv via their community series b.
since i review and cover beehiiv a lot on my blog and YouTube channel, i want to make this information public.
why i invested
i showed interest and invested because i believe that the company will do well.
for more than 1 year, beehiiv was already my highest-rated platform, and that's why i took this opportunity.
in total, my investment was small for 2 reasons: one, the demand for this community round was so high they beehiiv reduced my reserve amount; and second, i only invested what i was comfortable "to lose".
that second part was essential because if everything go to zero, i would not even notice the absence of this money. so this reduces stress by a lot.
on the other side, if it pays off, i could make some nice money (even though it won't be life-changing).
even if i 20x my initial investment, that should not be enough to buy a new car (think about an average car).
for context, the total investment is less than my monthly rent and represents less than 5% of my investments at the time of the investment.
this should give you an idea that from the 1 million beehiiv raised, my part was a drop in the ocean.
what are the consequences of this investment?
this investment will not change my opinion of beehiiv. nor will it change me suggesting other platforms over them for some things when i believe other platforms are better.
i still prefer Ghost CMS for my blog at the time of writing, for example.
however, i am a fan of beehiiv and how they are developing to become one of the best newsletter tools for creators.
i am just taking an opportunity that was available.
it's like i would also have invested in [insert great company here] in the past if i had the chance and felt they would turn out great.
beehiiv is a great tool, and i really believe they will keep getting better.
they are basically relentless by pushing out new updates almost every week.
now, you might be asking: doesn't this cause a conflict of interest?
in short: yes and no.
yes, because on one side, when i am recommending beehiiv from this point forward, i may benefit from it as an affiliate and investor. that's a fact.
on the other side: no, because i will not recommend beehiiv more than what i do now because i will profit from it.
i know this is just my word, but i will let my actions speak for myself and prove that i deserve the trust if/when people trust my opinion.
and trust is essential.
i don't intend on breaking the trust people have in me and my opinions as a creator in this space.
i will do my best to keep giving the best advice i can without pushing out bad stuff just to make a quick buck.
Tiago