4.6 • 2.7K Ratings
🗓️ 18 December 2024
⏱️ 55 minutes
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0:00.0 | This one was really personal to me because I feel like I was betrayed. |
0:13.1 | So we've done podcasts before about self-publishing, in particular, about what I thought was a genius business model, started by Tucker Max, |
0:25.3 | and then the CEO was J.T. McCormick. J.T. was like, you know, had this incredible story. He was the |
0:34.7 | son of a pimp. He rose up to be a great CEO. It was like CEO |
0:37.7 | of the year. It was winning awards. And he was the CEO of Scribe Media. Tucker brought him in. |
0:43.1 | And I did at least two podcasts with him. I really liked him. But you just never know about people |
0:49.7 | sometimes. And look, who knows what the final record of this will say. But basically, Scribe Media |
0:57.0 | went totally bankrupt. Tons of books are published there. Like David Gagin's books are published |
1:02.6 | there. I've had many friends who've had books published there. I can't even list all the |
1:07.0 | books that I know. But if you look up Scribe Media, you'll know half the authors. They're all |
1:12.1 | huge, big authors. And it was kind of like this cross between self-publishing and publishing. |
1:17.3 | It was, again, a really great idea, started by Tucker. And then after a few years, Tucker, |
1:23.2 | and look, I worked hard with Tucker on it. Like I would, we would do podcasts about it. |
1:28.0 | And we were, you know, my book was essentially, choose yourself was the first book published, |
1:35.1 | not underscry media, but under that model of like professional self-publishing. |
1:39.6 | And then J.T. just sort of, I don't know, he disappeared. |
1:46.8 | And, you know, I guess there's going to be court cases about it. |
1:51.0 | And there's a lot of things where I should use the word alleged about it. |
1:56.0 | And everybody thought Scribe was gone. |
1:58.3 | But then Eric Jorgensen, who I had never met, but we knew each other roughly, |
2:05.7 | Eric Jorgensen took over the company. He bought the assets. There was basically almost nothing to buy, |
2:14.0 | but he bought the assets, rehired as many people as he could, saved as many |
... |
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