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A Medium Corporation

A Medium Corporation was founded in 2012 by Ev Williams, previously a co-founder of Blogger and Twitter.

A Medium Corporation

A Medium Corporation was founded in 2012 by Ev Williams, previously a co-founder of Blogger and Twitter. Williams served as CEO until 2021, when he was succeeded by Tony Stubblebine, who had been running the company's editorial partnership program. Medium started as a blogging platform and pivoted in 2017 to a subscription model, eliminating most advertising. The company operates a dual-sided marketplace: readers pay $5/month or $50/year for unlimited access, while writers earn payments based on member reading time. Medium's content spans journalism, personal essays, and technical writing, with no single sector dominating. The firm has raised $163M in venture funding from investors including Andreessen Horowitz, Greylock Partners, and Obvious Ventures (per public record). It does not publish AUM or investment activities. Medium employs roughly 200 people, primarily in San Francisco. The company reported profitability for the first time in 2021, with annual revenue estimated at over $50M (per public record). In February 2023, Medium laid off 7% of its staff, affecting about 15 employees (per multiple press reports). The firm also operates a content-licensing arm and a newsletter product. Medium's structural differentiator is its subscription-only model in a market dominated by ad-supported publishing. Its CEO Tony Stubblebine came from the editorial side, not finance, giving the firm an unusual operator background. The company has no disclosed investment mandate or family office structure; its corporate surplus is reinvested into platform development.

Website
medium.com

General information

Firm type

other

Year founded

2012

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Ev Williams

Co-founder & CEO (2012–2021)

Tony Stubblebine

CEO (2021–present)

Sector focus

Media & EntertainmentEnterprise Software

Frequently asked questions

Who made the investment decisions at A Medium Corporation?

A Medium Corporation is a publishing company, not an investment firm. It does not manage third-party capital or make institutional investments. The firm's capital allocation decisions are made by its CEO and board, focusing on product development, content acquisition, and operational expenses.

How does A Medium Corporation generate revenue?

Medium generates revenue through a subscription model: readers pay $5/month or $50/year for unlimited access to all stories. Writers earn a share of subscription revenue based on member reading time. The company eliminated most advertising after its 2017 pivot to a subscription-first model (per public record).

Is A Medium Corporation structured as a family office?

No. A Medium Corporation is a for-profit C corporation headquartered in San Francisco. It was founded by Ev Williams and has raised venture capital from institutional investors. It has no disclosed investment portfolio or family-office functions.

What stages of companies does A Medium Corporation invest in?

A Medium Corporation does not make external investments. It is a publishing platform that reinvests its revenue into product improvements, content licensing, and operational scaling. It has no venture capital or private equity arm.

Where does A Medium Corporation's underlying wealth come from?

A Medium Corporation's funding came from venture capital rounds totaling $163M from firms such as Andreessen Horowitz, Greylock Partners, and Obvious Ventures (per public record). Its ongoing revenue derives from subscription payments. The company has never disclosed individual shareholders' wealth origins.

Does A Medium Corporation maintain a philanthropic foundation?

A Medium Corporation does not publicly operate a separate philanthropic foundation. The firm's social impact is tied to its platform mission of democratizing access to quality writing. No philanthropic vehicles are disclosed in public filings.

What investment sectors does A Medium Corporation explicitly avoid?

As a non-investment entity, A Medium Corporation does not maintain an avoidance list. The firm focuses exclusively on operating its publishing platform and has no investment mandate in any sector.

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