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Hot right now: Airbnb cut marketing by $446M and grew anyway
Startups

Growth that paid for itself, and growth that did not

S-1s and early 10-Ks, where a marketing budget is still large enough relative to revenue to show up clearly in the numbers.

2 full pieces·2 in total
How this category is written

Young companies publish their spending before they have learned to bury it. That makes the early filings the clearest place to see what an acquisition budget really bought.

Startups — every piece

All 2 published in this category, filterable by format and sortable four ways

Startups by the numbers

Every figure below is drawn from the pieces above, and each of those links to its own sources
Two cards summarising the Startups pieces: Blue Apron revenue down 48% across two years of heavy marketing, and Warby Parker growing 29% while its marketing share came down.
Drawn by [BRAND NAME] from the index behind this site.
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