@ShaanVP spread lies and misinformation about me on the My First Milion Podcast today.
Here's what actually happened:
First off, I don’t want to air out dry laundry in public.
But when Shaan Puri talks shit about you on a podcast with 100k+ downloads – I have no choice but to defend myself.
On to the story:
I worked with Shaan on Milk Road from Feb 2022 to Dec 2022.
I was the first hire. My job was to help them grow with paid ads.
It went great.
I drove over 163,000 subscribers with Facebook and TikTok ads.
During our best months, our cost per subscriber (CPA) was <$1.00.
(A $1 is extremely good)
I also set up their co-reg affiliate marketing - this drove 60k+ subscribers.
On the MFM pod today Shaan said this:
“There’s a guy [Matt McGarry] that worked for you and worked for us at Milk Road who’s telling every newsletter – ‘I’m the key to the growth of The Hustle, Milk Road, of everybody's f*cking newsletter company. I did it. I’m the best."
This is a gross exaggeration.
Here’s what I’ve actually said:
- I did paid growth for Milk Road and The Hustle.
- I’ve helped Milk Road grow from 10k subscribers to over 250k
- The paid growth I did for Milk Road drove over 85% of their growth
Shaan goes on to say…
“For us [Milk Road] this guy is massively overstating what he did.”
I’m not overstating. Those are the facts.
- 163,000+ subscribers from Facebook and TikTok ads
- 60,000+ subscribers from co-reg affiliate marketing
= 223,000+ subscribers from paid acquisition
That’s 89% of the 250,000 subscribers Milk Road had in Dec 2022.
Did I do everything for Milk Road?
No, and I never claimed to.
There’s more…
Shaan Puri:
“This guy does this sales deck that says like – ‘I did everything for Milk Road. I figured it all out. I did all these things.’ Is that legit? I’m like no.”
I don’t have a sales deck and never have.
I've only said what I actually did on Twitter & on client calls.
Shaan Puri:
“When we sold the company, he went and put up a Twitter thread saying: ‘Milk Road sold, and here are all the things that they do to grow’ “We asked him to take it down… he tried to say no again and I was like wow… that is insanely unprofessional”
I did write a thread about Milk Road’s growth after the sale was announced.
3/ I never got a private “thank you” from Shaan or Milk Road.
Of the 25 newsletters I’ve worked with, Milk Road was the worst…
They were always demanding, and rarely grateful for anything.
I felt disrespected.
I knew I was burning bridges before posting the thread.
Yet, in the thread, I shared general information.
Nothing that could hurt Milk Road.
Back to Shaan’s lies in the podcast:
Shaan Puri: “More than 50% of our subscribers [for Milk Road] were organic.”
Not true. Not even close.
But to be fair, I don’t expect Shann to know the numbers well.
Milk Road was a part-time thing for him and he didn’t lead growth.
Shaan Puri: “He [Matt] was the one who has like… co-reg we should do this. And we tried it…”
I set VERY clear expectations about co-reg:
- It's cheap growth NOT a high-quality
- These subs have low intent and low CTR
- Test co-reg with a small percentage of our budget
Back to Shaan…
“Let’s test this co-reg thing… [To gauge subscriber quality] We sent them an email that said ‘If you read the Milk Road and you like it, reply’... I think we literally got like 3 replies.”
As expected.
I made it clear that co-reg was a way to get cheap subscribers.
It will not lead to high-quality subscribers, that click ads, reply, or buy products.
Then Shaan says something completely untrue:
“That same guy [Matt] goes and peddles that [co-reg] to all the other newsletters”
That’s just a lie or complete ignorance.
My agency GrowLetter has worked with 25+ newsletters.
We helped just 3 newsletters with co-reg.
I’m very clear on how to use co-reg.
And I don’t recommend it for 99% of newsletters.
Instead, GrowLetter helps newsletters get high-quality with Facebook, Twitter, and TikTok ads.
I wish I didn’t need to post this.
But in the small newsletter community, everybody knows everyone.
Shaan’s using his platform to make me look like a lying asshole.
It’s not true.
I’ve worked hard to help newsletters and share true information that actually helps people.
• • •
Missing some Tweet in this thread? You can try to
force a refresh