Nerd Wallet / When to Quit

Hey guys - on a recent MFM pod, they detailed the unique story of NerdWallet: luck against all odds or a belief in triumph of quality? Would you have stayed the course? The site started amidst GFC looking to churn out high-quality unbiased content (like advice on best credit card to choose) but was initially punished by Google's search algo. The founders kept at it for years despite low uniques, against all likely markers of failure/needing to pivot and embrace the seemingly only viable but unappetizing way of doing biz. Year 2 = only 60k rev. Finally - sheer persistence pays off, Google changes its algo to reward quality, "visitor numbers and revenue tripling from month-to-month at one point in mid-2010". Site reached $500mm valuation in '18... true, it relies partly on kickbacks from fin. services companies - but this would not be possible were they not seen as trustworthy by readers. In a sense, they kicked off the push for transparency in finance which has fueled crypto, RH, etc. (https://podcasts.apple.com/us/po... https://www.cnbc.com/2018/05/09/...)