Biography:
Mike Dudas is the founder and CEO of leading blockchain and cryptocurrency-focused media publication The Block, which he founded in 2018. Dudas’s professional portfolio includes executive roles in companies such as Google, The Walt Disney Company and Venmo. In 2014, Dudas co-founded partnership platform for mobile commerce Button, from which he stepped down in 2018.
Mike Dudas's 2019:
Since founding The Block in 2018, Dudas and his team have rapidly built the site into one of the highest regarded digital asset media publications in the industry with a subscription-based business model that caters to investors looking for detailed analysis and insight into the teams and technologies in the space. In April 2019, it was revealed that the team was seeking $1.75 million investment to expand its coverage and maintain a substantial burn rate. Throughout the year, Dudas spoke at various conferences including Deconomy, Paris Blockchain Week, Asian Blockchain Summit, and MoneyConf Web Summit.
What Cointelegraph expects for 2020:
The Block will have to not only maintain the momentum it has gained since its inception in 2018, but will have to rapidly grow and adapt its business model to secure runway. Their goal is to see $2 million in revenue in 2020 with the majority coming from subscriptions and the rest from a combination of ad revenue and events. With a 2020 budget of $4.2 million, Dudas and team will continue tightening the bolts on the The Block. We expect them to continue delivering high-grade analysis of the blockchain space throughout this new year.