Social media star Caspar Lee on quitting YouTube for entrepreneurship


Dana Alomar
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Caspar Lee, the YouTube star turned investor, has spoken of why he quit social media for the world of business – and how other content creators can make the switch.

The 30-year-old British-South African transitioned into the business world and is building a portfolio of companies within the creator economy, with offices in Dubai and Riyadh.

His company, Influencer.com, bills itself as the original influencer marketing agency, helping budding stars transition into paid work. The biggest challenge is often giving influencers longevity, given the fickle and fast-changing nature of the industry.

“While I was doing my YouTube videos, I was launching various things, and two of them – Influencer.com and MVE – started doing really well,” he told The National on the sidelines of the first day of the 1 Billion Followers Summit in Dubai.

  • The 1 Billion Followers Summit, the world’s first and largest event dedicated to shaping the content creation economy, got under way in Dubai on Saturday. All photos: Antonie Robertson / The National
    The 1 Billion Followers Summit, the world’s first and largest event dedicated to shaping the content creation economy, got under way in Dubai on Saturday. All photos: Antonie Robertson / The National
  • American commentator Tucker Carlson was at the summit
    American commentator Tucker Carlson was at the summit
  • Journalists Taylor Lorenz and Jane Ferguson discuss managing misinformation and disinformation
    Journalists Taylor Lorenz and Jane Ferguson discuss managing misinformation and disinformation
  • The three-day event is taking place at Dubai's Emirates Towers, the Dubai International Financial Centre and the Museum of the Future
    The three-day event is taking place at Dubai's Emirates Towers, the Dubai International Financial Centre and the Museum of the Future
  • This year's summit is the third edition
    This year's summit is the third edition
  • More than 15,000 content creators and 420 speakers are expected
    More than 15,000 content creators and 420 speakers are expected
  • Top influencers and industry experts will also be in attendance
    Top influencers and industry experts will also be in attendance
  • This year's summit aims to advance the content economy
    This year's summit aims to advance the content economy
  • The event will feature more than 420 keynote speakers, including more than 125 chief executives and global experts
    The event will feature more than 420 keynote speakers, including more than 125 chief executives and global experts
  • The summit features more than 340 sessions
    The summit features more than 340 sessions
  • Sessions will include keynote addresses, roundtables, interactive discussions and training workshops
    Sessions will include keynote addresses, roundtables, interactive discussions and training workshops
  • Discussions will focus on trends in digital media, best practices, and advancements in business, economy, investment, and content creation
    Discussions will focus on trends in digital media, best practices, and advancements in business, economy, investment, and content creation
  • The world’s leading social media platforms, including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta will discuss the future of the industry
    The world’s leading social media platforms, including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta will discuss the future of the industry
  • Platform representatives, influencers, and content creators will also exchange ideas
    Platform representatives, influencers, and content creators will also exchange ideas
  • The summit will also announce the winner of the One Billion Award, a $1 million prize deemed the world’s largest and most valuable for content creators
    The summit will also announce the winner of the One Billion Award, a $1 million prize deemed the world’s largest and most valuable for content creators
  • The award aims to celebrate creators whose content inspires positive change, fosters unity, and shapes future generations
    The award aims to celebrate creators whose content inspires positive change, fosters unity, and shapes future generations
  • Ahmed Aboushabab, deputy head of creative at IMI and Sky News Arabia, addresses the crowds
    Ahmed Aboushabab, deputy head of creative at IMI and Sky News Arabia, addresses the crowds
  • The event is organised by the UAE Government Media Office under the theme 'Content For Good'
    The event is organised by the UAE Government Media Office under the theme 'Content For Good'

“Being a creator is entrepreneurial in itself,” he added.

Lee, who has over six million subscribers on YouTube, decided to shift his focus from entertainment to business and entrepreneurship.

“To do YouTube really well, you have to focus on it, and to do business really well, you have to focus on it. So I had to choose,” he said.

Lee co-founded Influencer.com in 2017 as a marketing platform, which now employs more than 150 people globally.

A year later, he partnered with fellow YouTuber Joe Suggs to launch the talent management company MVE. The company manages 50 creators in Los Angeles and London. He then stopped working on YouTube in 2019. The decision to transition wasn't easy, he said.

“The hardest resistance I faced was within myself,” he said, noting that those around him were supportive when he decided to move into business.

“People have always been quite nice because when you're a creator, people are quite nice to you,” he said.

However, this kindness sometimes left him feeling unsure. “Everyone's saying you're good. I'm like, maybe they don't mean that.”

'So stressed'

Lee highlighted that one of his first steps in entering the business world was identifying and collaborating with talented individuals.

“The steps are finding people who are really talented and somehow getting them to work with you and convincing them to be your partner,” he said.

He credits his success to collaborating with Ben Jeffries, co-founder and chief executive of Influencer.com, and the team at MVE Management.

Following his success with the website, Lee featured on Forbes' 2020 “30 Under 30" list in Europe.

When reflecting on what he wished he had known when entering the corporate world, Lee emphasised the importance of not sweating the small stuff.

“I wish I didn't get so stressed over scenarios that I thought at the time were the biggest deal in the world,” he said. “I can't even remember 95 per cent of them today.”

Lee has recently turned his attention to Creator Ventures, a London-based venture capital firm he co-founded in 2022 with his cousin Sasha Kaletsky, a former private equity expert at Bridgepoint.

The firm raised $20 million in its first funding round to support global consumer-internet start-ups, including AI-driven language learning app Praktika and newsletter platform Beehiiv.

When asked what sets a creator-led business apart, Lee said: “The real standout happens when a product goes beyond the creator's audience, attracting people who don't know about their videos. That kind of traction is exciting.”

Lee's journey exemplifies the broader shift within the creator economy, now valued at $250 billion and projected to grow to $480 billion by 2027, according to Goldman Sachs.

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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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The biog:

Favourite book: The Leader Who Had No Title by Robin Sharma

Pet Peeve: Racism 

Proudest moment: Graduating from Sorbonne 

What puts her off: Dishonesty in all its forms

Happiest period in her life: The beginning of her 30s

Favourite movie: "I have two. The Pursuit of Happiness and Homeless to Harvard"

Role model: Everyone. A child can be my role model 

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Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

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if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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THE TWIN BIO

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Their favourite food: Khaleeji

Their favourite past-time : walking on the beach

Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll

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Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

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Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

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Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

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Price: expected to start at Dh1,432,000

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4.35pm: Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m; Winner: Walton Street, William Buick, Charlie Appleby

5.10pm: Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m; Winner: Canvassed, Pat Dobbs, Doug Watson

5.45pm: Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m; Winner: Midnight Sands, Pat Dobbs, Doug Watson

6.20pm: Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m; Winner: Lord Glitters, Daniel Tudhope, David O’Meara

6.55pm: Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

7.30pm: Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m; Winner: Final Song, Frankie Dettori, Saeed bin Suroor

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Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
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Engine: 51.5kW electric motor

Range: 400km

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Updated: January 12, 2025, 5:52 AM