Quartz sets weekly membership addition record

Quartz enjoyed its best week ever for membership last week, adding nearly 1,200 new members.

The signups came after Quartz announced it was being acquired in a management buyout by its CEO and co-founder Zach Seward.

Quartz now has more than 25,000 paying members globally.

In a letter to readers last week, Seward explained how Quartz is putting its values front-and-center in the company’s mission: Make business better. “We believe companies should solve real problems without creating new ones. The global economy must be as inclusive as it is innovative, balance financial incentives with the needs of our planet, and elevate leaders who act with integrity, empathy, and foresight,” he wrote.

“These ideas come to life at Quartz through our obsessions, like Fixing Capitalism and The Climate Economy; through our field guides for members, like recent ones on building anti-racist companies and the future of America’s H-1B visa; through Quartz at Work’s practical workshops on building better companies; through the work of Quartz Africa, which covers innovation across the continent; and through Quartz India, our guide to the world’s largest democracy. We try to live our values every day in our choices about what to cover and how. These are difficult problems, but with the right knowledge and conviction, we really can make business better.”

The financial news site began myriad activities aimed at engaging existing members and finding new ones.