Climbing to New Lows was a demo album that inadvertently became the first full album release of MGMT, at the time known as "The Management". It was their last release as The Management. In 2004, the group had changed their name to MGMT and signed with Cantora Records for their first official release, the Time to Pretend EP on August 30, 2005.Climbing to New Lows was intended only as a demo album that leaked on to the Internet in 2005. It featured some tracks from their self-released We (Don't) Care EP in 2004, like "We Care", "We Don't Care", "Grutu (Just Becuz)" and "Kids".
"Climbing to New Lows—a catchy demo set from their undergrad days—will make anyone see what attracted the bigwigs at Columbia in the first place. With music and lyrics centered around innocence and sincerity..." – Andrea Domanick, Tiny Mix Tapes Reviews