Tag Archives: venture-capital

Silicon Valley Brings Together Industry Heavy-Hitters for Technical…

Silicon Valley Association for Unmanned Vehicle Systems International Hosting Industry Heavy Hitters In UAM, Drones, Remote ID, Venture Capital and more for All About Autonomy 2019 - Feb 28 - 3/1. (PRWeb February 07, 2019) Read the full story at https://www.prweb.com/releases/silicon_valley_brings_together_industry_heavy_hitters_for_technical_discussions_surrounding_state_of_unmanned_industry_and_autonomy_at_all_about_autonomy_symposium_2019/prweb16087178.htm

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Spotify reportedly in “advanced stages” of acquiring podcast company for $230M

Enlarge (credit: Spotify / Gimlet) Multiple outlets, citing unnamed sources, reported on Friday that Spotify is in the "advanced stages" of acquiring a leading podcast production company. The rumored deal is no slouch: $230 million to acquire Gimlet Media , the company responsible for highly trafficked podcasts such as  Reply All , Science Vs. , and StartUp . Recode and the Wall Street Journal each reported a Gimlet bid from Spotify in the neighborhood of "over $200 million." That number was later clarified by Hot Pod newsletter author Nick Quah to be closer to $230 million. All three reports point out that the deal has not been completed. The reports include a reminder that Gimlet's last public valuation, based on venture capital funding, hovered somewhere around $70 million in August 2017. Spotify has previously acquired smaller music- and streaming-related companies, including the music-rights data firm Loudr.fm and the virtual studio service Soundtrap ., but neither acquisition's cost has been publicly announced (nor have either of those been rumored to be anywhere near $230 million). More importantly, those acquisitions have revolved around platforms and technologies, not potentially exclusive series and content. Read 2 remaining paragraphs | Comments

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