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Gimlet Media
Gimlet Media LLC was a digital media company and podcast network, focused on producing narrative podcasts and headquartered in Brooklyn, New York. The company was founded in 2014 by Alex Blumberg and Matthew Lieber, who served as the company's CEO and president respectively until both left the company in 2022. In February 2019, Spotify announced it had entered into a definitive agreement to acquire Gimlet for $230 million. In 2023, Spotify announced that they were merging Gimlet and Parcast into Spotify Studios. History Gimlet was founded in August 2014 with the launch of its flagship podcast ''StartUp'' hosted by Alex Blumberg. Originally billed as the American Podcasting Corporation (APC), Blumberg was eventually convinced to change the company's name. After working with Lexicon Branding, Blumberg and Lieber chose the name Gimlet Media. The company raised $1.5 million in seed funding at a $10 million valuation. After raising most of its initial capital from investment fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seed Money
Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, venture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spotify And Unions
Spotify (; ) is a Swedish audio streaming and media service provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. , it is one of the largest providers of music streaming services, with over 678 million monthly active users comprising 268 million paying subscribers. Spotify is listed (through a Luxembourg City–domiciled holding company, Spotify Technology S.A.) on the New York Stock Exchange in the form of American depositary receipts. Spotify offers digital copyright restricted recorded audio content, including more than 100 million songs and 7 million podcast titles, from record labels and media companies. Operating as a freemium service, the basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists. It offers some social media feature ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WPP Plc
WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It is the world's largest advertising company, as of 2023. WPP plc owns many companies, which include advertising, public relations, media, and market research networks such as AKQA, BCW, CMI Media Group, EssenceMediacom, Grey, Hill & Knowlton, Mindshare, Ogilvy, VML, Wavemaker, and WPP Media. It is one of the "Big Four" agency companies, alongside Publicis, The Interpublic Group of Companies, and Omnicom Group. WPP has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History The company was founded as Wire and Plastic Products plc to manufacture wire shopping baskets in 1971. In 1985 Martin Sorrell and Preston Rabl, searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake. In 1986, WPP became the parent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graham Holdings Company
Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of ''The Washington Post'' newspaper and ''Newsweek'' magazine. Its current holdings include the digital marketing company Code3 (formerly SocialCode); online and print media entities including ''Slate Magazine'', ''Foreign Policy'' through the FP Group, which includes ''Foreign Policy'' magazine and ForeignPolicy.com), Graham Media Group (formerly Post-Newsweek Stations), a group of seven television stations; education company Kaplan; manufacturing operations including Hoover Treated Wood Products, Dekko, Joyce/Dayton Corp, Forney Corporation; Graham Healthcare Group, which provides home health, hospice and palliative care services through joint ventures with health systems and physicians groupsHolly Vossel, as well as other services; Graham Automotive, whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emerson Collective
Emerson Collective is an organization focused on education, immigration reform, the environment, media and journalism, and health. Founded by billionaire philanthropist Laurene Powell Jobs, the collective, which operates under a limited liability company (LLC) model, uses philanthropy, impact investing, advocacy, and community engagement as tools to broadly spur change in the United States and abroad. The organization is considered to be one of the leading groups engaged in philanthrocapitalism. One of its most high-profile acquisitions was its majority interest in ''The Atlantic'' magazine in 2017. History Emerson Collective was founded in 2004 by Laurene Powell Jobs in Palo Alto, California. Named after transcendentalist writer Ralph Waldo Emerson, the organization says its mission is to do the greatest amount of good for the greatest number of people. In 1997, Powell Jobs had co-founded, together with Carlos Watson, the nonprofit organization College Track, a college com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stripes Group
Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.Commercial Observer: Check Out Stripes Group’s New Home at 402 West 13th Street as accessed on March 24, 2014. In 2024, Stripes has US$7 billion of and more than 80 investments. Notable investments include , , < ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Round
A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or Project stakeholder, stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor. *Follow-on or piggyback investors. Typically angel investors, high-net worth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nazanin Rafsanjani
Nazanin Rafsanjani is an American television and radio producer. She was the head of new show development for Gimlet Media until 2020, and before that served as Gimlet's creative director and a senior producer for '' The Rachel Maddow Show''. Education Rafsanjani received her bachelor’s degree from UC Berkeley and completed her master’s in journalism at Columbia University. Career In 2006, Rafsanjani reported on the Caspian Sea region as a NPR-Bucksbaum International Reporting Fellow. She was a producer at WNYC in 2010, then worked for MSNBC as a senior producer for ''The Rachel Maddow Show''. She has also contributed to This American Life. Rafsanjani was featured in the first season of Gimlet's podcast ''StartUp'', consulting with her husband Alex Blumberg as he launched a media company then called American Podcasting Corporation. As the business grew, Rafsanjani elected to join the team to develop branded podcasts (podcasts produced by Gimlet on behalf of advertiser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rachel Maddow Show
''The Rachel Maddow Show'' (also abbreviated ''TRMS'') is an American news television program that airs on MSNBC, running in the 9:00 pm ET time slot Monday evenings. It is hosted by Rachel Maddow, who gained a public profile via her frequent appearances as a progressive pundit on programs aired by MSNBC. It is based on her former radio show of the same name. The show debuted on September 8, 2008. History ''The Rachel Maddow Show'' premiered on September 8, 2008. Keith Olbermann, then host of MSNBC's ''Countdown with Keith Olbermann'', was Maddow's first guest. Olbermann has been credited for persuading MSNBC to give Maddow her own program. Maddow had served as a regular guest host for ''Countdown'' when Olbermann was absent. ''The Rachel Maddow Show'' replaced ''Verdict with Dan Abrams''. In a 2019 segment about One America News Network (OANN), Maddow called the network "literally ..paid Russian propaganda" based upon a ''Daily Beast'' article which reported that an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slack (software)
Slack is a Cloud computing, cloud-based team communication platform developed by Slack Technologies, which has been owned by Salesforce since 2020. Slack uses a freemium, freemium model. Slack is primarily offered as a business-to-business service, with its userbase being predominantly team-based businesses while its functionalities are focused primarily on business administration and communication. History Slack originated as an internal communication tool used within Stewart Butterfield's company Tiny Speck, during its work on the development of ''Glitch (video game), Glitch'', an online video game. These communication tools were initially built around the Internet Relay Chat (IRC) protocol and included scripts designed to automate and organize file exchanges among its development team. By October 2012, Stewart Butterfield realized that ''Glitch'' was not going to bring necessary profits. As a result, he decided to change the direction of his company and repurpose the communic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Series A Round
A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
