He financed his first acquisition with a 75% SBA loan and a personal guarantee. On his last two deals he used no bank, and got creative.
A comp on creator software was misreported for seven years... the 10-K says different, and there's a real lesson for founders seeking an exit.
Value is accruing to companies with premium creator access and exclusive rights. We break down the low VS high ends of the talent buying market.
Alex Cooper says she'll grow by acquisition. No personality-led media co has scaled its audience and revenue that way before.
A Stockholm-listed podcast company just bought sales rights to 200 creators, premium brand relationships, and a US commercial team.
Agencies can't staff social commerce quickly enough, so they're buying it. Podean just did, for the 6th time in 9 months.
The deals we're running, the deals we're breaking down, and the rooms we're in.
The annuity is why a catalog buyer can pay for it. The bigger play is building a YouTube-native studio group.
Traveling and deep in deal work this week. Regular analysis returns next Friday.
The put option, the profit-rights clause, and the adland legend in the filings that most coverage missed.
LLMs and B2B software showed up as buyers, Vox got broken up and sold, and talent management went quiet. Our mid-year scorecard inside.
We peg it at ~$50–120M, and it's Miroma's decades-old playbook, now aimed at podcasting.
