The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bill Simmons Was Shocked Spotify Paid $200M For Gimlet's $10M Revenue
“And then they bought Gimlet and they bought Gimlet for like two hundred million dollars. And we were like, wow, Gimlet makes like Ten million dollars a year. They just got two hundred million dollars. Like, what the hell? Like, we were way more profitable than…”
Lieber: Podcasting needed better discovery and analytics to reach full potential
“There were two, like, Basically, industry-level challenges that we were confronting along with every other podcast company, and one was audiences are still having a really hard time discovering new podcasts. Like, if you ask people how they find out new podcas…”
Blumberg: Successful Podcasts Should Be For-Profit Rather Than Non-Profit
“With planet money, I was like, no, there's, you can turn a profit on planet money. That's like advertisers want to be in that show. The audience is big enough. It can be profitable. And if it can, it should be. It doesn't make sense to force it into a structur…”
Lieber: Every new medium produces new defining media companies
“Every time a new medium comes about, New media companies get built. This is true across the last, you know, hundred years of history, and I thought someone will build a defining media company around on-demand digital audio”
Blumberg: Initially offered co-founder Matt Lieber only 1% to 10% equity
“I think it was, I think I said in the range of one to 10. I'm key to the success of the company, and I want to feel I want to feel that that is reflected in the cap table, I guess.”
Lieber: Three major public radio stations passed on investing in Gimlet
“When we first started the company, when we were out pitching to raise money, we pitched the company to probably three of the biggest public radio stations. And none of them invested.”
Matt Lieber: Gimlet's Success Came Primarily From Luck, Privilege, and Timing
“I think it's mostly luck but not in the obvious way. Like, I think I think for me it was the luck of, like, being born into the family I was born into at the time that I was. So I had the luck of being in a family where my parents sent me, like, paid for my co…”
Blumberg: No investors offered funding until Matt Lieber joined Gimlet
“Nobody was offering me money until, I literally, nobody, I don't think anybody offered money until Matt and I teamed up. I think when I was doing it by myself, I didn't even get to that point.”