Gimlet Acquired by Spotify

Before they chose a company name, I was an active listener to Gimlet’s first show “Startup“. I didn’t like the name they chose, but hey, they made out well in the end!


Spotify ($26B market cap) acquires podcast network and producer Gimlet Media for $230M; also bought Anchor, which provides consumer tools for producing and distributing podcasts; terms undisclosed; Spotify expects to spend $500M on M&A this year; Gimlet previously raised $28.5M; Anchor previously raised $14.4M

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