Fatherly, the online media company focused on parenting advice and resources for dads, has been acquired by Some Spider Studios, the media group operating a number of online parenting properties. The terms of the transactions were not disclosed but this an all-stock transaction. Founded in 2014 by Michael Rothman and Simon Isaacs, Fatherly had raised […]
Media
fuboTV Acquired by FaceBank Group
fuboTV, the live-TV streaming platform, has agreed to be acquired by publicly-traded FaceBank Group, the character-based virtual entertainment company. Terms of the transactions were not disclosed but fuboTV will become a wholly-owned subsidiary of FaceBank Group after the transaction closes. “The business combination of FaceBank Group and fuboTV accelerates our ability to build a category-defining […]
Audm Acquired by the New York Times to Turn Articles into Digital Audio
Audm, the subscription app that turns long-form content into digital audio that is narrated by professional voice actors, has been acquired by The New York Times Company. The terms of the transactions were not disclosed. Founded in 2016 by Christian Brink and Ryan Wegner, Audm had only raised a mere $120K in reported equity funding as […]
Where We Are Investing Now: Emergent Community
What is an emergent community? If you’re building a community-based business this a must-read from one of the leading VCs in the space.
SurvivorNet Raises $10M to Expand its Knowledge Platform for Cancer Patients and Survivors
“I don’t care how much money you have, when a cancer diagnosis happens, it’s far too difficult to get the right information. My family was part of the group that didn’t quite get the right answers.”
Stream of Consciousness: How Netflix and its Rivals Will Define Entertainment
Recently, Netflix had its first drop in US users in nearly a decade. The streaming giant’s subscriber base fell by 130,000 in the US– the first drop since 2011 according to the Wall Street Journal. Netflix has always been an expert at playing the long game (remember when they used to ship you DVDs?), but […]
Squarespace Acquires Social Stories Platform Unfold
Squarespace has acquired Unfold, the app for creating engaging stories for Facebook, Instagram, and Snapchat. Terms of the transaction were not disclosed. “Unfold and Squarespace share the same DNA and vision for empowering creators. Together, we’ll continue to rethink how people share stories to connect and inspire. We couldn’t be more excited for this new […]
Musk is Wrong, We’re Not Already Cyborgs
Neuralink proposes to transcend reality and make virtual experiences feel totally real. How will Elon Musk’s neuralink challenge subjectivity?
Quantity Can Be The Gateway Quality: A New Way To Think About Content
The more content you put out for more audience demographics and segments, the more you can really understand what they respond to and refine what you’re putting out based on actual data – instead of only depending on the subjective opinions of decision-makers.
Where We Are Investing Now: E-Sports and Digital News
Each year, our funds define specific areas of investment focus for the year. We then do a mid-year review of each of these and adjust our approach if necessary. Most often, this mid-year correction is modest, just a tweak or lane change. But this summer, we felt that changes in our immersive experiences and content […]
TCG Buys Majority Stake in Food52 Valuing it at Over $100M
Food52, the content and commerce destination for those interested in cooking and food that has an active community of over 16M, has been acquired by TCG Capital Management, an affiliate of The Chernin Group, the media holding company founded by broadcast executive Peter Chernin in 2009. The exact terms of the transaction were not disclosed […]