🎧 Episode 1 — Spotify, Audio, and Business Model Leverage

This week, I dive deep on Spotify, the exploding audio market, and a concept called Business Model Leverage. 

If you have any feedback on content or format, or have any ideas for topics I should touch on in the future, you can find me on Twitter @brettbivens and to stay up to date, you can sign up to the Venture Desktop newsletter at here. 

You can find all of the links from the episode below. 

Maffei — "When you sum it, we believe the ear is under-monetized versus the eye."


"Audio...Liberty still loves you" (Sirius XM / Liberty Media Investor Day)


Greg Maffei on CNBC


Pandora — "We want a bigger Share of Ear in the expanding Audio Day"


Gavin Baker — Monetization follow attention and engagement.


Nicola Korzenko (Podfund)


The Podcast Monetization Gap


Spotify Q3 2019


Business Model Leverage


BAML Research on Podcasts


Blending genres of audio...



Deep Cuts

Retweetables — Semil on Followability


Rereadables — Bill Gurley on the 10x Revenue Club


Relistenables — A16Z, A Podcast About Podcasting




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