🎧 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.

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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

1. Retweetables — Semil on Followability
   

2. Rereadables — Bill Gurley on the 10x Revenue Club
   

3. Relistenables — A16Z, A Podcast About Podcasting