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Spotify's acquisition spree in this space is not surprising and Gimlet is just the beginning. In case people missed it they also recently announced that they ar
by lbacaj 8y ago
Spotify's acquisition spree in this space is not surprising and Gimlet is just the beginning. In case people missed it they also recently announced that they are setting aside another 500 million for this year for more acquisitions.
It is my opinion that Audio is going to be a huge opportunity for lots of Startups, I feel it is underserved. I really do feel that the AirPods have been game changing in making audio consumption far easier. In some ways they are the new iPod for Apple, they cost about the same as the iPod used to and I’m almost certain at some point Apple will add storage to them and we will be able to take them with us without our phone. I believe they are expected to sell 75 million units through this year, those are no small numbers and presents a huge opportunity for audio startups.
The other thing about Audio is that there is so much more potential than just music or podcast. Since Audio is obviously one of those things you can consume on the go, while doing other things, like exercising or commuting and you can consume it for so much more than just entertainment but to stay informed or to learn. In some ways audio is far superior to video in our modern fast paced world.
As a little self promotion, this is exactly why I decided to create an app that uses some open machine learning models to read articles to you, I believe folks on the go will benefit immensely by staying informed and learning new things. You can check it out at https://articulu.com https://articulu.com