DOCSLIB.ORG

Digital Media M&A Excitement Shifts to IPO Fever in 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Digital Media M&A Excitement Shifts to IPO Fever in 2019 Digital Media M&A Report – Q1’19 Digital Media M&A Excitement Shifts to IPO Fever in 2019 intrepidib.com | Mergers & Acquisitions | Capital Markets | Strategic Advisory | A subsidiary of MUFG Union Bank 11755 Wilshire Blvd., 22nd Floor, Los Angeles, CA 90025 T 310.478.9000 F 310.478.9004 Member FINRA/SIPC Digital Media M&A Excitement Shifts to IPO Fever in 2019 While M&A and financing activity across the digital media space experienced record growth in 2018, the first quarter of 2019 showcased a slowdown in M&A and financing activity versus the same period in 2018. Compared to Q1’18, Intrepid saw the number of disclosed M&A transactions decrease by 45%, while disclosed M&A transaction value decreased by 77%. The number of financings decreased by 39% and disclosed financing value decreased by 14%. The temporary slowdown in activity was not isolated to digital media. According to Dealogic, the number of M&A transactions, across nearly all sectors worldwide, declined more than 25% from Q1’18 to Q1’19. Despite the slowdown, key industry trends include: ● Slowdown in mega-deals, with the industry’s five largest deals announced in Q1’19 accounting for $4.4 billion in total enterprise value, compared to $20.2 billion in Q1’18; ● Continued growth in firms enabling the shift to eCommerce and digital delivery models, including delivery networks, marketplaces and payment processing platforms; ● Activity across, and focus on fintech companies and platforms; and ● Pent up demand for late stage IPOs with significant backlog of new issues. Digital Media Transaction Activity Mergers & Acquisi-ons Financings 400 370 367 $100 2,000 $100 340 1,661 1,689 Transac-on Value ($B) Value Transac-on 292 296 ($B) Value Transac-on 1,455 320 289 287 $80 1,600 1,393 1,362 $80 261 1,284 1,303 1,333 240 204 $60 1,200 1,006 $60 $37.6 $36.0 $32.9 800 $40 160 $40 $24.2 $24.1 $25.1 $24.7 $21.4 $20.8 $21.5 $13.9 $16.3 $14.5 $16.3 $11.1 $8.7 400 $10.5 $20 80 $8.0 $20 Number of Transac-ons Number of Transac-ons 0 $0 0 $0 Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Number of Transac>ons Disclosed Transac>on Value ($B) Number of Transac>ons Disclosed Transac>on Value ($B) We hope that this report serves as a useful tool for your business. As you evaluate opportunities, feel free to call us at 310.478.9000 for more pointed insight. Thank you, Brandon Quartararo Managing Director Head of Digital Media [email protected] intrepidib.com | Mergers & Acquisitions | Capital Markets | Strategic Advisory | A subsidiary of MUFG Union Bank 11755 Wilshire Blvd., 22nd Floor, Los Angeles, CA 90025 T 310.478.9000 F 310.478.9004 Member FINRA/SIPC 2019 IPO Pipeline—Mixed Results Thus Far… March 28, 2019 – Lyft Prices IPO at $72 Per Share Lyft’s (NASDAQ:LYFT) debut on the open market raised approximately $2.3 billion, selling 32.5 million shares at $72 per share with a market valuation of $22.2 billion. This was at the higher end of their stated range, which was already increased from an initial range of $62 to $68. Lyft ended its first day of trading up +8.7%, only to decline 12% on its second day below the offering price. The decline raised doubt about investors’ appetite for fast-growing, but $59.80 unprofitable tech companies. Lyft lost nearly $1 billion in 2018, following a string of unprofitable tech companies -­‐20.6% since IPO going public only to decline below their offering prices. April 18, 2019 – Pinterest’s Volatile Run Post-IPO Pinterest (NYSE:PINS) shares soared on their opening day, closing at $24.40, up +28% from a $19 offering price per share. Pinterest raised more than $1.4 billion through the offering and had a market value of over $15 billion by the end of their first trading day. Pinterest has positioned itself as a company with a strong user base but an underdeveloped strategy for monetization, first allowing advertisements on its platform in 2014. Following its $25.50 first earnings report in May, Pinterest shares fell more than 15% after reporting a net loss of $41.4 million on +34.2% since IPO $201.9 million in Q1’19. While shunning the “social media” label, investors will be closely eyeing this platform’s path to profitability. May 10, 2019 – Uber Ends Its First Day of Trading Down More Than 7% In what was arguably the most highly anticipated IPO of 2019, Uber (NYSE:UBER) dropped 7.6% on its first day of trading. Uber began trading at $42 per share after pricing its IPO at $45 the night before, the stock closed below $42 per share with a market cap of $69.7 billion. Uber priced its shares towards the low end of its target range of $44 to $50, giving it a valuation of $75.5 billion, well below the $120 billion it was reportedly seeking—Uber’s last $41.51 private valuation was around $76 billion. Some analysts say that Lyft’s poor performance dampened expectations -­‐1.2% since IPO for Uber, with both ride-hailing companies heavily scrutinized for continuing to post big losses. Airbnb Showing Signs of a Possible IPO IPO speculation increased dramatically when Airbnb announced in November of 2018 that it had hired Dave Stephenson as its CFO. Stephenson spent 17 years at Amazon, ending his career as VP and CFO of Worldwide Consumer Organization, responsible for the ‘Zon’s global Web sales. Alongside this hire, Airbnb released some of its financial information for the very first time, showing investors that it generated more than $1 billion in revenue in Q3’18 and $2.6 billion in 2017. Airbnb also acquired HotelTonight, a last-minute hotel-inventory seller and booking application, for $465 million in March, further enticing potential IPO investors. Airbnb is potentially seeking a valuation of approximately $31 billion. The “Netflix of Fitness” Eyes 2019 IPO Exercise and fitness media company, Peloton, was expected to go public 2018 after a $550 million capital raise led by TCV, bringing the total equity raised to nearly $1 billion for a reported valuation of $4.15 billion. The company, which sells spin-bikes equipped with a screen starting at $2,245, offers 24/7 live-streamed television and workout regiments for $39 a month, with over 10,000 classes on demand. Peloton has hired Goldman Sachs and J.P. Morgan to lead its IPO, putting an $8 billion valuation on the company. The company earned over $400 million in sales in 2017, up 135% from 2016, and it is expecting to earn at least $700 million in revenue in 2019. intrepidib.com ● 2 Recently Closed Transactions and Industry News Unilever Acquires D2C Snack Company Graze for £150 Million Unilever has expanded its footprint in the direct-to-consumer and healthy snacks markets by acquiring Graze, the UK’s leading healthy snacking brand. Since 2008, Graze has been offering a range of snacking nuts, seeds, trail mixes and snack bars through a direct-to-consumer online selling model. During its ownership by Carlyle, Graze experienced strong growth in ecommerce sales while expanding into traditional retail accounts throughout the UK and U.S., including Sainsbury’s, Boots, Costco and Target. Although Graze will continue to operate as a semi- autonomous business unit, Unilever seeks to leverage the business’s tech and eCommerce expertise across its broader portfolio. Hims Raises $100 Million From Undisclosed Investors, Approaching $1 Billion Valuation Launching in November 2017, Hims sought to disrupt the men’s health market and address sensitive topics, such as hair-loss prevention and erectile dysfunction treatments, with a highly-intuitive direct online solution. The business quickly scaled and is expected to achieve a $1 billion valuation in a new round of fundraising for $100 million of new funding, as it seeks to further expand its product offering and address women’s health needs with a new line of products called Hers. Hims previously obtained a $500 million valuation in September 2018, in a round led by Forerunner Ventures and IVP. Spotify Acquires Gimlet Media for $230 Million Spotify recently announced an acquisition of Gimlet Media, a New York-based podcast studio and network, for $230 million. Founded in 2014, Gimlet Media had raised nearly $30 million of funding as it developed its podcast offering to include shows such as “Reply All,” “Crimetown” and “StartUp,” as well as New York Magazine collaboration “The Cut on Tuesdays.” The addition of Gimlet is expected to help Spotify break into more original audio content on its mission to become the world’s leading audio platform. Spotify plans to spend over $500 million on acquisitions this year, as CEO Daniel Ek seeks to augment the company’s non-music library, with a belief that 20% of Spotify listeners will be playing non-music content in the near future. Dragoneer Investment Group and Temasek Holdings Invest $400 Million in DoorDash DoorDash, a food delivery start-up, raised $400 million in an investment round led by Dragoneer Investment Group and Temasek Holdings at a $7.1 billion valuation—nearly double its valuation from just six months prior, fueled by sales growth of more than 250% between the financing rounds. The additional financing comes at a crucial time for the business as it faces challenging competition from rival GrubHub, as well as IPO candidates, Uber and Postmates.
Load more

Recommended publications
  • WPP Invests in Podcasting Company Gimlet in the US WPP Announces
    FOR IMMEDIATE RELEASE 6 SEPTEMBER 2017 WPP PLC (“WPP”) WPP invests in podcasting company Gimlet in the US WPP announces that it is investing US$5 million for a minority stake in Gimlet Media, Inc. (“Gimlet”), an award-winning global podcasting company based in the US. Gimlet’s advertising and branded-content clients include Alphabet Inc., Ford Motor Company, PepsiCo, Match Group, eBay, Blue Apron, Goldman Sachs and Microsoft Corporation. Gimlet is based in Brooklyn, New York and was founded in 2014. It employs 85 people. Gimlet’s podcasts are downloaded over 12 million times per month in over 190 countries worldwide. Gimlet’s programming includes critical and commercial hits spanning a variety of verticals like StartUp (business), Reply All (internet culture), Mogul (music), Homecoming (scripted fiction), Uncivil (history), Science Vs (science), Crimetown (true crime), The Nod (Black culture), among many others. Gimlet also produces branded podcasts on behalf of advertisers looking to connect with Gimlet’s sought-after millennial audience on a deeper plane. In the past, year Gimlet has produced hit branded podcasts including DTR ‘Define the Relationship’ (Tinder/Match Group), Open for Business (eBay), The Venture (Virgin Atlantic), The Secret to Victory (Gatorade), and future (Microsoft). Since its founding, Gimlet has raised US$27 million in funding. The investment continues WPP's strategy of focusing on three key areas that differentiate the Group's offering to clients: technology, data and content. The Group has invested in digital content companies like Russell Simmons' All Def Digital, Fullscreen, Indigenous Media, Imagina (a content rights and media company based in Spain), MRC, Mic, Mitú, Refinery29, Uproxx Media Group and VICE.
    [Show full text]
  • New York City, the Podcasting Capital
    NEW YORK CITY, THE PODCASTING CAPITAL TABLE OF CONTENTS 3 EXECUTIVE SUMMARY 7 INTRODUCTION 9 A BRIEF HISTORY OF THE PODCAST 11 NATIONAL LANDSCAPE OF PODCASTING 12 PODCAST GROWTH 14 ADVERTISING 15 THE IMPACT OF PODCAST ADVERTISING 16 ADVERTISING MODELS IN PODCASTING 17 PRICING MODEL 18 ADVERTISING TECHNOLOGY 19 NEW YORK CITY, THE CAPITAL OF PODCASTING 20 NEW YORK CITY’S PODCAST NETWORKS 22 NEW YORK CITY PODCAST INDUSTRY GROWTH 23 THE NEW YORK CITY PODCAST COMMUNITY 24 INCREASING DIVERSITY IN NEW YORK CITY PODCASTING 26 TECHNOLOGY 28 THE FUTURE OF PODCASTING 30 CONCLUSION 31 PODCASTERS’ FAVORITE PODCASTS 32 REFERENCES 33 ACKNOWLEDGEMENTS EXECUTIVE SUMMARY Podcasts are the newest form of the oldest entertainment medium: storytelling. Today’s podcasts are a major forum for the exchange of ideas, and many are calling this time the “renaissance of podcasting.” Born out of the marriage of public radio and the internet, podcasting has adapted to follow modern consumption patterns and the high demand for readily accessible entertainment. Podcasts are making New York City their home. The density of advertising firms, technology companies, major brands, digital media organizations, and talent has established New York City as the epicenter of the burgeoning podcast industry. New York City is home to the fastest growing podcast startups, which have doubled, tripled, and quadrupled their size in the past several years – in employment, office space, and listenership. New York City’s podcast networks are growing rapidly, reflecting the huge national audience of 42 million weekly listeners. Employment at the top New York City podcast networks has increased over the past several years, from about 450 people in 2015 to about 600 people in early 2017.
    [Show full text]
  • Sydney Writers' Festival
    Bibliotherapy LET’S TALK WRITING 16-22 May 1HERSA1 S001 2 swf.org.au SYDNEY WRITERS’ FESTIVAL GRATEFULLY ACKNOWLEDGES SUPPORTERS Adelaide Writers’ Week THE FOLLOWING PARTNERS AND SUPPORTERS Affirm Press NSW Writers’ Centre Auckland Writers & Readers Festival Pan Macmillan Australia Australian Poetry Ltd Penguin Random House Australia The Australian Taxpayers’ Alliance Perth Writers Festival CORE FUNDERS Black Inc. Riverside Theatres Bloomsbury Publishing Scribe Publications Brisbane Powerhouse Shanghai Writers’ Association Brisbane Writers Festival Simmer on the Bay Byron Bay Writers’ Festival Simon & Schuster Casula Powerhouse Arts Centre State Library of NSW Créative France The Stella Prize Griffith REVIEW Sydney Dance Lounge Harcourts International Conference Text Publishing Hardie Grant Books University of Queensland Press MAJOR PARTNERS Hardie Grant Egmont Varuna, the National Writers’ House HarperCollins Publishers Walker Books Hachette Australia The Walkley Foundation History Council of New South Wales Wheeler Centre Kinderling Kids Radio Woollahra Library and Melbourne University Press Information Service Musica Viva Word Travels PLATINUM PATRON Susan Abrahams The Russell Mills Foundation Rowena Danziger AM & Ken Coles AM Margie Seale & David Hardy Dr Kathryn Lovric & Dr Roger Allan Kathy & Greg Shand Danita Lowes & David Fite WeirAnderson Foundation GOLD PATRON Alan & Sue Cameron Adam & Vicki Liberman Sally Cousens & John Stuckey Robyn Martin-Weber Marion Dixon Stephen, Margie & Xavier Morris Catherine & Whitney Drayton Ruth Ritchie Lisa & Danny Goldberg Emile & Caroline Sherman Andrea Govaert & Wik Farwerck Deena Shiff & James Gillespie Mrs Megan Grace & Brighton Grace Thea Whitnall PARTNERS The Key Foundation SILVER PATRON Alexa Haslingden David Marr & Sebastian Tesoriero RESEARCH & ENGAGEMENT Susan & Jeffrey Hauser Lawrence & Sylvia Myers Tony & Louise Leibowitz Nina Walton & Zeb Rice PATRON Lucinda Aboud Ariane & David Fuchs Annabelle Bennett Lena Nahlous James Bennett Pty Ltd Nicola Sepel Lucy & Stephen Chipkin Eva Shand The Dunkel Family Dr Evan R.
    [Show full text]
  • Damian Radcliffe Sovra 50 WAYS to MAKE MEDIA PAY I Contents
    WHATS NEW IN PUBLISHING INSIGHT REPORT WAYS TO MAKE50 MEDIA PAY Written by: Sponsored by: Damian Radcliffe sovra 50 WAYS TO MAKE MEDIA PAY I Contents III Introduction from Damian Radcliffe V Sovrn: Together, we can make media pay 50 Ways to Make Media Pay 1 PAYWALLS 5 SUBSCRIPTIONS 8 ADVERTISING 15 AD-FREE 19 EVENTS 23 E-COMMERCE 28 EMERGING METHODS 38 APPENDIX W HAT'S NEW IN 50 WAYS TO MAKE MEDIA PAY II PUBLISHING Introduction Publishers, both large and small, are constantly innovating in their efforts to ensure financial viability. Whether you’re a non- profit weekly newspaper in a small town, or a large for-profit Fortune 500 company, you cannot rest on your revenue laurels. The large scale lay-offs we have seen at the start of 20191 are also a reminder that monetisation is a challenge for everyone. Here at What’s New in Publishing, we know that our readers are hungry for ideas and insights which can potentially help their bottom line. With that in mind, in October 2018 we kicked off a short series designed to highlight some of the key ways in which Damian Radcliffe publishers are looking to raise revenue. @damianradcliffe I originally envisaged that this would consist of one or two articles. But, as I started writing and researching this topic, that quickly expanded into a four-part series. It could easily have been more. The scope kept growing, because the deeper I dug into this topic, the more case studies and examples I found. This report brings together and updates that original series.
    [Show full text]
  • Made in Ny Podcast Certificate Program January-February • 2018
    MADE IN NY PODCAST CERTIFICATE PROGRAM JANUARY-FEBRUARY • 2018 ABIGAIL BEREOLA I’m Abigail and I’m currently a freelance writer and Books Editor at The Rumpus with interests in writing, film, and audio. Previously I worked as a Publicity Assistant at Penguin Random House. I really love podcasts--these days, friends come to me for book recommendations and podcast recommendations. I’ve produced a podcast episode with The Heart and, lately, I’ve been trying to get my feet wet with tape syncs and transcription work. I’m also working on my own independent short-form podcast series which will hopefully consist of eight episodes. The first podcast episode that really showed me what the form can do was probably The Heart’s “Movies In Your Head” (back in 2014!). Lately though, I really love Rough Translation and their episode “American Surrogate” has stayed with me. ANNA PHELAN My name is Anna Phelan and I work at TED, launching and marketing our original podcasts, and providing editorial guidance on the TED Radio Hour, of which the actual production is done by NPR. I’m originally from Ireland, where my focus was on literature and publishing. I’m drawn to audio storytelling because of its more intimate, experiential nature. I’m excited to delve into the trenches with production which I’m still new to, and ultimately I’d like to work on bringing more literary fiction to the world of podcasting. I’m going to cheat here and say that my favourite podcast episode is the No series by The Heart, which is actually 4 episodes – and if I had to narrow, episode 3, Answers.
    [Show full text]
  • How Podcasting Is Changing the Audio Storytelling Genre Siobhan Mchugh University of Wollongong, [email protected]
    University of Wollongong Research Online Faculty of Law, Humanities and the Arts - Papers Faculty of Law, Humanities and the Arts 2016 How podcasting is changing the audio storytelling genre Siobhan McHugh University of Wollongong, [email protected] Publication Details McHugh, S., How podcasting is changing the audio storytelling genre. The Radio Journal: International Studies in Broadcast and Audio Media, 14(1), 2016, 65-82. Research Online is the open access institutional repository for the University of Wollongong. For further information contact the UOW Library: [email protected] How podcasting is changing the audio storytelling genre Abstract This article explores the impact of the post-2014 podcast resurgence on nonfictional audio storytelling formats. The mpe irical study comprises themed commentary by five significant US, European and Australian editors who commission and produce audio documentaries and features for broadcast and/or podcast. The article provides insights into the changing role played by public broadcasters, the growth of independent podcast networks and the perceived differences between radio and podcasting as a mode of delivering and receiving audio content. Of particular significance is the belief of senior commissioning editors that podcasting is fomenting a new, more informal, genre of audio narrative feature centred on a strong relationship between host and listener, with content that is 'talkier' and less crafted. The SU audio storytelling podcast sector is growing fast, and much of it has links to a public media ethos, but how to resource it without compromising its editorial independence remains unresolved. Disciplines Arts and Humanities | Law Publication Details McHugh, S., How podcasting is changing the audio storytelling genre.
    [Show full text]
  • Chris Brookes
    Praise for Reality Radio: Telling True Stories in Sound “Somehow in this manic digital age, Reality Radio—a mere book! —is more relevant than ever. Form and function manifest, here is the story of contemporary documentary audio, thoughtfully composed and offered straight from its most respected producers. Reality Radio is required reading for anyone at the beginning of her audio career. Or in the middle. Or finishing up. And for all invested listeners. This is radio canon.” —Julie Shapiro, executive producer, Radiotopia from prx “The essays in this book were written by people thinking with their ears.” —rick Moody, author and audio maker “[Biewen] offers a lively history of creative documentary radio in his introduction to [twenty-five] passionate, instructive, and unex- pectedly moving essays by innovative audio journalists and artists who use sound to tell true stories artfully. Invaluable and many- faceted coverage of a thriving, populist, and mind- expanding art form.” —Booklist “What is striking about this collection is how clearly the reader can ‘hear’ the diverse voices and stories, despite the print medium. A wonderful and accessible read. Highly recommended.” —Choice “An incredibly important contribution to the field of public media, one that will invite introspection, spark creativity, and hopefully teach people that the first step in learning is listening.” —Public Radio Makers Quest 2.0 “The producers who wrote these essays prove that there’s nothing more moving than real, truthful radio. I read a lot of the book in bed and soon heard the voices whispering in my ear: ‘Get up. Go record something. Now.’ You will feel the same.” — NeeNah elliS, independent radio producer and author of If I Live to Be 100: Lessons from the Centenarians “In [these] highly autobiographical essays .
    [Show full text]
  • Journalism Education Association | 3 • Shari Adwers, MJE, Recommends That Advisers Turn Their A.Q
    NO LONGER EXTRA PLAY WITH LIGHT VOL. 54 | ISSUE 4 Social media is the story, in many Photography means “to write with SUMMER 2021 different forms, all by itself. And light.” Photographers need to look advisers need to learn how, why for texture, shape and changes in A PUBLICATION OF THE JOURNALISM INSIDE. and when to use different forms. light according to Mark Murray. EDUCATION ASSOCIATION. COMMUNICATION: JOURNALISM EDUCATION TODAY Introducing our Short Run Magazine Quality Full Color Hybrid Tabloid Sizes up to 9.5” x 13” Quick turnaround Printed on 70# white offset Your one source for quality student newspapers news-magazines www.schoolpaperexpress.com literary magazines 845-297-9900 playbills and more [email protected] News consumption used to be about daily habits — reading the paper every morning, watching the 6 o’clock news every night. Now it seeps into our days as much or as little as we want it to. | JOSHUA BENTON, DIRECTOR, THE NIEMAN JOURNALISM LAB REPLY ALL 11 | SOCIAL MEDIA FROM THE JEA LISTSERV STORYTELLING Rod Satterthwaite, MJE, adviser, Palo Social media is no longer an option, Alto High School (California), rod. an extra. It’s just as important as other [email protected] | I have some sad news to share from Northern media, if not more so, according to California about the passing of a JEA Sarah Nichols, MJE. | By Louisa Avery, and JEA NorCal legend, Hilda Walker. MJE Hilda, 94, died Feb. 2. JEA CURRICULUM LINK: https://curriculum.jea.org/wp/ fair-use-and-social-media/ Excerpts from a brief obituary written by Ed Galdrikian | For nearly 15 years, she was the JEA National 18 | PHOTOJOURNALISM Write-Off director.
    [Show full text]
  • New York University Arthur L. Carter Journalism Institute Syllabus JOUR
    New York University Arthur L. Carter Journalism Institute Syllabus JOUR-UA-202 SPECIALIZED REPORTING: PODCASTING Summer 2021 Professor: Todd Whitney Mondays & Thursdays 9a-12p EST 20 Cooper Square, Room TBD/Zoom To contact professor: [email protected] Office hours: TBD Course Description Podcasting has become one of the premiere mediums for creative storytelling and journalism. In this summer course, students will learn to craft compelling stories solely in sound. By the end of the summer session, they will complete professional-quality pieces to add to their portfolios. Students will engage podcasting as an art unto itself while developing storytelling skills useful in any medium. They'll learn essential skills like field recording, editing tape with software, and sound design. They'll also develop the research and interview techniques necessary to craft compelling audio narratives. Importantly, students will develop their own creative voices and abilities to explain the world through sound. Learning Objectives Demonstrate the ability to exercise journalism’s core ethical values as well as: ❑ Learn the elements of audio reportage ❑ Produce thoughtful and engaging audio stories ❑ Demonstrate critical thinking, independence, and creativity appropriate for producing media in a democratic society ❑ Interview subjects, conduct research, and evaluate information ❑ Work ethically in pursuit of truths, accuracy, fairness, and diverse perspectives ❑ Use technological tools and apply quantitative concepts as appropriate Course Structure A typical class will be structured as such: 1. Discuss the previous class’ assignment 2. Case studies, discussion, lecture, listening, exercise 3. Workshopping Readings Outside of class there will be additional readings, fieldworks, and story production. There’s a good amount of homework but by the end of the semester your focus will be on your projects.
    [Show full text]
  • Moving Upstream 2030
    MOVING UPSTREAM 2030 Protecting the DoD Workforce Against Future Insider Threats About this Project In late 2019, the DoD Counter-Insider Threat Program, Office of the Under Secretary of Defense for Intelligence & Security (OUSD[I&S]), engaged Institute for the Future (IFTF) to identify and analyze the external future forces that will emerge over the next decade to help DoD better protect its workforce for the long-term future. The goal of this research has been to proactively identify emerging threat vectors that provide the opportunity to create innovative, holistic, and positive mitigation and prevention strategies that will push intervention upstream. Institute for the Future Institute for the Future is the world’s leading futures organization. For over 50 years, businesses, governments, and social impact organizations have depended upon IFTF global forecasts, custom research, and foresight training to navigate complex change and develop world-ready strategies. IFTF methodologies and toolsets yield coherent views of transformative possibilities across all sectors that together support a more sustainable future. Institute for the Future is a registered 501(c)(3) nonprofit organization based in Palo Alto, California. Visit www.iftf.org/upstream2030 to access all project materials. Acknowledgements: Project Lead: Brad Kreit Project Manager: Georgia Gillan Experts: Jim Blackburn, Dr. Susan Clayton, Eri Gentry, Marc Goodman, Tim Hwang, Mike Liebhold, Lilliana Mason, Vanessa Mason, Jack Rhysider, Nicole Rodgers, Casper ter Kuile, Angie Thurston Authors: Jamais Cascio, Mark Frauenfelder, Georgia Gillan, Ben Hamamoto, Brad Kreit, Rachel Maguire Editors: Carol Westberg and Carla Sinclair Executive Producer: Jean Hagan Design and Illustration: Robin Bogott, Trent Kuhn, Karin Lubeck, Robin Weiss © 2020 Institute for the Future.
    [Show full text]
  • The 100 Best, Most-Interesting Podcasts for 2016
    The 100 Best, Most-Interesting Podcasts for 2016 01/11/16 Friends: Huckberry x.ai I used to think podcasts were… not for me. But recently, I’ve been blown away with their ability to expand my horizons. Podcasts can go places other forms of entertainment (and that other e word, education) can’t: you can listen to them on your commute or as you’re falling asleep at night (no disruptive blue light!). Though I’ve been compiling a list of the top 100 websites every year for the last 5 years (and recently expanded into curating the top 100 Instagram accounts, top 100 YouTube channels, top 100 Viners among and other mega-lists), a top 100 podcasts list is new this year. But it’s something I’ve wanted to do for quite awhile now because I was really interested to see what was out there and what I could load into my favorite podcast apps: Pocket Casts. Note: this is a forward-looking list of podcasts I think you should check out over the coming year. When setting about to find the most awesome podcasts to include here I could have started with my list of ways to find the best new podcasts, but that’s not how I roll. Like my other top 100 lists, I keep track of items I find over a 1 year period and then curate that organic list into the list you see before you. It takes a lot of time and effort (and in this case I deliberately left out a few popular podcasts in an attempt to help you find something that hasn’t been thrown your way before) but I think the results are worth it.
    [Show full text]
  • The Tim Ferriss Show Transcripts Episode 58: Alex Blumberg Show Notes and Links at Tim.Blog/Podcast
    The Tim Ferriss Show Transcripts Episode 58: Alex Blumberg Show notes and links at tim.blog/podcast Tim Ferriss: Alex, welcome to the show. Alex? [Audio plays] Tim Ferriss: This is Tim Ferriss, and welcome to another episode of the Tim Ferriss show, where I deconstruct world class performers of all sorts of types, ranging from billionaire investors to chess prodigies to actors to writers to athletes and everything in between. In this episode, we have a real treat and it’s a two part episode with Alex Blumberg, who is very well known as a producer for This American Life, co-host of Planet Money, and also the cofounder of Gimlet Media, which has currently two blockbuster podcasts, Startup, and Reply All. And in the first part, which you're currently listening to, we are going to talk to Alex about all sorts of aspects of the business of storytelling, the art of storytelling including gear that he uses, etc. The second part is going to be an excerpt from a class that he taught on creativelive.com. It normally costs about $100.00, and I advise that company so I was able to pull out about a half hour of his teaching a class about the art of the interview, crafting the perfect question, etc. That is part two. I implore you to listen to both. I really enjoyed this. And without further ado, please enjoy Alex Blumberg. Alex, welcome to the show. Alex Blumberg: Great to be here. Thanks for having me. Tim Ferriss: And I have to start off, because we have been scheduling and I know you're racing to get a show out the door.
    [Show full text]