Ep 367 Libsyn's Acquisition of AdvertiseCast: The Tell-All with Trevr Smithlin and Dave Hanley

Built to Sell Radio

EpisodeDec 9, 20221h 16m

Ep 367 Libsyn's Acquisition of AdvertiseCast: The Tell-All with Trevr Smithlin and Dave Hanley

Built to Sell Radio

EpisodeDec 9, 20221h 16m

In 2016 Trevr Smithlin and Dave Hanley founded AdvertiseCast, a marketplace connecting podcasters with advertisers. The company experienced tremendous growth, doubling revenue year-over-year until 2020. That's when the uncertainty triggered by the COVID-19 pandemic caused Smithlin and Hanley to consider their strategic options. In March 2021, Smithlin and Hanley signed an acquisition agreement from Libsyn for $30 million.

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Built to Sell Radio is a weekly podcast for business owners interested in selling a business. Each week, we ask an entrepreneur who has recently sold a business why they decided to sell their business, what they did right and what mistakes they made through the process of exiting their business. Built to Sell Radio is the ultimate insider's guide to approaching the most important financial transaction of your life.

builttosell.com/radio

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