๐ฆ๐ง Hold onto your headphones, folks! Pocket FM is about to join the unicorn club, thanks to a fresh $103M cash injection from Abu Dhabi Investment Authority. ๐๐ฐ
This audio entertainment platform is expanding its empire, eyeing the US, Europe, and Latin America. ๐๐ฏ More funds = more content & a solid IP playbook for writers. ๐โ๏ธ
Since 2018, Pocket FM has grown like crazy, boasting 1 lakh hours of content & $150M ARR. ๐๐คฏ In the US alone, they've raked in over $100M ARR. ๐ธ๐บ๐ธ
Investors are lining up to join the party, impressed by Pocket FM's sustainable growth & strong financials. ๐ฅณ๐ผ
Their secret sauce? Blockbuster content like "Insta Millionaire" & "Saving Nora." ๐ฌ๐ฟ 15 of their audio series have even crossed the $1M revenue mark! ๐ฅ๐ฐ
With a 56% YoY loss decrease & a 663% YoY operating revenue surge, Pocket FM is on a roll. ๐๐ฅ
What do you think about Pocket FM's unicorn dreams? ๐ฆ๐ญ Let's chat in the comments! ๐ #DeFi #Web3 #Technology