Two cautionary tales about raising too much funding
In this week’s Gobbledy Podcast, we talk about the sale of publisher The Skimm to Ziff Davis, Food52’s layoffs, and why the financial structures of those companies led them to make decisions that ultimately drove those businesses into decline.Here’s the Workweek article I mentioned about the growth of Morning Brew and the shrinking of The Skimm: https://workweek.com/2025/03/20/perpetual-my-take-on-theskimms-acquisition/The Gobbledy Newsletter is at:http://gobbledy.substack.comYou can reach me at jared@sagelett.com This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit gobbledy.substack.com