Acquiring the Creator Economy 🤑
Another week, another huge investment in a creator company. Whaler reached a $400 million valuation with investments from major strategics, including Marc Benioff (Salesforce), Shopify, and Neal H. Moritz (The Fast and/or Furious Franchise). If markets are all about consolidation/fragmentation cycles, we're definitely in a consolidation phase. So the big question: "Why?" I'll share my thoughts and, if you're either trying to sell or buy creator businesses, what you should consider.