A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $25M eventually.
I've known Kevin for years and have always admired his vision and work ethic. In 2019 I met with Kevin to discuss his new company, Blue Wire, and how it fits into the growing space of podcasting.
He has continued to execute on his vision: increasing his network of talented podcasters, his diverse internal team, and growing revenue year over year.
In five years, he has built one of the most recognized names in the Podcast Network space.
I am a big believer in backing the jockey not the horse, and I believe Kevin and his team will continue to execute their vision and make Blue Wire the biggest name in the Podcast Network space.