Latest news with #TheCherninGroup
Yahoo
6 days ago
- Business
- Yahoo
Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more
Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack's valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity as a platform for creators and publishers to monetize their content. The company said in March that it had surpassed 5 million paid subscriptions on its platform, up from 2 million in 2023. Substack said in a blog post that it will use the funding to invest in 'better tools, broader reach, and deeper support for writers and creators.' It also plans to invest in the Substack app.
TechCrunch
6 days ago
- Business
- TechCrunch
Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more
In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack's valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity as a platform for creators and publishers to monetize their content. The company said in March that it had surpassed 5 million paid subscriptions on its platform, up from 2 million in 2023. Substack said in a blog post that it will use the funding to invest in 'better tools, broader reach, and deeper support for writers and creators.' It also plans to invest in the Substack app.
Qatar Tribune
05-05-2025
- Business
- Qatar Tribune
QCB chief meets with executives from several global firms
Qatar Central Bank Governor and Qatar Investment Authority Chairman Sheikh Bandar bin Mohammed bin Saoud Al Thani held meetings with Peter Chernin, co-founder and partner at The Chernin Group, Steven Mnuchin, founder of Liberty Capital, and Howard Marks, co-chairman of Oaktree Capital Management. These meetings took place on the sidelines of the 2025 Milken Institute Global Conference held in Los Angeles, USA, from May 4 to 7, 2025. During the meetings, they discussed the latest developments in global finance and investment.
