LSYN - Podcast Firm Libsyn Trades At Half The Valuation Of SaaS Peers
Libsyn (LSYN) provides the tech for individuals and business to host their podcasts across all major platforms. The business offers website hosting too, after the acquisition of Pair Networks.
Many names and brands from Dave Ramsey to Trader Joe's trust Libsyn to host their podcasts.
Source: Libsyn investor presentation
The model is relatively simple. Customers typically pay a monthly fee from $5 to $75+ depending on the features they need for Libsyn to host their podcast.
Source: Libsyn website
The Growth Market For Podcasts
Libsyn is in a growth segment. Edison Research's Infinite