Berlin \u2014 The startup Blin\u00adkist has a new owner, it is acqui\u00adred by the Austra\u00adlian conti\u00adnuing educa\u00adtion startup Go1. There is talk of a purchase price of around Euro 200 million. \u201cThe team and the brand will conti\u00adnue to exist after the tran\u00adsac\u00adtion,\u201d explains foun\u00adder and CEO Holger Seim (photo right). The Berlin-based startup offers summa\u00adries of current nonfic\u00adtion books in short text sections (\u201cblinks\u201d) or in audio form and has so far prima\u00adrily targe\u00adted end customers.<\/p>\n
As a leader in lear\u00adning and deve\u00adlo\u00adp\u00adment, Go1\u2019s open plat\u00adform provi\u00addes the worl\u00add\u2019s largest compa\u00adnies and their employees access to high-quality trai\u00adning and deve\u00adlo\u00adp\u00adment in a single solu\u00adtion. With this acqui\u00adsi\u00adtion, Go1 is laying the foun\u00adda\u00adtion for a new and inno\u00adva\u00adtive model of lifel\u00adong lear\u00adning that aims to engage lear\u00adners in their daily lives, both profes\u00adsio\u00adnally and personally.<\/p>\n
Andrew Barnes, Go1\u2019s co-CEO, said, \u201cThe combi\u00adna\u00adtion of Go1 and Blin\u00adkist offers some\u00adthing not found in any corner of the corpo\u00adrate lear\u00adning market: a conti\u00adnuous lear\u00adning expe\u00adri\u00adence that serves profes\u00adsio\u00adnal goals while being perso\u00adnally engaging.\u201d<\/p>\n
Toge\u00adther, the compa\u00adnies will serve lear\u00adners holi\u00adsti\u00adcally and create a model that is unpar\u00adal\u00adle\u00adled in the market\u00adplace. Through the merger, the compa\u00adnies plan to acce\u00adle\u00adrate the growth of Blin\u00adkist for Busi\u00adness and leverage Blin\u00adkis\u00adt\u2019s exper\u00adtise in enga\u00adging lear\u00adners outside the workplace.<\/p>\n
The new owner Go1 from Bris\u00adbane mainly focu\u00adses on compa\u00adnies, and Blin\u00adkist has also been repre\u00adsen\u00adted in this segment for about one and a half years. Howe\u00adver, \u201cBlin\u00adkist for Busi\u00adness\u201d has so far accoun\u00adted for the far smal\u00adler part of the busi\u00adness. Another diffe\u00adrence: Blin\u00adkist crea\u00adtes the content itself, while Go1 cura\u00adtes it from other provi\u00adders. \u201cThat\u2019s how we came toge\u00adther,\u201d says Seim, whose startup part\u00adners with Go1 to offer its own summa\u00adries through the platform.<\/p>\n
We have known each other for a long time Blin\u00adkist was foun\u00added in 2012 and is used by over 26 million people world\u00adwide. It finds the most rele\u00advant and impactful books and podcasts and distills them down to their core ideas, which can be read or listened to in 15-minute expl\u00adana\u00adti\u00adons called blinks. In addi\u00adtion to indi\u00advi\u00addual lear\u00adners, over 1,500 orga\u00adniza\u00adti\u00adons around the globe have alre\u00adady chosen Blin\u00adkist for Busi\u00adness to support their teams where they need it \u2014 anytime, anywhere.<\/p>\n","protected":false},"excerpt":{"rendered":" Berlin \u2014 The startup Blin\u00adkist has a new owner, it is acqui\u00adred by the Austra\u00adlian conti\u00adnuing educa\u00adtion startup Go1. There is talk of a purchase price of around Euro 200 million. \u201cThe team and the brand will conti\u00adnue to exist after the tran\u00adsac\u00adtion,\u201d explains foun\u00adder and CEO Holger Seim (photo right). The Berlin-based startup offers [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48499,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1371],"tags":[],"class_list":["post-48501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-deals-en"],"yoast_head":"\n
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\n\u201cGo1 foun\u00adder Andrew Barnes and I have known each other for seve\u00adral years,\u201d says Seim, who will be COO of the Austra\u00adlian company. The need to work with another vendor was obvious. \u201cThere is signi\u00adfi\u00adcant conso\u00adli\u00adda\u00adtion in the market. We oursel\u00adves were not able to support a take\u00adover. Go1, howe\u00adver, had a well-filled \u2018war chest\u2019,\u201d says Seim. Nearly $400 million has flowed into the company since its foun\u00adding in 2015, accor\u00adding to Crunchbase.<\/p>\n