This is the Quild Minicorn, highlighting one future of work minicorn daily - early-stage startups with statistically significant signals of becoming a unicorn.

Descript builds simple and powerful collaborative tools for new media creators: podcasters, YouTubers, journalists, and more. Their software allows you to edit audio or video simply by editing a text transcript — cut, paste, and delete — and Descript edits the audio or video to match.

Founders: Andrew

Signals:

  1. Repeat exited founder

    1. Andrew founded Groupon (NASDAQ:GRPN)

  2. Top company alumni

    1. Andrew was a part-time partner at YCombinator while building Detour, a mobile app for audio walks

  3. Top university alumni

    1. Andrew graduated from Northwestern University (BS)

  4. Fast team growth

    1. Grew 3.5x YoY to 89 employees

  5. Midas list investors

    1. Spark Capital led series B

    2. a16z co-led series A and led seed

    3. Redpoint co-led series A

Till tomorrow, Kenn

Keep reading