Audio streaming platform Pocket FM completes $8.3M ESOP buyback with employee participation.
Audio streaming platform Pocket FM has completed its first ESOP buyback worth $8.3 million, with participation from several of its current and ex-employees. The company recently raised $103 million in a Series D funding round led by Lightspeed. This buyback is a testament to Pocket FM's commitment to recognizing its team members' efforts, despite challenging economic conditions.
April 01, 2024
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