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Eric Stromberg
@ericstromberg
, 5 tweets, 2 min read Read on Twitter
1/ We are excited to share that @BedrockCap has co-led a $5.5M Seed round in @DipseaStories alongside our friends at @ThriveCapital: medium.com/bedrock/dipsea…
2/ It is well known within the book industry that the Romance genre drives the market. However, if you don’t work in the industry (most people), it is quite easy to dismiss this genre of storytelling as “niche.”
3/ Yet the facts don’t align with that narrative. Almost half of all Kindle eBooks sold are Romance books. It is the #1 book genre in the U.S.
4/ Dipsea is reimagining this genre to be audio-based and mobile-first. The content is delivered through a subscription model. Pay once and listen as much as you'd like.
5/ Founders @Gina__Gutierrez and @itisthefaye are pursuing a multi-billion dollar market opportunity that is hiding in plain sight, and we're excited to be their partners in the journey.
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