Canvas Ventures' Mike Ghaffary, and how Mining The Federal Register Can Make Your LPs Very Happy - D.F.A., or Please Do, #13:

Ghaffary, Noah Shanok, and Peter deVroede founded Stitcher in 2008 - and it may be the biggest podcasting exit ever.

I first met Mike Ghaffary right when he started Stitcher, when I was at LaunchSquad, about 15 years ago. This was right around the time that the iPhone launched, and Stitcher was one of the very first truly great podcast apps. It was also one of the first ones to have a really large exit. Of all of the acquisitions in the podcast space, the only that come close to Stitcher’s eventual $325 exit to SiriusXM, only Amazon’s acquisition of Wondery ($300M) and Spotify’s acquisition of the Gimlet ($230M) and Ringer ($50-200M) are the few deals that I know of that have fairly similar numbers.

Stitcher was that one app in the podcast space that really figured out a super-smart way to make podcast listening easy and seamless. It took every podcast that you liked and “stacked” them into a snackable format. Since SiriusXM shut the app down only a few weeks ago (Reddit forum for the best Stitcher replacements here), I decided it would be a great time to sit down with Mike and talk about his adventu…