Independent podcast directorySources checked · October 25, 2026
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COMPANY / HISTORY

Buffer

Software for planning, publishing, and measuring social media content. The company publishes financial and operating information.

Buffer
Series A funding$3,500,0002014-12 · Source ↗
Investor buyout cost$3,300,0002018-07 · Source ↗

What happened next

  1. Company started

    Source

  2. Raised $3.5 million Series A

    Source

  3. Announced 10 layoffs amid financial difficulties

    Source

  4. Spent $3.3 million buying out main Series A investors

    Source

  5. Adopted a four-day work week

    Source

Public discussion & responses

2016-06-16

The 2016 cash-flow crisis

CEO Joel Gascoigne publicly reported 10 layoffs, representing 11% of the team, and explained the company financial problems. Company statement, not an allegation from a third party.

Response / outcome: The CEO published financial details and a recovery plan.

Original account

Sources