Gimlet Media British advertising firm WPP announced it was investing $5 million in Gimlet for a minority stake in the company. Alex Blumberg, a radio journalist, producer for "This American Life", and co-founder of "Planet Money", came up with the idea of a for-profit podcast network after the success of a T-shirt fundraising campaign for "Planet Money". He chose to document the foundation of Gimlet in the first season of "StartUp", the company's first show. Gimlet's co-founder, Matthew Lieber, holds an MBA from the MIT Sloan School of Management, is a former radio producer at WNYC, and worked as a management consultant
Park Tool founders of Park Tool along with James E. Johnson developed a clamping device on their original bike repair stand, for which they received a United States Patent in 1976. The company has applied for and has been granted many patents since then, including a pizza cutter shaped like a penny-farthing. and several patents for bicycle specific repair tools. Park Tool products typically incorporate blue into their design. Handles are frequently colored blue although some tools are colored differently so as to avoid mechanics confusing different tools of otherwise similar appearance. The color blue is a registered trademark and trade dress