Investor’s Business Daily Profiles Don
Investor’s Business Daily writes about how Don’s 20-year writing career informed his founding of Audible, the struggles of launching a business years before the market was ready and Audible’s commitment to customers and to Newark.
When Audible Founder Don Katz turned 40 years old, he was just getting warmed up.
Successful journalists and authors must master two skills, storytelling and the fortitude, to conquer their self-doubt. And Katz used these skills to write his life's first chapter, becoming an award-winning journalist and author.
But in his 40s, Katz began his second chapter, by founding Audible. Today it's the top provider of audio podcasts, lectures and books.
Believers say Audible is mining a business rich with opportunity. "Audiobooks could be bigger than print books — it's the fastest growing portion of the publishing business," said Richard Sarnoff, KKR's chairman of media and an Audible director from 2001 to 2008. "Don has had an impact on this world that he should be proud of. And his story is one of perseverance."