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Poking around I found this: https://pod.fund/

Apparently they are investing in podcasts with a lot of potential. And then when they become profitable they take a cut of the earnings.

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It's basically a high interest unsecured loan on future revenues. It's very much the Mr. Wonderful model from Shark Tank. 7-15% return on revenues for 3-5 years on $25k-$50k investment. Maybe it makes sense for some, maybe it doesn't. But as an asset category? I wouldn't be plowing money into podcasts expecting much of a return. The successful podcasts don't need your money.

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