Digital Ad Startup Minute Media Explores Going Public

  • Mental Floss, Players’ Tribune owner weighing IPO or SPAC deal
  • Goldman Sachs advising company on plan to go public this year
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Digital advertising company Minute Media is working with Goldman Sachs Group Inc. on a plan to go public as soon as this year, according to people familiar with the matter.

Minute Media, which owns brands including Mental Floss and the Players’ Tribune website started by former baseball star Derek Jeter, is considering an initial public offering or a listing through a special purpose acquisition company, the people said, asking not to be identified because the matter is private.