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Unharnessed Ep. 4: Where the Agentic Money Flows in 2027 with Eric Franchi

Six months ago, Eric Franchi's inbox started filling with a new kind of startup: companies building an agentic layer on top of every API and MCP server an advertiser can reach. Walled gardens, search, open web, ChatGPT, even DSPs. A couple turned into a dozen, then more than 25. Eric and his partner Corey gave the category a name: the Unified Media Platform, or UMP.

Moffie and Joe dig into whether UMPs create net-new spend or just redistribute existing budgets, and why platform risk is the bear case. Eric also explains why the smartest exits may come from acquirers nobody sees coming, as…

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