Unbelievably, YouTube is only five years old, but it is the undisputed king of online video, accounting for nearly 40% of the 33 billion monthly streams that are generated each month in the US. continue reading...
Do you remember the Turin Games? Yeah, me neither. I was knee-deep in the very early stages of WatchMojo. continue reading...
Great article from the founder of social net Tripod (acquired by Lycos) Bo Peabody in Washington Post, found via Business Insider:
Social networks aren’t great places to advertise. You can’t charge users for their services. And they never gain enough momentum to survive in the stock market. Indeed, no social network has ever made it as a public company. continue reading...
What are the 10 consumer web companies that are best positioned for the 2010s? continue reading...
The following 8-video Decade Rewind 2000s series is a pretty impressive display of creativity and execution from the WatchMojo.com team, a 2000s decade recap and review where we rewind the events of the past 10 years in the Auto industry, Business & Technology, Entertainment, Fashion, Music, Politics, Science & Space and Video Games. continue reading...
Does music suck as an online investment or what?
LaLa was purchased for $17 million by Apple, according to our sources with indirect knowledge of the deal. And the company supposedly had $14 million in cash in the bank, meaning the actual purchase price was really $3 million. continue reading...
Esquire profiles Ryan Kavanaugh, Relatively Media’s CEO, in its Best & Brightest feature. I had heard about Relativity but didn’t know much about the people or story behind it. Esquire does a great job of diving into the company that finances movies for the likes of Sony, MGM, Universal, Time Warner, etc.: continue reading...
Joining me for tomorrow’s 3rd show of WatchMojo Live is Tim Sykes. continue reading...
Omar Hamoui sold his company AdMob today for $750M. That’s nice, but the stories behind the story is even more impressive. Read more on WSJ in The wisdom of Omar Hamoui here.
Here is an interview Robert Scoble did with him a few years ago: continue reading...
Somehow*, I came across Paul Lee’s post on high valuations, he’s a founding member and Senior Vice President at the Peacock Equity Fund, a joint venture between NBC Universal and GE Capital:
A high valuation is problematic for a number of reasons. The first, and probably most important, is the impact on the company’s ability to attract quality talent. That’s not to say that you couldn’t (I’m sure the aforementioned microblogging site is seeing a flood of resumes). However, most people in the startup world join startups for the equity upside in a liquidity event or IPO (although the garage sale furniture and stale pizza at 1 a.m. is tremendously appealing). When a highly priced round is completed, guess what–the strike price of the options also go up. In effect, the hurdle for the options to be “in the money” has gone up and the value of the options has decreased. The motivation for the employees coming in after the financing has been materially altered. continue reading...