From SAI, interviewing former Advertising.com founder Scott Ferber, who has now funded Tidal TV, a new competitor to Joost, Hulu et al.
SAI: How much time do you think you have to sign deals, get customers and build scale?
Ferber: The next six months are important for us. If we get another slug of money and more content, then we’re a player. This is what we’ve done with limited assets. We’ve been open for six weeks and we just started marketing. We are getting thousands of new users a month with no advertising. continue reading...
While many people seem to suggest that the slowing economy will affect funding, it is certainly surprising to see players enter competitive and uncertain spaces with new, large funding rounds.
Examples: continue reading...