Comments on: vMix with VC Dollars http://gigaom.com/2006/03/13/vmix-with-vc-dollars/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 06:47:41 +0000 http://wordpress.com/ hourly 1 By: Even More Funding for Video Startups: VMIX, Fora.tv « NewTeeVee http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-636339 Even More Funding for Video Startups: VMIX, Fora.tv « NewTeeVee Tue, 30 Oct 2007 07:06:07 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-636339 <p>[...] and Enterprise Partners. So this makes about $26 million in total funding for VMIX; Om had written at GigaOM that the company’s first round, taken in 2006, amounted to $4 [...]</p> [...] and Enterprise Partners. So this makes about $26 million in total funding for VMIX; Om had written at GigaOM that the company’s first round, taken in 2006, amounted to $4 [...]

]]> By: kaiser http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45892 kaiser Mon, 27 Mar 2006 20:11:43 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45892 <p>Om,</p> <p>where can I find a solid list of all the 100 or so online video sharing companies?</p> Om,

where can I find a solid list of all the 100 or so online video sharing companies?

]]> By: Greg Kostello http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45891 Greg Kostello Sun, 19 Mar 2006 23:19:00 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45891 <p>I think it is too early in the game to declare winners and losers. If you remember back to the early days of social networking Friendster was declared the winner. </p> <p>Along came a series of competitors but it was MySpace that emerged months later and truly captured the hearts and minds of this generation. And it was MySpace that was purchased for $583 million. </p> <p>This space is very exciting and changes daily and we are truly excited to be part of it.</p> <p>[As and aside, the valuation and the money raised being quoted in this blog is incorrect. Om, please contact me if you would like to chat about vMix.] </p> <ul> <li>Greg Kostello CEO, vMix</li> </ul> I think it is too early in the game to declare winners and losers. If you remember back to the early days of social networking Friendster was declared the winner.

Along came a series of competitors but it was MySpace that emerged months later and truly captured the hearts and minds of this generation. And it was MySpace that was purchased for $583 million.

This space is very exciting and changes daily and we are truly excited to be part of it.

[As and aside, the valuation and the money raised being quoted in this blog is incorrect. Om, please contact me if you would like to chat about vMix.]

  • Greg Kostello CEO, vMix
]]> By: A former VC now retired http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45890 A former VC now retired Thu, 16 Mar 2006 21:17:16 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45890 <p>The only reason vMix got funding is because Mission Ventures and Enterprise Partners missed out on Veoh (another San Diego company that was funded by a Los Angeles VC). Guess Veoh didn't want to get a whopping valuation of $4 million pre. Wish Mission and Enterprise luck, but I think they picked the wrong player. With so many video companies in play, only the top 5 matter. YouTube, Google, Apple, Veoh, and FireANT. If you're a VC and not in one of those, I think the game is over, move on.</p> The only reason vMix got funding is because Mission Ventures and Enterprise Partners missed out on Veoh (another San Diego company that was funded by a Los Angeles VC). Guess Veoh didn’t want to get a whopping valuation of $4 million pre. Wish Mission and Enterprise luck, but I think they picked the wrong player. With so many video companies in play, only the top 5 matter. YouTube, Google, Apple, Veoh, and FireANT. If you’re a VC and not in one of those, I think the game is over, move on.

]]> By: Greg Kostello http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45889 Greg Kostello Tue, 14 Mar 2006 21:30:26 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45889 <p>As you said in your article, all the financed startups in this space are coming at it from different angles. If they didn't, it is unlikely that they would be funded. </p> <p>What sets us appart from our competitors is that vMix is a hybrid of both a technology and media company with executives and engineers coming from both worlds. It has allowed us to work closely with Fox and other entertainment companies from the very beginning. Our backgrounds from MP3.com at building scalable systems, based on Open Source standards gives us another key advantage.</p> <p>We are also used to generating revenue and that has been part of our plan from day one. We think the strategy of garnering traffic without generating much revenue is very risky. Eventually you will need to pay for that traffic..</p> <ul> <li>Greg Kostello CEO, vMix</li> </ul> As you said in your article, all the financed startups in this space are coming at it from different angles. If they didn’t, it is unlikely that they would be funded.

What sets us appart from our competitors is that vMix is a hybrid of both a technology and media company with executives and engineers coming from both worlds. It has allowed us to work closely with Fox and other entertainment companies from the very beginning. Our backgrounds from MP3.com at building scalable systems, based on Open Source standards gives us another key advantage.

We are also used to generating revenue and that has been part of our plan from day one. We think the strategy of garnering traffic without generating much revenue is very risky. Eventually you will need to pay for that traffic..

  • Greg Kostello CEO, vMix
]]> By: Spaceman Spiff http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45888 Spaceman Spiff Tue, 14 Mar 2006 06:07:30 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45888 <p>What in the world are these VC's thinking? Throw a little money at a copycat here and there and hope something gets figured out and sticks? It drives me crazy to see things like this get funded and I cant get anyone to even hear my business plan. Such is life.</p> What in the world are these VC’s thinking? Throw a little money at a copycat here and there and hope something gets figured out and sticks? It drives me crazy to see things like this get funded and I cant get anyone to even hear my business plan. Such is life.

]]> By: Saul Weiner http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45887 Saul Weiner Tue, 14 Mar 2006 03:44:42 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45887 <p>Feel like a web2.0 dotcom bust yet? People think traffic drives everything. The race is long and very few companies will make it big, so the rest need to thing they all have almost no clue how to do - monetize!</p> Feel like a web2.0 dotcom bust yet? People think traffic drives everything. The race is long and very few companies will make it big, so the rest need to thing they all have almost no clue how to do – monetize!

]]> By: dave http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45886 dave Tue, 14 Mar 2006 01:14:50 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45886 <p>Do these companies own the infrastructure or is it outsourced? And why aren't they making any money it seems that sites like iFilm are generating a good amount.</p> Do these companies own the infrastructure or is it outsourced? And why aren’t they making any money it seems that sites like iFilm are generating a good amount.

]]> By: Om Malik http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45885 Om Malik Tue, 14 Mar 2006 01:05:11 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45885 <p>not sure what stage they are at in terms of infrastructure deployment, but you can clearly tell that they need servers, storage and bandwidth - a lot of it. </p> <p>i did a post earlier about you tube and how it has been growing by leaps and bounds, sending out terabytes of data.</p> not sure what stage they are at in terms of infrastructure deployment, but you can clearly tell that they need servers, storage and bandwidth – a lot of it.

i did a post earlier about you tube and how it has been growing by leaps and bounds, sending out terabytes of data.

]]> By: Om Malik http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45884 Om Malik Tue, 14 Mar 2006 01:04:09 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45884 <p>4 @ 4. $4 million at pre-money valuation of $4 million.</p> 4 @ 4. $4 million at pre-money valuation of $4 million.

]]> By: dave http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45883 dave Tue, 14 Mar 2006 01:00:39 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45883 <p>What specifically do these companies need in terms of infrastructure, and at what stage of their development do they seek that funding?</p> What specifically do these companies need in terms of infrastructure, and at what stage of their development do they seek that funding?

]]> By: Peter http://gigaom.com/2006/03/13/vmix-with-vc-dollars/#comment-45882 Peter Tue, 14 Mar 2006 00:43:30 +0000 http://gigaom.wordpress.com/2006/03/13/vmix-with-vc-dollars/#comment-45882 <p>What does 4@4 mean?</p> What does 4@4 mean?

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