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DVD Jon’s Startup Launches with Index Funding

Liz Gannes, Monday, February 18, 2008 at 10:17 PM PT Comments (8)

doubleTwist, the startup founded by hacker Jon “DVD Jon” Lech Johansen to combat restrictive DRM (and which we were first to write about in detail back in October 2006), launches Tuesday. The company has raised a Series A round of an unnamed amount from the top European VCs at Index Ventures.
Sharing with doubleTwist from [...]

HotorNot Sold For Rumored $20M

Liz Gannes, Monday, February 11, 2008 at 5:39 PM PT Comments (7)

Updated: TechCrunch is reporting that HotorNot, the little meme that’s lasted two web bubbles, has been sold to “investors connected with Avid Life Media.”
HotorNot has been a cash cow for the last seven years for founders James Hong and Jim Young. The site, which started out as a simple photo rating service, had brought [...]

This Week on the GigaOM Show: John Lilly, New CEO of Mozilla

Liz Gannes, Thursday, February 7, 2008 at 5:28 PM PT Comments (5)

Get to know the new CEO of Mozilla, John Lilly, on this week’s GigaOM Show, where I subbed in for Om again. Joyce Kim and I had a nice chat with Lilly — he shares details on the recent executive changeover, the impending release of Firefox 3 (which Lilly claims never crashes on his machine), [...]

Current’s Claims of ‘Profitability’ Ring False

Liz Gannes, Tuesday, January 29, 2008 at 11:36 AM PT Comments (4)

Parsing through Current Media’s filing for a $100 million public offering, I kept stumbling over the financials section. The youth-oriented news company had a net loss of $9.8 million in 2007, based on revenue of $63.8 million. It lost $7.6 million in 2006 and $14.3 million in 2005. Altogether, Current had $36.5 million in debts [...]

Hulu Preps for Launch: Video and Beta Invites

Liz Gannes, Thursday, January 24, 2008 at 10:00 PM PT Comments (5)

Hulu CTO Eric Feng stopped by NewTeeVee HQ this week (while on a tour of various Silicon Valley tech publications) and shared a progress check as well as some forward-looking thoughts on the product he’s been building since last summer, when News Corp and NBC’s “YouTube killer” acquired his video markup company Mojiti. Embedded below [...]

Welcome to The Crunchies: Live Video and Winners

Liz Gannes, Friday, January 18, 2008 at 6:30 PM PT Comments (4)


For Serious? Slide Valued at $500M

Liz Gannes, Friday, January 18, 2008 at 12:45 PM PT Comments (14)

Slide has taken $50 million from Fidelity and T-Rowe Price, according to Brad Stone at the New York Times, exchanging a 9-percent stake of the company at a valuation of $500 million. Kara Swisher of BoomTown had first reported inklings of the news this morning.

This Week on the GigaOM Show: StumbleUpon’s Garrett Camp

Liz Gannes, Friday, January 18, 2008 at 8:38 AM PT Comments (1)

Want tips on how to move to the Valley, take funding, and flip your startup for $75 million in under two years? Watch this week’s episode of “The GigaOM Show” with StumbleUpon founder Garrett Camp. With a little prodding from startup lawyer and co-host Joyce Kim, Camp gets down to the nitty-gritty of stock options [...]

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