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Brightcove: Bringing (Un)Sexy Back
Posted Oct 14, 2008 03:07pm EDT by Sarah Lacy in Investing, Internet, Media, Semiconductors, Venture Capital, M and A, IPOs, RecessionThe startup environment of the last few years has had a breathless excitement about fast growing Web 2.0 businesses that were poised to become the next Google. In other words, a startup that could become the next great advertising platform. But as the Valley battens down the hatches for what people are expecting to be a rough time for advertising, service and software based players with existing revenues are looking a little more sexy-- or at least secure.
That bodes well for Brightcove, an online video company that has raised a whopping $91 million in venture capital, and says its revenues are up more than 300% this year. Brightcove's chief executive Jeremy Allaire joined me from Boston to discuss why he believes online video will continue to grow, ad-based or not.
3 Comments
Yahoo! Finance User - Tuesday October 14, 2008 05:18PM EDT
Love you, Sarah! Your hair and outfit are great! Keep up the good work! You are a star!
FlameHead - Tuesday October 14, 2008 08:10PM EDT
YAY another buff piece for a company we can't even invest in or worth analyzing. Where's the hook? Why not look at Apple's new, ugly and overpriced laptops? What mobile computing means in the future? gphone?
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__A_YAHOO_USER__ - Tuesday October 14, 2008 03:35PM EDT
It is your business not my business......My advice is time is not the right time may be next time when most people are not worried financially.....Advert dont work this time when the nation are all mad......