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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

A question that I still hear debated often is whether a new online platform startup growth strategy should focus on user count or profits. That means it solves a real problem for real customers who are ready and able to spend real money. The number of current potential customers is large and growing.

Platform 118
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Panache Acquired By 24/7 Real Media

socalTECH

24/7, which is part of WPP, said it will incorporate Panache's digital video ad technology and formats into its Open AdStream platform. Panache offers up a variety of video ad formats to marketers and advertisers, and counts Fox News, CBS, and MTV Networks as customers. The firm was founded in 2006. READ MORE>>.

Media 140
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Rebranding Should Be Driven By Growth, Not Desperation

InfoChachkie

percent of the domestic market in 2006 but watched that slip to 8.4 In the course of dominating their initial direct response market, a number of enterprise-level advertisers began using Invoca''s unique marketing platform in ways the company had not foreseen. percent in September because of Android and Apple.".

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How Liferay Grew To More Than $100M After Starting In A Church Basement

socalTECH

We focus on digital transformation and customer experience. Bryan Cheung: What we're specifically doing, is a product called the LifeRay digital experience platform. When you start doing that, you create an offering that can be purchased by more customers, and that becomes easier to maintain for us. What is LifeRay?

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Interview with Sean Broihier, Fine Art America

socalTECH

building Fine Art America in 2006 as a part time project, and launched the web site in 2007. I realized that I should build a platform to put content. In 2006, the whole concept was new and novel, and I converted by engineering site to an art site. platform, turned it into an art site, and it just took off from the get go.

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Interview with Jeb Spencer, TVC Capital

socalTECH

They had been slowly building their technology and growing customers, and it was a very much break-even type of business. Jeb Spencer: When we first met Accordent, they were doing less than $1M in revenue, and were located a block from the beach in Hermosa Beach, but we were amazed at the number of customers they already had acquired.

Capital 168
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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

CTO Hire 248