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He built & IPOd Demand Media. Is it any surprise to see Zulily in Seattle, Wayfair in Boston, ExactTarget in Indianapolis, TrueCar in Los Angeles, GroupOn in Chicago or BuzzFeed in NYC? He built & sold iMall in Internet 1.0 for $565 million to Excite. He led and sold MySpace to Fox for $650 million.
Demand Media made a business out of that. It will be less about celebrities, but more along a Wired or more intellectual Buzzfeed, and we'll also further our reach into gaming, music, and elsewhere in our same format. Vic Belonogoff: It all starts with the content. But, we're not in that world anymore. READ MORE>>.
It doesn’t matter who you are; you can be writing long-form journalism for Rolling Stone, doing advertorials for BuzzFeed, or you can be writing the menu for the restaurant down the street. You have Demand Media here. We are handling writing and the relationship between writers and publishers. You even got Yahoo!
Founded in Los Angeles by Latinos to address the growing demand for short-form online video for Millennials it is probably single-handedly improving the diversity of the tech industry as the employee base is overwhelmingly Latino and proud. In long-form online video, companies were also broad in nature: Hulu, Netflix, Amazon and Apple TV.
Some, of course, agree with me that BuzzFeed has been and continues to be the gold standard innovator in digital media to emulate. Or perhaps you think Donald Trumps assessment that BuzzFeed is a “ Failing pile of garbage is correct?” Others are skeptical, “Ha! Wasn’t Jonah worried about “platform risks?”
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