After receiving a late fee of $40 dollars for an overdue Apollo 13 videotape, Reed Hastings and Marc Randolph founded which online company in 1997?
"mailed to them, and a serialized delivery system that automatically mailed out a DVD as soon as the previous rental was returned. The subscriber data collected by the user interface fed a recommendation engine known as Cinematch, that helped manage the company’s limited DVD inventory by guiding subscribers to movies and TV shows that were in stock and generally away from new releases. Randolph ceded the CEO post to Hastings in 1999 and turned to product development. He and founding team member Mitch Lowe tested a concept for a movie rental kiosk called Netflix Express that Lowe later turned into"
"in Santa Cruz and Pure Atria's headquarters in Sunnyvale while waiting for government regulators to approve the merger, although Hasting has given several different explanations for how the idea was created. Hastings invested $2.5 million in startup cash for Netflix. Randolph admired the fledgling e-commerce company Amazon and wanted to find a large category of portable items to sell over the Internet using a similar model. They considered and rejected VHS tapes as too expensive to stock and too delicate to ship. When they heard about DVDs, which were first introduced in the United States on March 31, 1997, they"
"Valley start-ups, including heading marketing at desktop scanner maker Visioneer, and then as a member of the founding team of Integrity QA, a developer of automated software testing products. In late 1996, software debugging company Pure Atria acquired the nine-person software startup. Pure Atria’s founder and CEO Reed Hastings retained Randolph as vice president of corporate marketing for the rapidly expanding Pure Atria. In late 1996, Pure Atria announced that Rational Software would acquire it in an $850 million stock swap in what was then the richest merger in Silicon Valley history. Hastings and Randolph commuted together between their homes"
"In 2001, Listen.com launched Rhapsody, an unlimited music streaming service for $9.99 a month—the first licensed service of its kind. In 2003, the company was acquired by RealNetworks, where Reid remained as a company vice president. Later, MTV purchased Rhapsody from RealNetworks for $230 million. In March 1999, Reid became the founding outside board member of IGN Entertainment. IGN went public in March of the following year and was acquired by News Corp in September 2005 for $650MM. In March 2012, Reid gave a TED talk called ""The $8 Billion iPod."" He explained his idea of ""copyright math."" The talk"
"Nathan Oorloff, Jack Murphy, Ryan Blunden, Tom Knox, Eoin McCarthy, Simon Litchfield and the team at Josephmark. The company was backed by ""Graeme Wood"", the successful Australian Internet entrepreneur and philanthropist. Hunted Media provided fee for service web and mobile development services to support the ongoing development of the We Are Hunted service. The Hunted Media team had established a reputation in the digital music industry as an app development powerhouse working with companies like MySpace, MTV, Sony, eMusic, SiriusXM, Condé Nast and The Echonest. The site was launched on 17 April 2009. It was featured on popular online technology"
"disc rental plans from Netflix. Eleven James was founded in 2013 by Randy Brandoff, former NetJets CMO. Brandoff also helped to launch Tequila Avion, a leading spirits brand made popular by the HBO series “Entourage,” where he was a co-founder and principal prior to the company’s sale to Pernod Ricard in 2014. The company's name itself is a reference to the man whom Brandoff calls the prototypical Eleven James member: James Bond, the spy who's always equipped with gadgets. Since launching Eleven James in 2014, the company raised $6.72 million in a Series A investment. As of January 2017, Eleven"
"the U.S. version of MacUser magazine in 1984. While co-founding computer mail-order firms MacWarehouse and MicroWarehouse with Peter Godfrey and his partners about a year later, Randolph made the connection between overnight delivery and improved customer retention. The discovery later proved crucial to Netflix’s growth and survival: the company’s subscriber base first blossomed and cut into Blockbuster Inc revenues in cities where Netflix offered overnight DVD delivery. Randolph spent the dawn of the Internet age building direct-to-consumer marketing operations at software giant Borland International starting in 1988. He left Borland in 1995 for a series of short stints at Silicon"
"for AOL, including the purchases of technology news portal TechCrunch in September 2010, Adap.tv in 2013 for $405 million, and Gravity in January 2014. Armstrong appointed Saul Hansell, a technology and finance reporter of ""The New York Times"" to run a journalism and engineering system for AOL called Seed, based on the concept that editors can make decisions on what to write about by compiling data and algorithms from the leading search engines like Google and social network sites like Facebook. By January 2011, Seed had a staff of 25 and had taken an active role in writing both news"
"MBA '96 – Hanke founded Keyhole, Inc., which eventually became Google Earth. <br>Peter Vlastelica and Jack Kloster, both MBA '06- Vlastelica and Kloster founded Yardbarker, which aims to be the main social website for sports fans, players and others. <br>Danae Ringelmann and Eric Schell, both MBA '08- The two, along with Slava Rubin, founded Indiegogo, a crowdfunding platform for all creative, cause, and entrepreneurial projects. <br>Brett Wilson and John Hughes, MBA '07 – The two entrepreneurs founded TubeMogul, a programmatic advertising platform for video advertising, and won the 2007 Bplan competition. The company went public on the NASDAQ (TUBE) in"
"users. Intermix agreed to settle the suit for US$7.9 million, but did not admit culpability. Rosenblatt negotiated the sale of MySpace for US$580 million to Rupert Murdoch's News Corp. on July 20, 2005, and served as a consultant to Fox for six months before co-founding Demand Media with Shawn Colo in May 2006. Intermix Media Intermix Media, Inc. (AMX symbol: MIX; formerly eUniverse) was an American Internet marketing company that owned the MySpace website. Founded in 1998, the company was based in Los Angeles, U.S. In February 2004, Richard Rosenblatt became CEO of Intermix and Chairman of MySpace. He restored"
"Goldman Sachs, Bear Stearns, and Allen & Company. In 1999, at the age of 24, Rascoff co-founded Hotwire.com, a leading Internet travel company, which a few years later he sold to InterActiveCorp (the parent company of Expedia). He then served as vice president of lodging for Expedia before leaving to work for Zillow. Rascoff began working for Zillow from its startup phase in 2005, and served various roles though the years including chief operating officer, until his appointment to CEO in 2010. As CEO, Rascoff has led Zillow through its 2011 IPO and 15 acquisitions. In 2017, Spencer was named"
"Andreessen shared information with Zuckerberg regarding their progress and concerns as well as helping Zuckerberg negotiate against shareholders. Court documents included transcripts of private texts between Zuckerberg and Andreessen. Marc Andreessen Marc Lowell Andreessen ( ; born July 9, 1971) is an American entrepreneur, investor, and software engineer. He is the co-author of Mosaic, the first widely used Web browser; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform"
"of $10,000 offered for researchers who presented the most relevant evidence around mobile-email technologies. In March 2011, Article One Partners launched community examination of patents owned by Interval Research Corporation, a non-practicing entity co-founded by Paul Allen and David Liddle. The patents were the subject of a lawsuit filed by Interval Research Corp. against defendants Apple, Google, Facebook, Yahoo!, AOL, eBay, Netflix, OfficeMax, and Staples. In the lawsuit, Interval Research Corp. asserted that the defendants used technology on their websites that was originally created by a company owned by Allen. In June 2011, AOP launched a community examination of a"
"fees starting at USD$100, but has since been released as open source under the MIT License. Dynamix Dynamix, Inc. was an American developer of video games from 1984 to 2001, best known for the flight simulator ""Red Baron"", the puzzle game ""The Incredible Machine"", the ""Front Page Sports"" series, the acclaimed ""Betrayal at Krondor,"" and their online multiplayer game ""Tribes"". The company was founded in Eugene, Oregon in 1984 by Jeff Tunnell and Damon Slye. Their first title, ""Stellar 7"", was released before company founding and was later re-released with the Dynamix name on it. They made a number of"
"Rich Barton Richard Barton (born June 2, 1967) is an American former Microsoft executive and founder of online travel company (and Microsoft spinoff) Expedia, Inc., real-estate internet company Zillow, and job search engine and career community Glassdoor. He also founded the online travel photography sharing site Trover, which was acquired by Expedia in 2016. Barton is also a venture partner at Benchmark and is on the board of directors for Netflix, Avvo, RealSelf, Nextdoor and Artsy. In 2002, he was named as one of the top 100 innovators under 35 by MIT Technology Review. In April 2014, he was named"
"and Frank Pearce (BA '90) are the founders of Blizzard Entertainment, developer of the award-winning ""Warcraft"", ""StarCraft"" and ""Diablo"" computer game franchises. Tom Anderson is a co-founder of the social networking website Myspace. Ben Horowitz (MS '90) is a co-founder of the Silicon Valley venture capital firm Andreessen Horowitz. Computer scientist Vint Cerf ('70, '72) is Vice President and Chief Internet Evangelist at Google and the person most widely considered the ""father of the Internet."" Henry Samueli ('75) is co-founder of Broadcom Corporation and owner of the Anaheim Ducks. Susan Wojcicki (MBA '98) is the CEO of YouTube. Travis Kalanick"
"February 2010, a Gratis Internet spinout called Social Cash, an advertising network for Facebook applications, was purchased by LifeStreet Media, of San Carlos, Calif., for an undisclosed sum. In September 2004, the company was criticized by customers for failing to ship iPods, and for inundating them with additional spam e-mail. The company said it was shipping iPods, but that they could not get enough from Apple Computer to fill the demand. The co-founders, Peter Martin and Rob Jewell, denied giving customer e-mail information to third-party companies, but admitted customers do receive a small number of messages from select parties. ""We"
"2004, Mark Zuckerberg, Andrew McCollum, Adam D'Angelo, and Sean Parker of Facebook launched a competing peer-to-peer file sharing service called Wirehog. Traction was low compared to i2hub, and Facebook ultimately shut it down. As its user-base expanded, it attracted the attention of ConnectU. A partnership allegedly formed between i2hub and ConnectU. The partnership, called The Winklevoss Chang Group, jointly advertised their properties through bus advertisements as well as press releases. i2hub integrated its popular software with ConnectU's website, as part of the partnership. The team also jointly launched several projects and initiatives, including: The network was criticized by the Recording"
"best-known of these appears to be DuoCash, a micropayments company made infamous through a series of photographs posted on MindVox, taken from the DuoCash office building, located across the street from where the World Trade Center had stood a few days before. As of 2005, Bruce Fancher is the vice president of Technology at Lagardere Active, North America. Bruce Fancher Bruce Fancher (also known as Timberwolf) (born April 13, 1971) is a former computer hacker and member of the notable Legion of Doom hacker group. He co-founded MindVox in 1991 with Patrick K. Kroupa. Bruce Fancher grew up in New"
"compete with international multimedia conglomerates. Disney lost a $10.4 million lawsuit in September 1997 to Marsu B.V. over Disney's failure to produce as contracted 13 half-hour ""Marsupilami"" cartoon shows. Instead, Disney felt other internal ""hot properties"" deserved the company's attention. Disney, which had taken control of the Anaheim Angels in 1996, purchased a majority stake in the team in 1998. That same year, Disney began a move into the internet field with the purchase of Starwave and 43 percent of Infoseek. In 1999, Disney purchased the remaining shares of Infoseek and launched the Go Network portal in January. Disney also"
"1991. Zhu met Iyar, then a vice-president and general manager of Quarterdeck, when Quarterdeck acquired Future Labs in 1996. Iyar became president of Future Labs, which had become a Quarterdeck subsidiary, and the same year Iyar and Zhu went on to co-found WebEx. On March 15, 2007, Cisco Systems announced it would acquire WebEx for $3.2 billion. David Thompson, the first vice-president of marketing at VideoTouch, coined the name ""WebEx"" in late 1998 as the company transitioned from its original software business-model to relaunch as a SaaS company in 1999. Traveling Software, which changed its name in September 1999 to"
"at Rupture. A few months after Fanning was laid off from Electronic Arts, he started a new company called Path.com. In January 2010, Dave Morin announced he was leaving Facebook, where he was a Senior Platform Manager, to join Fanning and become CEO at Path. In 2011 Fanning reunited with Napster cofounder Sean Parker to found Airtime.com. Some of the investors are Ron Conway, Michael Arrington, and Ashton Kutcher. Fanning serves as CEO and Parker as executive chairman. Airtime launched in June 2012 at a disastrous public event where Parker and Fanning paid huge amounts of money to have celebrities"
"Mark Zuckerberg, Andrew McCollum, Adam D'Angelo, and Sean Parker of Facebook launched a competing peer-to-peer file sharing service called Wirehog. Traction was low compared to i2hub, and Facebook ultimately shut it down. As users flocked to the service, it attracted the attention of ConnectU and founders Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra. A partnership allegedly formed between i2hub and ConnectU. The partnership, called The Winklevoss Chang Group, jointly advertised their properties through bus advertisements as well as press releases. i2hub integrated its popular software with ConnectU's website, as part of the partnership. The team also jointly launched several projects"
"Veen at Wake Forest. They began by posting silly photos of themselves as well as jokes, links, and other amusing material they collected from emails circulating among college students. Within three months the site was receiving over 600,000 visitors per month and $8,000 in monthly revenue. In under a year they received a buyout offer from an Internet company called eFront for $9 million, most of which would have been financed with stock shares. Abramson and Van Veen refused the offer and continued to grow the company themselves. In 2001 they added Jakob Lodwick, a student at Rochester Institute of"
"the Robertson Education Empowerment Foundation (REEF) to provide University of California, San Diego students with financial aid, under the agreement that they would contribute a percentage of their later earnings to the foundation's funds. Michael Robertson (businessman) Michael Robertson (born 1967) is the founder and former CEO of MP3.com, an Internet music site. In the years following his departure from MP3.com Robertson has launched several companies, including Linspire, SIPphone, MP3tunes, and Ajax13. He is also founder of OnRad.io, a search engine for radio and DAR.fm, a website for recording audio from internet radio. Robertson was the founder of the original"
"Intermix Media Intermix Media, Inc. (AMX symbol: MIX; formerly eUniverse) was an American Internet marketing company that owned the MySpace website. Founded in 1998, the company was based in Los Angeles, U.S. In February 2004, Richard Rosenblatt became CEO of Intermix and Chairman of MySpace. He restored the company to profitability and, together with Chris Dewolfe and his team, grew MySpace into a popular media property. In April 2005, New York State attorney-general Eliot Spitzer filed a lawsuit alleging the company was the source of secretly installed spyware that illegally sent pop-up advertisements and other intrusions to millions of computer"
"over the 1994 Christmas break and purchased an Apple Internet Server. They founded a programming company, WebGenesis, and spent the next few months programming what would become their primary website. theGlobe.com went live April 1, 1995, and attracted over 44,000 visits within the first month. They readily recruited talent from the Cornell computer science department and had 17 employees by the site's first anniversary. The pair used the popularity of the site and the increasing interest in the internet in 1997 to secure $20 million in financing through Dancing Bear Investments. As a result, Paternot and Krizelman received salaries in"
"engine was commercially deployed in the TuneTo.com customized radio service, and was also used in their ""celestial jukebox"" prototype, called Aladdin. In April 2001, TuneTo.com was acquired by Listen.com, a startup founded in San Francisco by author and entrepreneur Rob Reid, that had built a large online music directory. Aladdin was transformed into the Rhapsody music service during the summer and fall of 2001 and was launched on December 3, 2001. Rhapsody was the first streaming on-demand music subscription service to offer unlimited access to a large library of digital music for a flat monthly fee, a concept advocated by"
"acquired by Yahoo. They were more entrepreneurial than Microsoft. We had a great cultural fit – it made a lot of sense."" In the end, Yahoo! acquired Four11 for $96 million. The purpose behind acquiring Four11 was the company's RocketMail webmail service, which launched in 1997. Yahoo! announced the acquisition on October 8, 1997, close to the time that Yahoo! Mail was launched. Yahoo! chose acquisition rather than internal platform development, because, as Healy said, ""Hotmail was growing at thousands and thousands users per week. We did an analysis. For us to build, it would have taken four to six"
"Jon Radoff Jon Radoff (born September 17, 1972) is an American entrepreneur, author and game designer. His work has focused on online communities, Internet media and computer games. Radoff dropped out to found NovaLink, an early internet service provider. In 1991, while at NovaLink, he created ""Legends of Future Past"", one of the first commercial MMORPGs. In 1997, he founded Eprise Corporation, a creator of Web content management software. Eprise went public on the NASDAQ stock market in 2000 and was acquired by Divine Inc. in 2001. On September 21, 2006, Radoff founded GamerDNA, a social media company that developing"
"of a promotional deal with America Online. The CyberComics were placed into the ""AOL/Marvel Zone"" and were exclusively available to AOL users. In 1997 Marvel built their own website at MarvelOnline.com and the CyberComics were freely available to all users through registration on MarvelZone.com (due to the contract with AOL). On September 17, 1999 ""NextPlanetOver.com"" (NPO), a now-defunct online comics store, announced a one-year marketing and content licensing deal with Marvel Comics. Terms included a year of run-of-site advertising on Marvel.com. In addition, NextPlanetOver.com was sponsoring monthly CyberComics created exclusively for them by Marvel. NPO was bought out less than"
"content based on their interests, for $83 million. The deal, which included roughly 40 Gravity employees and their personalization technology, was CEO Tim Armstrong's fourth largest deal since taking over the company in 2009. Later that year, AOL also acquired Vidible, which developed technology to help websites run video content from other publishers, and help video publishers sell their content to these websites. The deal, which was announced December 1, 2014, was reportedly worth roughly $50 million. On July 16, 2014, AOL earned an Emmy nomination for the AOL original series, The Future Starts Here, in the News and Documentary"
"third-party websites, such as personal blogs and forums. This policy change, enacted with no advance notice, has been highly controversial. As a result, users who previously relied on Photobucket to freely host content embedded on forums, blogs, and websites must either pay the annual subscription (previously there was no charge), or switch to another 3rd party server and recreate every link (potentially thousands) for every photo previously linked to Photobucket. Photobucket was founded in 2003 by Alex Welch and Darren Crystal and received funding from Trinity Ventures. It was acquired by Fox Interactive Media in 2007. In December 2009, Fox's"