Despite A Staff Shakeup, AOL Ventures Lives On With Co-Founder Jon Brod At The Helm
Fortune reported earlier today that Mike Brown Jr. and much of the team that ran AOL’s venture funding arm have formed their own VC firm — Bowery Capital — that aims to find and fund enterprise-friendly startups. While it’s somewhat heartening to see a new firm set up shop in New York City, there’s another weighty question here that hasn’t been answered yet: now that nearly all of its staff has spun off a new venture fund, what’s going to happen to AOL Ventures? Well, long story short, it's not going anywhere yet.
AOL's Video Hat Trick: A Slate Of Original Content, Be On Creative Studio, And A Deal With FreeWheel + Mediaocean For Multiscreen Ad Buys
Online video is booming, and today AOL (owner of TechCrunch) unveiled three new initiatives that spell out how it plans to tackle it: 15 original, unscripted shows; a new creative studio, Be On, to create branded videos; and a deal with FreeWheel and Mediaocean to add in AOL’s video inventory to its platform, so that media buyers looking for multiscreen investments across TV and online video can include AOL in the mix. The news was unveiled at the company’s 2013 Digital Content NewFront event, the upfront event where AOL presents its strategy for the year ahead to key advertisers and agencies. The slate of content is not AOL’s move into Netflix-style dramas (for now, at least). Instead, it plays on the network of sites that AOL already owns in the news and information space, which also includes other tech sites like Engadget as well as the Huffington Post. Up to now the AOL On network, the video network that AOL launched last year to span all of those sites and more (the videos go ...
Suitey Is A Software Powered Real Estate Brokerage For New York City Apartments And Homes
At first sight, Suitey looks like nothing more than a run-of-the-mill real estate website. But while sites like Trulia and Zillow merely provide a listing of available properties from a large assortment of brokerages and owners, all the properties on Suitey are being directly offered by Suitey itself. That’s because Suitey is a fully fledged real estate brokerage, and they believe they’re the first software-powered brokerage that offers a better, more transparent home buying experience. At their core, Trulia and Zillow are really nothing more than virtualized billboards. They provide a centralized location for brokers and owners to advertise their for-sale properties. Let’s say you’re looking for a new apartment, and you’ve narrowed down your list to five places. That means you’ll probably have to deal with five different real estate brokers, which from experience can be a total nightmare. With Suitey, everything is simplified. Once again, let’s say you’re looking for an ...
Allen & Company's Nancy Peretsman And Kleiner Perkins' Chi-Hua Chien Are Ready To Disrupt
We're delighted to have Allen and Company Managing Director Nancy Peretsman and Kleiner Perkins Chi Hua Chien lend their judging expertise to our TechCrunch Disrupt Battlefield competition. One of the most powerful women in New York business, Peretsman worked on Google's IPO and the AOL Time Warner spin-off, among other things. And from the West Coast, rising star Chien has already worked at two top-tier VC firms -- where he advises startups like Path, Twitter and Spotify.
Exec CEO Justin Kan Talks Competition, Cleaning, And Future Plans
Hot on the heels of Exec’s Cleaning Service launch in NYC, we couldn’t resist the opportunity to get CEO and co-founder Justin Kan in the studio for a quick chat. We also couldn’t resist checking out the service in action, and thusly hired Execs from the company’s standalone Cleaning app to help tidy up our NYC Aol Ventures crib. For those unfamiliar with Exec, the concept is quite simple. Exec lets you hire people on a case-by-case basis for errand-running and cleaning. The app originally launched as an errand-running service, letting Execs who sign on to the platform (and pass background checks) run to get you coffee, pick up your dry cleaning, or assemble that Ikea bed for you. You’re charged $25 per hour, the majority of which goes to the Exec and a percentage of which goes to the company. After realizing that cleaning was dominating over 50 percent of Exec’s orders, the company launched a standalone Cleaning app in February. Since, the cleaning side of the business has expanded ...