Surprise: chief executives out at Podtech, Technorati
The chief executives of PodTech, a tech-news company, and Technorati, a blog search engine, separately announced their departures today — neither move is unexpected from these formerly high-flying companies
Both launched a couple of years ago, when the promise of podcasting and blogging were exciting but not well understood. They both made big bets about the evolution of the web that have — from what we can tell — turned out to be off.
Podtech’s John Furrier… Continue Reading
Podtech takes on more debt — but must decide whether fish or fowl
updated
Plenty is being written about the woes of podcast company Podtech.
Now the company tells us it is taking on more debt, and will be making an announcement soon. This follows a recent $2 million round of fresh capital reported last week.
Podtech, a San Mateo, Calif. launched more than a year ago to create content that could be streamed to viewers, and planned to find advertising to insert inside of the content.
It was never clear… Continue Reading
Two more video companies: National Banana, RockinCat
Silicon Valley’s venture capitalists continue to pump money into new video companies, even though there are hundreds, if not thousands, of video sites already out there.
The latest include National Banana, a site that produces serial comedy videos, and RockinCat, music videos from the Sunset Strip.
National Banana’s videos are produced by Hollywood’s Jerry Zucker, known for satirical movies “Airplane” and “Naked Gun.” Like Revision3, another video company, National Banana is bringing its comedy in episodes.
You might… Continue Reading