Demand Media IS Blowing Up!!
Published by bruinbear on Tagged Startup Company, Internet Tidbits, Job Searchdel.icio.us Digg Furl Reddit Ask Google Netscape Simpy Socializer StumbleUpon Technorati Windows Live Wists Yahoo!
I had a late one last Wednesday night with the mother in-law in town, sleeping on our pull out couch. It seems that anytime you get a married daughter and her mother together for an overnight, they will keep the entire house up late at night catching up (some just call it gossiping) But, I digress……..
While I was at Shopzilla, I was introduced to a very savvy Internet entrepreneur named Michael Blend from Hotkeys, a website operator for some of the most notable general term domains online. Michael has always been a straight up guy with me and as soon as I sent out the email about my resigning from Shopzilla, he was the first person to offer his help and the first person that kept his word! Thanks Michael!
Michael’s Hotkeys company was acquired by Demand Media the Richard Rosenblatt lead company, months back. In fact, when I was out at the TRAFFIC conference (The king of all domain conferences) in Florida last year, I believe that Hotkeys had already been acquired, which would explain his high energy, positive mood at the conference! Michael had indicated that there was a ton of opportunity within Demand’s growing media group and connected me to Larry Fitzgibbon, Senior Vice President, Monetization, who followed up with me within only a few hours of my reaching out.
I met with Larry and Steven Kydd, Executive Vice President, Content and Business Development within only days and really enjoyed my conversation with them both. That is of course, once I found their offices located on 3rd Street Promenade, tucked way behind the more typical retail shops that are otherwise found on the promenade.
Frankly speaking, Demand Media is blowing up! They have developed a system for acquiring underutilized / under monetized properties and maximizing the full value of those properties by integrating various tools developed in-house, including social networking tools, answers platform, ehow content among many others. They are a fully integrated next generation media company with leading registrar enom.com, domain parking provider Hotkeys and a number of premium content properties among Demands’ portfolio. After raising $220MM last year the team is focused on growing the business to a $2B market cap over the next two years. Now that’s FAST!!
I like what I heard from the guys at Demand Media and look forward to hearing back from them once they are in a better position to bring on additional GM types or deal makers after their next round of content acquisitions over the coming weeks. Larry and Steven demonstrated not only the will to pull off Demand’s “2 in 2” plan, both with that “something to prove” edge after both having worked during the bubblicious days at a couple of dot com busts but also the smarts to make it happen. This is a solid team all around.
Sphere: Related Content
June 14th, 2007 at 11:54 am
just testing out some new fucntionality on the site. will post sometime later today with the happenings this week.
June 14th, 2007 at 11:55 am
still testing this nested comments fucntionality to see what it looks like
June 14th, 2007 at 11:56 am
testing#3
June 14th, 2007 at 12:50 pm
here we go with yet another test
June 14th, 2007 at 3:31 pm
I met Michael when I was at my former employer (a mid-sized internet co)– he had a good formula for contextualizing and content-izing domains. He was definitely on to something and ahead of most of the pack with interesting things to do with otherwise dormant domains. Looks like Demand saw this too. Good for Michael!
June 6th, 2009 at 12:11 am
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can u tell us more about Demand’s “2 in 2” plan?
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June 21st, 2010 at 5:18 am
Want to know some more about Demand’s “2 in 2” plan?
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June 22nd, 2010 at 11:28 pm
Funny how no one seems to catch the fact that some local Chambers wish to keep from being blown up by the likes of SIEU thugs that have proven they will beat up opposition minding their own business &/or bite fingers off of them, as they did last year, thus choose not voice their views at times.Like the fraud that called a press conference in DC late 2009 — and were busted by the US Chamber. Hilarious!
Our companies have been members of the local Chamber for many years.
Why is MJ dead set against them? Because their views differ than yours?
Interesting!
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