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Amie Street
Amie Street was an indie online music store and social network service created in 2006 by Brown University seniors Elliott Breece, Elias Roman, and Joshua Boltuch, in Providence, Rhode Island. The site was notable for its demand-based pricing. The company was later moved to Long Island City in Queens, New York. In late 2010, the site was sold to Amazon who redirected customers to their own website. History Founded in early 2006, Amie Street opened to the public with a pre-alpha version on July 4, 2006 and was quickly scooped by Michael Arrington of TechCrunch. It grew and creating partnerships with various record labels including CD Baby, The Orchard, Nettwerk Music Group, and Daptone Records. A beta version was launched on October 4, 2006. On December 11, 2007, Amie Street Japan launched in partnership with Turbolinux. On August 5, 2007, Amie Street announced a site redesign and, led by Amazon.com, closed their Series A round of venture capital funding. Notable angel investors ...
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Supply And Demand
In microeconomics, supply and demand is an economic model of price determination in a Market (economics), market. It postulates that, Ceteris paribus, holding all else equal, in a perfect competition, competitive market, the unit price for a particular Good (economics), good, or other traded item such as Labour supply, labor or Market liquidity, liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics. In macroeconomics, as well, the AD–AS model, aggregate demand-aggregate supply model has been used to depict how the quantity of real GDP, total output and the aggregate price level may be determined in equilibrium. Graphical representations Supply schedule A supply schedule, depicted graphically as a supply cu ...
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Amazon
Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technology company Amazon or Amazone may also refer to: Places South America * Amazon Basin (sedimentary basin), a sedimentary basin at the middle and lower course of the river * Amazon basin, the part of South America drained by the river and its tributaries * Amazon Reef, at the mouth of the Amazon basin Elsewhere * 1042 Amazone, an asteroid * Amazon Creek, a stream in Oregon, US People * Amazon Eve (born 1979), American model, fitness trainer, and actress * Lesa Lewis (born 1967), American professional bodybuilder nicknamed "Amazon" Art and entertainment Fictional characters * Amazon (Amalgam Comics) * Amazon, an alias of the Marvel supervillain Man-Killer * Amazons (DC Comics), a group of superhuman characters * The Amazon, a ' ...
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Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origin T ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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Daptone Records
Daptone Records is a funk and soul independent record label based in Brooklyn, New York. Best known as the home of Sharon Jones & The Dap-Kings and Charles Bradley, the label boasts a roster which includes Menahan Street Band, The Budos Band, The Sugarman 3, and Antibalas, and runs the recording studio Daptone's House of Soul. History Daptone Records was formed in 2001 by Gabriel Roth (Bosco Mann) and Neal Sugarman. Daptone was born out of the closure of Desco Records, a label run by Roth with fellow musician Philip Lehman who both played in the band Soul Providers. Roth and Lehman ended their band and business relationship in 2000. Roth, who had played with Sharon Jones as part of the Soul Providers, subsequently founded a new label with Neal Sugarman, leader of The Sugarman 3, as the home of their new group, Sharon Jones & the Dap-Kings. Their first release was 2002's ''Dap Dippin' with Sharon Jones and the Dap-Kings''. In their first four years, Daptone would also put out ...
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Nettwerk
Nettwerk Music Group is the umbrella company for Nettwerk Records, Nettwerk Management, and Nettwerk One Publishing. Established in 1984, the Vancouver-based company was created by Nettwerk principals Terry McBride and Mark Jowett as a record label to distribute recordings by the band Moev, but the label expanded in Canada and internationally. Specializing in electronic music genres such as alternative dance and industrial, the label also became a major player in pop and rock in the late 1980s and 1990s, with label and management clients including Coldplay, Sarah McLachlan, Dido, and Barenaked Ladies. Nettwerk has on its label, management and publishing rosters Perfume Genius, The Veils, fun., Passenger, Christina Perri, Guster, Family of the Year, Leisure, Beta Radio, and Ólafur Arnalds. History In 1984, Terry McBride and his friend Mark Jowett attended — and both dropped out of — the University of British Columbia. McBride had studied civil engineering while Jowett t ...
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Ars Technica
''Ars Technica'' is a website covering news and opinions in technology, science, politics, and society, created by Ken Fisher and Jon Stokes in 1998. It publishes news, reviews, and guides on issues such as computer hardware and software, science, technology policy, and video games. ''Ars Technica'' was privately owned until May 2008, when it was sold to Condé Nast Digital, the online division of Condé Nast Publications. Condé Nast purchased the site, along with two others, for $25 million and added it to the company's ''Wired'' Digital group, which also includes ''Wired'' and, formerly, Reddit. The staff mostly works from home and has offices in Boston, Chicago, London, New York City, and San Francisco. The operations of ''Ars Technica'' are funded primarily by advertising, and it has offered a paid subscription service since 2001. History Ken Fisher, who serves as the website's current editor-in-chief, and Jon Stokes created ''Ars Technica'' in 1998. Its purpose was ...
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The Orchard (music Label)
The Orchard is an American music and entertainment company, specializing in media distribution, marketing, and sales. It is a subsidiary of Sony Music, based in New York City. In 2019, the company sold off its film and television division, which was renamed 1091 Media. History Founding The company was founded in 1997 by Scott Cohen and Richard Gottehrer in New York City. Dimensional Associates Acquisition In early 2003, The Orchard was bought by Dimensional Associates. Danny Stein, the CEO of Dimensional Associates, was appointed Executive Chairman, and Greg Scholl left management consulting firm McKinsey & Company to become The Orchard's CEO, changing its strategy and operating model and building a new management team. In 2009, The Orchard was named the 66th-fastest growing company in North America for the five-year period from 2004 to 2009. In 2009, Scholl accepted a position as president, Local Integrated Media at NBCUniversal and Brad Navin was appointed CEO. I ...
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Wired (magazine)
''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including '' Wired UK'', ''Wired Italia'', ''Wired Japan'', and ''Wired Germany''. From its beginning, the strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto. With founding creative director John Plunkett, Rossetto in 1991 assembled a 12-page prototype, nearly all of whose ideas were realized in the magazine's first several issues. In its earliest colophons, ''Wired'' credited Canadian media theorist Marshall McLuhan as its "patron saint". ''Wired'' went on to chronicle the evolution of digital technology and its impact on society. ''Wired'' quickly became recognized ...
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CD Baby
CD Baby, Inc. is an online distributor of independent music. The company was described as an "anti-label" by its parent company's Chief Operating Officer Tracy Maddux. The CD Baby music store was shut down in March 2020 with a statement that "CD Baby retired our music store in March of 2020 in order to place our focus entirely on the tools and services that are most meaningful to musicians today and tomorrow." In 2019, CD Baby was the only digital aggregator with top preferred partner status with both Spotify and Apple Music, and it was home to more than 650,000 artists and nine million tracks that were made available to over 100 digital services and platforms around the globe as of May 2019. The firm, as of 2018, operated out of Portland, Oregon, with offices in New York City and London. History CD Baby was founded in 1998 by Derek Sivers during the dot-com craze. In 2000, the firm moved to Portland, Oregon, where they remain headquartered today. In 2004, CD Baby began offer ...
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