Inverse (website)
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Inverse (website)
''Inverse'' is an online magazine from Bustle Digital Group, covering topics such as technology, science, and culture for a Millennials, millennial audience. History Launched in 2015 by Dave Nemetz, co-founder of ''Bleacher Report'', the site was made possible through seed funding with its headquarters in San Francisco, California and the editorial staff initially based in Brooklyn, New York. As of August 2016, the site had over 4.9 million U.S. multiplatform unique visitors. The company raised a $6 million Series A funding in 2016, led by Crosslink Capital with participation from Bertelsmann#Bertelsmann Investments, Bertelsmann Digital Media Investments. In 2017, the headquarters was moved to SoHo, Manhattan, New York City with an expanded staff of approximately 30 full-time employees and 25 freelancers. In September 2017, the company debuted two shows on the Facebook Watch platform. On August 15, 2018, six staff writers (15 percent of the staff) were laid off after it was ...
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Bustle Digital Group
''Bustle'' is an online American women's magazine founded in August 2013 by Bryan Goldberg. It positions news and politics alongside articles about beauty, celebrities, and fashion trends. By September 2016, the website had 50 million monthly readers. History ''Bustle'' was founded by Bryan Goldberg in 2013. Previously, Goldberg co-founded the website Bleacher Report with a single million-dollar investment. He claimed that "women in their 20s have nothing to read on the Internet." ''Bustle'' was launched with $6.5 million in backing from Seed and Series A funding rounds. It surpassed 10 million monthly unique visitors in July 2014, placing it ahead of rival women-oriented sites such as ''Refinery29'', ''Rookie'' and ''xoJane''; it had the second greatest number of unique visitors after Gawker's ''Jezebel''. By 2015, ''Bustle'' had 46 full-time editorial staff and launched the parenting sister site ''Romper''. In September 2016, ''Bustle'' launched a redesign using the company's ...
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Bertelsmann
Bertelsmann SE & Co. KGaA () is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates, and is also active in the service sector and education. Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. After World War II, Bertelsmann, under the leadership of Reinhard Mohn, went from being a medium-sized enterprise to a major conglomerate, offering not only books but also television, radio, music, magazines and services. Its principal divisions include the RTL Group, Penguin Random House, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. Bertelsmann is an unlisted and capital market-oriented company, which remains primarily controlled by the Mohn family. History 1835 to 1933 The nucleus of the corporation is the ''C. Bertelsmann Verlag'', a publishing house established on July 1, 1835 by ...
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Online Mass Media Companies Of The United States
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: "online identity", "online predator", "online gambling", "online game", "online shopping", "online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", "cybercrime", "email", and "ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in bri ...
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New York (magazine)
''New York'' is an American biweekly magazine concerned with life, culture, politics, and style generally, and with a particular emphasis on New York City. Founded by Milton Glaser and Clay Felker in 1968 as a competitor to ''The New Yorker'', it was brasher and less polite, and established itself as a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles on American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, John Heilemann, Frank Rich, and Rebecca Traister. In its 21st-century incarnation under editor-in-chief Adam Moss, "The nation's best and most-imitated city magazine is often not about the city—at least not in the overcrowded, traffic-clogged, five-boroughs sense", wrote then-''Washington Post'' media critic Howard Kurtz, as the magazine increasingly published political and cultural stories of national significance. Since its redesign and relaunch in 2004, the magazine has won more National Mag ...
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BuzzFeed
BuzzFeed, Inc. is an American Internet media, news and entertainment company with a focus on digital media. Based in New York City, BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III to focus on tracking viral content. Kenneth Lerer, co-founder and chairman of ''The Huffington Post'', started as a co-founder and investor in BuzzFeed and is now the executive chairman. Originally known for online quizzes, "listicles", and pop culture articles, the company has grown into a global media and technology company, providing coverage on a variety of topics including politics, DIY, animals, and business. In late 2011, BuzzFeed hired Ben Smith of ''Politico'' as editor-in-chief, to expand the site into long-form journalism and reportage. After years of investment in investigative journalism, by 2021 '' BuzzFeed News'' had won the National Magazine Award, the George Polk Award, and the Pulitzer Prize, and was nominated for the Michael Kelly Award. BuzzFeed generates ...
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Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publishing house Axel Springer. It operates several international editions, including one in the United Kingdom. ''Insider'' publishes original reporting and aggregates material from other outlets. , it maintained a liberal policy on the use of anonymous sources. It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but is criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million), implying a total valuation of $442 million. In February 2021, the brand was renamed simply ''Insider''. History ''Busi ...
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Facebook Watch
Facebook Watch is a video on demand service operated by American company Meta Platforms (previously named Facebook, Inc.). The company announced the service in August 2017 and was available to all U.S. users that month. Facebook Watch's original video content is produced for the company by others, who earn 55% of advertising revenue (Facebook keeps the other 45%). Facebook Watch offers personalized recommendations for videos to watch, as well as categorized content bundles depending on factors such as popularity and social media engagement. Facebook wants both short-form and long-form entertainment on its platform. The company reported a total budget of $1 billion for content through 2018. Facebook monetizes videos through mid-roll advertising breaks and planned to test pre-roll advertising in 2018. On August 30, 2018, Facebook Watch became available to all Facebook users worldwide. As of September 2020, Facebook reported that Facebook Watch had more than 1.25 billion monthly vis ...
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SoHo, Manhattan
SoHo, sometimes written Soho (South of Houston Street), is a neighborhood in Lower Manhattan, New York City. Since the 1970s, the neighborhood has been the location of many artists' lofts and art galleries, and has also been known for its variety of shops ranging from trendy upscale boutiques to national and international chain store outlets. The area's history is an archetypal example of inner-city regeneration and gentrification, encompassing Socioeconomics, socioeconomic, cultural, political, and architectural developments. The name "SoHo" derives from the area being "South of Houston Street", and was coined in 1962 by Chester Rapkin, an urban planner and author of ''The South Houston Industrial Area'' study, also known as the "Rapkin Report". The name also recalls Soho, an area in London's West End of London, West End. Almost all of SoHo is included in the SoHo–Cast Iron Historic District, which was designated by the New York City Landmarks Preservation Commission in 1973, ...
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Crosslink Capital
Crosslink Capital is a leading early-stage venture capital firm with an asset management business that continues into the public equity market for fast-growing companies. The firm has over $2.0B assets under management that it invests in consumer and enterprise businesses. Crosslink Capital was founded in 1989 and has offices in San Francisco, California and Woodside, California. History Crosslink traces its roots to 1989 with the formation of its first venture capital fund within Robertson, Stephens. Michael Stark and Sy Kaufman were the general partners of the fund and ran a distinct investment team. In January 1999, Crosslink was formed when the management team completed a management buyout and began operating as an independent organization named Crosslink Capital. All funds and relevant employees were transferred to Crosslink at that time. Investments Crosslink Capital prefers to partner with companies in venture capital at the earliest stages across all sectors. Crosslink ...
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Dave Nemetz
Dave Nemetz is an American entrepreneur and business executive best known for co-founding Bleacher Report. He founded Inverse in 2015, and was CEO of the company for its first years; he sold it in 2020. Career Nemetz co-founded Bleacher Report, Inc. in 2007 with three of his high school friends and served as the Vice President of Video and Business Development until 2012 when the company was acquired by Time Warner's Turner Sports for $170 million. He continued with the company for eight months after the acquisition and, afterward, advised and invested in other media companies such as Elite Daily and Bustle. In 2015, he launched his second digital media venture, Inverse, which is geared toward millennial men. Nemetz started the company from seed funding with its headquarters in San Francisco, California and the editorial staff initially based in Brooklyn, New York. The headquarters has since been moved to SoHo, Manhattan, New York City. He sold the publication to Bustle Digital ...
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Series A Funding
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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