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Roku, Inc
Roku, Inc. ( ) is an American publicly traded company based in San Jose, California, that manufactures a variety of digital media players for video streaming. Roku has an advertising business and also licenses its hardware and software to other companies. History Roku was founded in October 2002 as a limited liability company (LLC), by ReplayTV founder Anthony Wood (businessman), Anthony Wood. ''Roku'' (六) means "six" in the Japanese language, to represent the fact that Roku is the sixth company Wood started. In April 2007 Wood was named a vice president of Netflix. After Netflix decided to not build its own player, a new Roku company was incorporated in February 2008, based in Palo Alto, California, with Netflix as an investor of $6 million, to build a player. Later in 2008 company headquarters moved to Saratoga, California, further south in Silicon Valley. A round of venture capital funding from Menlo Ventures was announced in October 2008. Another round of about $8.4 milli ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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ReplayTV
ReplayTV was a former DVR company that from 1999 until 2005, produced a brand of digital video recorders (DVR), a term synonymous with ''personal video recorder'' (PVR). It is a consumer video device which allows users to capture television programming to internal hard disk storage for later viewing (and ''time shifting''). ReplayTV was founded in September 1997 by future Roku founder Anthony Wood, who was president and CEO of ReplayTV until August 2001. The first ReplayTV model was introduced in January 1999 during the Consumer Electronics Show in Las Vegas, at the same time as a competing DVR model from rival company TiVo. After the sale of assets to DirecTV, ReplayTV's only ongoing activity was maintenance of the electronic program guide service by D&M Holdings, which was to be discontinued on July 31, 2011. However, on July 29, 2011, a notice was placed on the ReplayTV website stating that service would be continued without interruption for lifetime subscribers and monthly ...
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Quibi
Quibi ( ) was a short-lived American short-form streaming platform that generated content for viewing on mobile devices. It was founded in Los Angeles in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman, its CEO. The service raised $1.75 billion from investors. It launched in April 2020, but shut down in December 2020 after falling short of its subscriber projections. In January 2021, Quibi's content library was sold to Roku, Inc. for less than $100 million. History Pre-launch Quibi was founded in August 2018 as NewTV by Jeffrey Katzenberg and was led by Meg Whitman, its CEO. In October 2018, NewTV was renamed Quibi. The service targeted a younger demographic, with content delivered in 10-minute episodes called "quick bites" (with the name Quibi derived from "QUI-ck BI-tes"). In 2018, Quibi raised $1 billion in funding from major Hollywood film studios, TV companies, telecommunications companies, technology companies, banks, and other investors including Th ...
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Nielsen Media Research
Nielsen Media Research (NMR) is an American firm that measures media audiences, including television, radio, theatre, films (via the AMC Theatres MAP program), and newspapers. Headquartered in New York City, it is best known for the Nielsen ratings, an audience measurement system of television viewership that for years has been the deciding factor in canceling or renewing television shows by television networks. As of May 2012, it is part of Nielsen Holdings. NMR began as a division of ACNielsen, a 1923-founded marketing research firm. In 1996, NMR was split off into an independent company, and in 1999, was purchased by the Dutch conglomerate VNU. In 2001, VNU also purchased ACNielsen, thereby bringing both companies under the same corporate umbrella. NMR is also a sister company to Nielsen//NetRatings, which measures Internet and digital media audiences. VNU was reorganized and renamed the Nielsen Company in 2007. History The Nielsen TV Ratings have been produced in the U ...
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Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Los Gatos, California
Los Gatos (, ; ) is an incorporated town in Santa Clara County, California, United States. The population is 33,529 according to the 2020 census. It is located in the San Francisco Bay Area just southwest of San Jose in the foothills of the Santa Cruz Mountains. Los Gatos is part of Silicon Valley, with several high technology companies maintaining a presence there. Notably, Netflix, the streaming service and content creator, is headquartered in Los Gatos and has developed a large presence in the area. Etymology ''Los Gatos'' is Spanish for "The Cats". The name derives from the 1839 Alta California land-grant that encompassed the area, which was called '' La Rinconada de Los Gatos'' ("The Corner of the Cats"), where the ''cats'' refers to the cougars (mountain lions) and bobcats that are indigenous to the foothills in which the town is located. The pronunciation is often anglicized to , although one also hears pronunciations truer to the original Spanish, . History Ove ...
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Menlo Ventures
Menlo Ventures is a venture capital firm based in Menlo Park, California with an additional office in San Francisco, California. The firm was founded as one of the earliest venture capital firms in Silicon Valley in 1976 and provides technology venture capital funding for seed, early stage and growth companies. Investments Menlo Ventures invests in consumer Internet, mobile, communications infrastructure, enterprise, security and storage. Since its founding in 1976, the firm has invested in more than 400 companies, including Uber, Gilead Sciences, Fab.com, Roku, Inc., Credit Sesame, Dropcam, HP 3PAR, IronPort, Machine Zone, Siri, PlaySpan, Coraid, Inc., Rover.com, Warby Parker and Vidyo Vidyo, Inc., founded as Layered Media, now part of Enghouse systems provides software-based collaboration technology and product-based visual communication products. The company's VidyoConferencing products are the first in the videoconferencing i .... Its past and current portfolio includes ...
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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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Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies ...
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Saratoga, California
Saratoga is a city in Santa Clara County, California. Located in Silicon Valley, in the southern Bay Area, its population was 31,051 at the 2020 census. Saratoga is an affluent residential community, known for its wineries, restaurants, and attractions like Villa Montalvo, Mountain Winery, and Hakone Gardens. History The area comprising Saratoga was earlier inhabited by the Ohlone Native Americans. In 1847, European settlers created a settlement at what is now Saratoga when William Campbell (father of Benjamin Campbell, the founder of nearby Campbell, California), constructed a sawmill about southeast of the present downtown area. An early map noted the area as Campbell's Gap. In 1851, Martin McCarthy, who had leased the mill, built a toll road down to the Santa Clara Valley, and founded what is now Saratoga as ''McCarthysville''. The toll gate was located at the present-day intersection of Big Basin Way and 3rd St., giving the town its first widely used name: ''Toll Gate''. I ...
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Palo Alto, California
Palo Alto (; Spanish language, Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto. The city was established in 1894 by the American industrialist Leland Stanford when he founded Stanford University in memory of his son, Leland Stanford Jr. Palo Alto includes portions of Stanford University and borders East Palo Alto, California, East Palo Alto, Mountain View, California, Mountain View, Los Altos, California, Los Altos, Los Altos Hills, California, Los Altos Hills, Stanford, California, Stanford, Portola Valley, California, Portola Valley, and Menlo Park, California, Menlo Park. At the 2010 United States Census, 2020 census, the population was 68,572. Palo Alto is one of the most expensive cities in the United States in which to live, and its residents are among the most educated in the country. Howeve ...
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