Interview with Richard Rosenblatt
Our interview today is with Richard Cheap Louboutin Sale Uk
Rosenblatt, cofounder, Chairman and CEO of Demand Media, Inc. Rosenblatt may be the former CEO of Intermix Media and Chairman of Myspace. Richard turned Intermix Media around and negotiated the sale of Intermix and MySpace to News Corp for $650M. Ben Kuo spoke to Richard about the company's plans and future.
Let's talk a little bit about Adidas Js Wings Denim Uk
Demand Media what's the idea behind the company?
Richard Rosenblatt: We formed the company around the idea that social networking and community will reach beyond large portals, be vertical and expand for an older demographic. We believe that you can marry the vertical nature of organic domain traffic with leading edge Web 2.0 technologies to form a different type of community experience. The best way to do that was to raise significant capital and acquire a number of companies that fit in certain passionate niches and make an accompanying set of proprietary technologies. The very best vehicle to do that was to start a new company.
You've been Supra Shoes Cheap Online
making some interesting acquisitions, which for an outsider might seem like they're all over the place. Can you Longchamp Luggage Australia
talk about the way a company like eNom might have something to do with the niche content sites you've been acquiring?
Richard Rosenblatt: We really did three different groups of acquisitions. The first group of acquisitions was in the domain infrastructure space. We discovered that a registrar Timberland Mens Uk
platform, if properly implemented, could supply the base infrastructure for a new media company. Which was why we bought eNom and Bulk Register. Finally, we centered on building and acquiring powerful publishing and community tools. Combine all this together and you have a flexible, expandable infrastructure, with multiple content verticals along with a set of community tools that expand those verticals. While Uggs Sale Canada Online
it might have looked like we bought companies all over the place, we were very strategic.
So those tools will be rolled out across all of those websites you acquired, would be that the idea?
Richard Rosenblatt: Yes, we believe that there are a number of different applications which will fit across all of our properties, and a couple of applications which will fit certain niche verticals.
You've raised a boatload of moneyisn't it hard to deploy all of that?
Richard Rosenblatt: We are spending it very carefully, and very strategically. There are a number of exciting, profitable businesses that we can make much more profitable by putting on our platform.
When are people likely to see the platform show upare you deploying that now?
Richard Rosenblatt: We have a big launch of eHow scheduled for early to mid March. We have a large release which will really show people what we're talking about on our platform. In early April, i will be showing our dot TV platform, which will give people the ability to build their very own video centric web sites and social networking sites, if that's what they choose, and that's coming in April. You will see quite a few properties rolled out on the platform in the coming months
Given the MySpace experience, I imagine the fund raising this time was super easy?
Richard Rosenblatt: It's much easier to raise capital each time you are fortunate enough to possess a successful prior deal. The most difficult capital raise was for iMALL, my first company, in 1995. It continued to obtain much easier as you begin to understand the market, and understand what investors are searching for. That said, we have a really smart number of investors and they asked lots of hard questions. In the end, they believed in the model.
What's Cheap Louis Vuitton Australia
in your plans it looks Louis Vuitton Neverfull Mm Uk Price
like you've been doing plenty of acquisition, are you going to be buying more companies?
Richard Rosenblatt: We're. Our business is going to be about fifty percent strategic growthwe're going to be looking for the best companies at the right multiple within the right verticals that can benefit from our platform. Contributing to fifty percent of our growth is simply working focusing Celine Luggage Nano
on our business and developing our properties to reach more people and be more profitable. It's a really neat combination of strategic and organic growth.