Comments on: MeeVee Cuts 20% Of Staff http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/ Startup and Technology News Thu, 24 Jul 2008 08:09:33 +0000 http://wordpress.org/?v=2.5.1 By: MeeVee Finds A Home, Acquired By Live Universe | DougsTech.com - Tech News, Reviews, and Guides http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2284151 MeeVee Finds A Home, Acquired By Live Universe | DougsTech.com - Tech News, Reviews, and Guides Fri, 09 May 2008 00:34:45 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2284151 [...] Meevee has raised in venture capital over the years. The company, which was founded in 2000, let 20% of its staff go in mid-2007, and made more layoffs earlier this [...] [...] Meevee has raised in venture capital over the years. The company, which was founded in 2000, let 20% of its staff go in mid-2007, and made more layoffs earlier this [...]

]]> By: MeeVee Finds A Home, Acquired By Live Universe http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2282329 MeeVee Finds A Home, Acquired By Live Universe Thu, 08 May 2008 02:25:44 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2282329 [...] Meevee has raised in venture capital over the years. The company, which was founded in 2000, let 20% of its staff go in mid-2007, and made more layoffs earlier this [...] [...] Meevee has raised in venture capital over the years. The company, which was founded in 2000, let 20% of its staff go in mid-2007, and made more layoffs earlier this [...]

]]> By: $25 Million Later, MeeVee In Trouble http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2142674 $25 Million Later, MeeVee In Trouble Tue, 08 Apr 2008 03:56:55 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-2142674 [...] Ventures, The Bay Area Equity Fund and WaldenVC. The first sign of trouble at MeeVee surfaced in July 2007 when the company cut 20% of its [...] [...] Ventures, The Bay Area Equity Fund and WaldenVC. The first sign of trouble at MeeVee surfaced in July 2007 when the company cut 20% of its [...]

]]> By: bdb http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1507526 bdb Thu, 19 Jul 2007 20:25:42 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1507526 This is pretty straight-forward; their run-rate was too high for their current traction_level/ user_uptake. Now resources will be devoted to developing the product more fully. I'm not a tv owner, but I would imagine someway to interact with a set-top box, pvr. wii, or appletv. They compete with tivo and other bigger_hitters. Tough space. This is pretty straight-forward; their run-rate was too high for their current traction_level/ user_uptake. Now resources will be devoted to developing the product more fully.

I’m not a tv owner, but I would imagine someway to interact with a set-top box, pvr. wii, or appletv.

They compete with tivo and other bigger_hitters. Tough space.

]]> By: beyondwww http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1504509 beyondwww Wed, 18 Jul 2007 12:36:17 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1504509 So all that money for who?????? So is it the incompetent crowd shown the door steps ???? So all that money for who??????

So is it the incompetent crowd shown the door steps ????

]]> By: Mr. Roboto http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503609 Mr. Roboto Tue, 17 Jul 2007 22:45:00 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503609 27 Employees? 20% layoff... last i count they were maybe 13 and the numbers keep on dropping... 27 Employees? 20% layoff…
last i count they were maybe 13 and the numbers keep on dropping…

]]> By: Concrete Stain http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503528 Concrete Stain Tue, 17 Jul 2007 21:19:00 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503528 yeah i disagree with the marketing layoffs; - but to see a company trimming down is good. yeah i disagree with the marketing layoffs;

- but to see a company trimming down is good.

]]> By: Whatevs http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503447 Whatevs Tue, 17 Jul 2007 20:14:37 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503447 This is old news! The layoffs happened over a month ago, sheesh! This is old news! The layoffs happened over a month ago, sheesh!

]]> By: Pong http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503148 Pong Tue, 17 Jul 2007 16:36:25 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503148 As dire as a 20% staff cut sounds, it doesn't *necessarily* mean that Meevee is in its death throes. Maybe a caveat for locking down additional funding is that Meevee prove it's uber-focused on creating a viable product (last I checked they weren't terribly buzz-worthy) and not prone to capsizing due to its bulk. In that vein, a sales team may have been premature. Maybe they found a more cost-effective (outsourced) solution for finance and marketing (which I'm assuming is not much more than SEO/SEM). As Math Geek implied in the first post, 20% appeared to = 7 people; not an bone-chilling figure. Including 3 execs? Sounds like they may have been rather top-heavy. As dire as a 20% staff cut sounds, it doesn’t *necessarily* mean that Meevee is in its death throes. Maybe a caveat for locking down additional funding is that Meevee prove it’s uber-focused on creating a viable product (last I checked they weren’t terribly buzz-worthy) and not prone to capsizing due to its bulk.

In that vein, a sales team may have been premature. Maybe they found a more cost-effective (outsourced) solution for finance and marketing (which I’m assuming is not much more than SEO/SEM).

As Math Geek implied in the first post, 20% appeared to = 7 people; not an bone-chilling figure. Including 3 execs? Sounds like they may have been rather top-heavy.

]]> By: Meltonian http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503133 Meltonian Tue, 17 Jul 2007 16:20:48 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503133 Michael Ranieri is not the founder of Meevee, just the current inept head of state. Maybe they can get a refund on that ridiculous sign and save someone's job. I mean honestly, where has all that money gone? Michael Ranieri is not the founder of Meevee, just the current inept head of state. Maybe they can get a refund on that ridiculous sign and save someone’s job. I mean honestly, where has all that money gone?

]]> By: Joan Smith http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503084 Joan Smith Tue, 17 Jul 2007 15:43:50 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503084 "Another round of venture capital after already taking 14.5 mill?" Definitely a case of throwing good money after bad. “Another round of venture capital after already taking 14.5 mill?”

Definitely a case of throwing good money after bad.

]]> By: Smith288 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503000 Smith288 Tue, 17 Jul 2007 14:50:27 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1503000 Another round of venture capital after already taking 14.5 mill? Good God maybe they should fire their enron accountant and just use H&R Block to handle the finances. Another round of venture capital after already taking 14.5 mill? Good God maybe they should fire their enron accountant and just use H&R Block to handle the finances.

]]> By: sam madino http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502579 sam madino Tue, 17 Jul 2007 09:19:53 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502579 looks like the bubble burst 2.0 is coming sooner than we thought. looks like the bubble burst 2.0 is coming sooner than we thought.

]]> By: Cyril http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502551 Cyril Tue, 17 Jul 2007 08:55:42 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502551 14 MUSD founding and still laying off? 14 MUSD founding and still laying off?

]]> By: Pushkin http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502504 Pushkin Tue, 17 Jul 2007 08:21:52 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502504 This was such they can focus on the product which should be the priority for a start-up, not finance or marketing. I hear they are off to launching a new site next month, new features, etc. I think it was a smart move. This was such they can focus on the product which should be the priority for a start-up, not finance or marketing. I hear they are off to launching a new site next month, new features, etc. I think it was a smart move.

]]> By: Michael Fultz http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502429 Michael Fultz Tue, 17 Jul 2007 07:30:55 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502429 The cuts were in finance, sales, and marketing? Some old sayings just flashed into my brain: "There's no romance without finance" and "It's the sizzle that sells the steak" A small company should not be laying off people in sales or marketing. A small company should market itself aggressively. That's what I think- (I think) The cuts were in finance, sales, and marketing?
Some old sayings just flashed into my brain:
“There’s no romance without finance”
and
“It’s the sizzle that sells the steak”
A small company should not be laying off people in sales or marketing. A small company should market itself aggressively. That’s what I think-
(I think)

]]> By: Math Geek http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502417 Math Geek Tue, 17 Jul 2007 07:23:15 +0000 http://www.techcrunch.com/2007/07/16/meevee-cuts-20-of-staff/#comment-1502417 So lets throw some math at this. 20% layoff, 27 left. x* 0.2/100 = 27 x= 34 34 people company down to 27. Holly Sh*t! What is I gonna do? So lets throw some math at this.

20% layoff, 27 left. x* 0.2/100 = 27
x= 34

34 people company down to 27. Holly Sh*t! What is I gonna do?

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