Comments on: Akimbo Jumps Into Deadpool, Takes $56 Million With It http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/ Startup and Technology News Tue, 10 Nov 2009 17:53:21 -0800 hourly 1 By: Nadia http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2737899 Nadia Fri, 08 May 2009 20:50:15 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2737899 This company couldn't find their head from their *** for years. When the VC firm came in and tried to "fix" a company from the dot com days and change it they messed up. TOOO proud to say they couldn't do whatever their confused management did they probably wanted to just save face from all of the previous rounds they convinced other people to pitch in for. Sad day. But not surprising. This company couldn’t find their head from their *** for years. When the VC firm came in and tried to “fix” a company from the dot com days and change it they messed up. TOOO proud to say they couldn’t do whatever their confused management did they probably wanted to just save face from all of the previous rounds they convinced other people to pitch in for.

Sad day. But not surprising.

]]> By: Post Express » Blog Archive » Five Warning Signs a Tech Startup Is in Trouble http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2481330 Post Express » Blog Archive » Five Warning Signs a Tech Startup Is in Trouble Thu, 25 Sep 2008 16:06:42 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2481330 [...] service provider. This final transformation was a far cry from the original business model. The company went under about three months [...] [...] service provider. This final transformation was a far cry from the original business model. The company went under about three months [...]

]]> By: Japanese Teamwork Brings Web to TV « NewTeeVee http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2418229 Japanese Teamwork Brings Web to TV « NewTeeVee Thu, 24 Jul 2008 07:01:06 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2418229 [...] see if this last 100 feet to the TV can be bridged. While many such efforts are likely to go to the technology graveyard, we think some of these will eventually break [...] [...] see if this last 100 feet to the TV can be bridged. While many such efforts are likely to go to the technology graveyard, we think some of these will eventually break [...]

]]> By: Dean Collins http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2336507 Dean Collins Thu, 29 May 2008 19:25:04 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2336507 This closure has nothing to do with saturated VOD market. This closure has nothing to do with the sky falling. The MS Media center deal was the dumbest 'distractor' I've ever personally witnessed. http://deancollinsblog.blogspot.com/2008/05/ding-dong-akimbos-dead.html I'm sure one day someones going to write a book about how something so far ahead of it's time (but not too far - so thats not the reason), went so very very wrong. Cheers, Dean Collins www.Cognation.net This closure has nothing to do with saturated VOD market.

This closure has nothing to do with the sky falling.

The MS Media center deal was the dumbest ‘distractor’ I’ve ever personally witnessed.

http://deancoll...imbos-dead.html

I’m sure one day someones going to write a book about how something so far ahead of it’s time (but not too far – so thats not the reason), went so very very wrong.

Cheers,
Dean Collins
http://www.Cognation.net

]]> By: trademanufacturer.com http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2330330 trademanufacturer.com Tue, 27 May 2008 09:06:07 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2330330 nicholas,I agree you nicholas,I agree you

]]> By: News » Akimbo Execs Hit Eject, Shutter Company For Good [AKimbo] http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2326558 News » Akimbo Execs Hit Eject, Shutter Company For Good [AKimbo] Mon, 26 May 2008 01:02:38 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2326558 [...] In February 2008, Akimbo shifted, again, to a video service model, but failed to raise a targeted $8 million in funding. High-level executive squabbles earlier in the year also threatened to derail the fledgling company, and this week they apparently came to a boil. More than a dozen employees were terminated on May 22, with a three-person skeleton team staying on to oversee the company’s final days. All told, Akimbo received approximately $56 million over the course of its existence for basically nothing. If only Gizmondo would take the hint. [TechCrunch] [...] [...] In February 2008, Akimbo shifted, again, to a video service model, but failed to raise a targeted $8 million in funding. High-level executive squabbles earlier in the year also threatened to derail the fledgling company, and this week they apparently came to a boil. More than a dozen employees were terminated on May 22, with a three-person skeleton team staying on to oversee the company’s final days. All told, Akimbo received approximately $56 million over the course of its existence for basically nothing. If only Gizmondo would take the hint. [TechCrunch] [...]

]]> By: cereal diviner http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2324325 cereal diviner Sat, 24 May 2008 22:58:42 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2324325 anon who knows what way the market is going to go? anyway, solid technologists/team would be a good gamble. Who could have predicted youtube (and all flash video plays, as an entire category) would capture all the eyeballs? And its still growing as MSM (mainstream media) has piled on. Remember when all the networks forced you to watch their cheesy little Real or other propietary player requiring active-x plug-in or whatnot? I do. They kept forcing you to do this until well after youtube got rolling... anon

who knows what way the market is going to go? anyway, solid technologists/team would be a good gamble. Who could have predicted youtube (and all flash video plays, as an entire category) would capture all the eyeballs? And its still growing as MSM (mainstream media) has piled on. Remember when all the networks forced you to watch their cheesy little Real or other propietary player requiring active-x plug-in or whatnot? I do. They kept forcing you to do this until well after youtube got rolling…

]]> By: anonymous http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2324192 anonymous Sat, 24 May 2008 21:43:23 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2324192 #21, losing on well thought decision is one and not doing enough due diligence is another. #21, losing on well thought decision is one and not doing enough due diligence is another.

]]> By: Heatseek.com http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2324121 Heatseek.com Sat, 24 May 2008 20:42:56 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2324121 Akimbo also recently launched and shut down an adult VOD site called CarnalTV.com. Their ads appear on home.heatseek.com. Akimbo also recently launched and shut down an adult VOD site called CarnalTV.com. Their ads appear on home.heatseek.com.

]]> By: CrunchGear » Archive » Akimbo calls it quits http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2324067 CrunchGear » Archive » Akimbo calls it quits Sat, 24 May 2008 19:30:58 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2324067 [...] also found this comment by TechCrunch reader Shane Robinson to be a bit telling; Our daily internet video show, Beach Walks [...] [...] also found this comment by TechCrunch reader Shane Robinson to be a bit telling; Our daily internet video show, Beach Walks [...]

]]> By: anonymous http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2324040 anonymous Sat, 24 May 2008 18:55:08 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2324040 I hope the VC's could justify their funding to the pension funds and their dul diligence. I recall KPCB, Draper all invested heavily. I hope the VC’s could justify their funding to the pension funds and their dul diligence. I recall KPCB, Draper all invested heavily.

]]> By: jdragon http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323983 jdragon Sat, 24 May 2008 17:42:43 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323983 It's fascinating how this company was able to raise so much money. Give me $1 million and I can create a real money making company from it! It’s fascinating how this company was able to raise so much money. Give me $1 million and I can create a real money making company from it!

]]> By: preetam mukherjee http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323714 preetam mukherjee Sat, 24 May 2008 13:14:17 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323714 Sorry to be spamming. At any rate, we've been looking at Akimbo for a while too...similar thoughts at <a href="http://weareindia.blogspot.com/2008/05/i-rest-my-case.html" rel="nofollow">I rest my case</a> Sorry to be spamming. At any rate, we’ve been looking at Akimbo for a while too…similar thoughts at I rest my case

]]> By: preetam mukherjee http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323710 preetam mukherjee Sat, 24 May 2008 13:12:24 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323710 woa....how do i link to this conversation in the forums? woa….how do i link to this conversation in the forums?

]]> By: Nicholas http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323591 Nicholas Sat, 24 May 2008 11:38:29 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323591 What amasses me more then being able to bankrupt a company with over $56 million of funding is how you can wind down a company that received funding less then 3 months ago. Surely the new investors (Draper Fisher Jurvetson, Kleiner Perkins Caufield and Byers, and Zone Ventures) cannot me happy about investing $4 million into a company that 3 months later declares bankruptcy. Surely legal action will follow since those investors must either have been mislead and/ or been give false promises. What amasses me more then being able to bankrupt a company with over $56 million of funding is how you can wind down a company that received funding less then 3 months ago. Surely the new investors (Draper Fisher Jurvetson, Kleiner Perkins Caufield and Byers, and Zone Ventures) cannot me happy about investing $4 million into a company that 3 months later declares bankruptcy. Surely legal action will follow since those investors must either have been mislead and/ or been give false promises.

]]> By: Paul http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323204 Paul Sat, 24 May 2008 04:23:08 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323204 @13 Nice @3 May ZigglyTV over-rotate and execute a painful flop into the same pool Akimbo just entered. Just saw a presentation on tudou.com - China's YouTube. Yeah, China's outside of the TechCrunch sweet spot, but Todou's traffic, trends, business model and product set would shift perspectives on a lot of what's covered here. @13 Nice

@3 May ZigglyTV over-rotate and execute a painful flop into the same pool Akimbo just entered.

Just saw a presentation on tudou.com – China’s YouTube. Yeah, China’s outside of the TechCrunch sweet spot, but Todou’s traffic, trends, business model and product set would shift perspectives on a lot of what’s covered here.

]]> By: Nick Braak http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323139 Nick Braak Sat, 24 May 2008 03:08:34 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323139 Frm a deal sheet found a Maiden Lane dumpster: Assets of Akimbo to be acquired and merged with Prostrate LLC, to form new horizontal play. Frm a deal sheet found a Maiden Lane dumpster:

Assets of Akimbo to be acquired and merged with Prostrate LLC, to form new horizontal play.

]]> By: Marcelo http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323087 Marcelo Sat, 24 May 2008 02:09:44 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323087 Thats express the expansions of this industry... Marcelo Thats express the expansions of this industry…

Marcelo

]]> By: Peter Urban http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323073 Peter Urban Sat, 24 May 2008 01:52:07 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323073 wow, the deadpool is getting kinda crowded. Time for expansion. Peter do you follow me @ http://twitter.com/peterurban wow, the deadpool is getting kinda crowded. Time for expansion.

Peter
do you follow me @ http://twitter.com/peterurban

]]> By: TechCrunch Japanese アーカイブ » Akimbo、$56Mもろともデッドプールに入水 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323058 TechCrunch Japanese アーカイブ » Akimbo、$56Mもろともデッドプールに入水 Sat, 24 May 2008 01:43:27 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323058 [...] [原文へ] [...] [...] [原文へ] [...]

]]> By: Stu Pid http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323048 Stu Pid Sat, 24 May 2008 01:33:06 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323048 Hey their web site says they are still hiring. The "Business Development Director" position sounds very promising! Hey their web site says they are still hiring.
The “Business Development Director” position sounds very promising!

]]> By: Tom http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323044 Tom Sat, 24 May 2008 01:29:14 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323044 Why do the Crunchbase funding numbers never seem to match the article's numbers? Why do the Crunchbase funding numbers never seem to match the article’s numbers?

]]> By: YouYap.com http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323040 YouYap.com Sat, 24 May 2008 01:25:57 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323040 Where's the rest of the money? Where’s the rest of the money?

]]> By: Phil Dewey http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2323010 Phil Dewey Sat, 24 May 2008 00:59:59 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2323010 There is no money in online video. Unless you sell your company to Google There is no money in online video. Unless you sell your company to Google

]]> By: Jollyjo http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/comment-page-1/#comment-2322984 Jollyjo Sat, 24 May 2008 00:40:09 +0000 http://www.techcrunch.com/2008/05/23/akimbo-jumps-into-deadpool-takes-56-million-with-it/#comment-2322984 $56m?? The website does not feel like $56m and that should have told the story from the very outset. In all seriousness though online video maybe the next big thing but the fate of Akimbo and others tells me the road is not paved with gold... $56m?? The website does not feel like $56m and that should have told the story from the very outset.

In all seriousness though online video maybe the next big thing but the fate of Akimbo and others tells me the road is not paved with gold…

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