Comments on: PodTech Sells For Less Than $500k

By: Popular Bloggers Robert Scoble — TechWag

Popular Bloggers Robert Scoble — TechWag — Fri, 29 Aug 2008 15:02:34 +0000

[...] for PodTech could have been very lucrative if the company had taken off, and lived up to its promise . Before the PodTech folded though, he moved on to Fast Company, who introduced changes into his [...]

By: Phils Podcast » Pod-News für den 25.Juli ‘08

Phils Podcast » Pod-News für den 25.Juli ‘08 — Thu, 24 Jul 2008 22:03:33 +0000

[...] Quelle: techcrunch.com [...]

By: Frank Hui

Frank Hui — Wed, 23 Jul 2008 21:42:07 +0000

Jim Jones, how would you know this?

By: Jim Jones

Jim Jones — Mon, 21 Jul 2008 16:17:13 +0000

The board of directors really really screwed this up. From USVP it’s Paul Mattecuci and from Venrock Eric Copeland then Rich Moran.

To George Athannassov comment above it was one year ago that Mattecuci and Copeland shot the Furrier in the back of the head and fired him abruptly. Then handed 2.5 million in captial to James McCormick and Robert Scoble.

This company was doomed from the start with those VCs.

Outside of the VCs and founders who really got hurt by this company.

By: Dare Obasanjo aka Carnage4Life - PodTech: What Happens When You Misunderstand the Long Tail

Mon, 21 Jul 2008 11:39:57 +0000

[...] last week I learned that podcasting startup PodTech was acquired for less than $500,000. This is a rather ignominious exit for a startup that initially entered the public consciousness [...]

By: Satyawadi Mishra

Satyawadi Mishra — Fri, 18 Jul 2008 19:09:28 +0000

Now there is good deal. Buy just about any Mac and get a free itouch or ipod nano. I believe they are doing this since they have the new 3g iphones coming in, but still a good deal anyways.To know more about this please visit http://simplist...and-technology/.

By: George Athannassov

George Athannassov — Fri, 18 Jul 2008 18:39:32 +0000

I am not surprised by this news after the board removed John last August, not surprised at all.

By: RetardedChild

RetardedChild — Fri, 18 Jul 2008 04:45:59 +0000

Someone paid 500K for 100K worth of production equipment, some antiquated voice over guys and poorly produced tech infomercials. Whoever close this deal deserves a medal. I just wonder if they’re going to pay their debts now.

By: Steve Follmer

Steve Follmer — Fri, 18 Jul 2008 03:11:45 +0000

People don’t have enough place in their lives for this product. When you are at work, you want fast answers, you don’t have time to dedicate your ears to a voicemail, let alone your eyes and ears to a video. I guess you could just listen to the audio, when you are driving maybe, or for those who have train commutes. (Seesmic take note). When you are home you might watch video, but for enjoyment. That’s my take. Either that or a lack of execution, on PR/marketing/press, or lack of viral (social network). At least they had the cojones to cut bait.

By: Podtech failure: Scoble’s lessons » mathewingram.com/work |

Podtech failure: Scoble’s lessons » mathewingram.com/work | — Fri, 18 Jul 2008 01:17:57 +0000

[...] Furrier was effectively forced to resign. So what happened? How did $7.5-million worth of VC money get vaporized so [...]

By: Ronald Lewis

Ronald Lewis — Fri, 18 Jul 2008 00:34:20 +0000

No, Jolon. I’ve interviewed executives from Southwest Airlines, Digium, Cisco, Nortel and many other companies. The podcast was simply an extension of something I’ve been doing for 15 years now: Picking the brains of very successful and interesting individuals.

Here’s a sample list of folks I’ve corresponded with or interviewed over the years:

1. Bill Gates
2. Donald Schneider (Chairman and Former President, Schneider National Carriers — $3.1 Billion net worth)
3. J.B. Hunt (Founder and Former Chairman, J.B. Hunt Transport Services, Inc.)
4. Mark Spencer (Founder and CTO, Digium — Develop’s the world’s most popular open source PBX, Asterisk)
5. David Mandelstam (Founder and President, Sangoma)
6. Alec Saunders (Former Microsoft executive — Responsible for launch of Internet Explorer, Windows 95, etc.)
7. Craig Newmark (Founder, Craigslist)
8. Michael McDonald (Grammy winning recording artist and former lead of the Doobie Brothers)
9. Kem (Multi-platinum Universal Records recording artist)
10. Kent Wien (American Airlines pilot and Grandson of aviation pioneer Noel Wien)
11. Linda Rutherford (Southwest Airlines)
12. CMU’s Dr. David Farber (”The Grandfather of the Internet”)
13. David Friend (CEO, Carbonite)
14. Stephen Meer (CTO and Co-Founder, Intrado)
15. Kevin Rose (Founder, Digg.com)
16. Rakesh Mathur, Brad Husick and Beerud Sheth (Co-Founders of Webaroo)
17. Alex Tew (Founder of the Million Dollar homepage)

By: Jeffrey

Jeffrey — Fri, 18 Jul 2008 00:27:50 +0000

how much will fastcompany.tv be sold for?

By: J

Fri, 18 Jul 2008 00:26:43 +0000

How much will Fastcompany.tv be sold for?

By: Bill Clinton

Bill Clinton — Thu, 17 Jul 2008 23:13:33 +0000

Unfortunate indeed…. thats a horrible return on investment… or lack there of… they should learn some business fundamentals to grow their business… http://www.read...ex.php?RTA=web2

By: Jolon

Jolon — Thu, 17 Jul 2008 23:11:43 +0000

What’s your idea of top talent Ronald. Scoble, himself maybe?

By: Jeremy Wright

Jeremy Wright — Thu, 17 Jul 2008 22:49:54 +0000

Wow… so no revenue (or revenue but massive debt). Sad story, given the fantastic people involved.

By: andrew coffey

andrew coffey — Thu, 17 Jul 2008 21:44:54 +0000

Whats Pod Tech? Who is Scoble? Wasn’t John Ferrier a interviewer of VC people? Oh yea podcasters.

By: Avatar

Avatar — Thu, 17 Jul 2008 21:30:37 +0000

Daaamn. not even a million. the buy was a steal

By: LiviuX

LiviuX — Thu, 17 Jul 2008 21:09:27 +0000

It’s not such expensive. maybe for it’s content.

By: antje wilsch

antje wilsch — Thu, 17 Jul 2008 20:56:39 +0000

who were the investors?

By: Aaron Stannard

Aaron Stannard — Thu, 17 Jul 2008 20:44:51 +0000

LOL

By: Casey McKinnon

Casey McKinnon — Thu, 17 Jul 2008 20:44:22 +0000

That’s too much money for the likes of that company… *Sigh*

By: Ronald Lewis

Ronald Lewis — Thu, 17 Jul 2008 20:39:35 +0000

Back in ‘06, I had several e-mail conversations with Scoble about joining the PodTech network. Scoble was certainly impressed by my ability to land top talent and I was certain I was finally on my way to making a decent living from my podcasting efforts.

Unfortunately, there was far too much red tape, lack of communication and many other things. Scoble was always planning to ‘get in touch’ and while I believe he had the best intent, I knew early on that there were problems at the company.

Fortunately, there’s still hope for the PodTech brand. It will require a makeover, including introducing fresh and new talent to revive it. At this point, I think I’ll re-open talks with PodTech and see what agreement can be reached to be part of its revival.

By: riffic

riffic — Thu, 17 Jul 2008 20:34:38 +0000

ouch!

By: silicon valley dropout

silicon valley dropout — Thu, 17 Jul 2008 20:32:04 +0000

negative for vc haaaaaaaaaaaaaaaa