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Joost Starts to Fade Away
Technologizer —
... What happened? A whole bunch of things. Over at GigaOM, Om Malik has a good analysis of why Joost will be remembered mostly for having failed to live up to expectations. (The first one that came to my mind–it’s on Om’s list–is summed up in the word Hulu. In many ways, that site turned out to be pretty much what Joost was supposed to be but never quite became.) ...
Joost’s Last Hope Isn’t A Promising One
TechCrunch —
It’s sad to see a company that we were all so excited about fade further into oblivion. Today Joost, one of the most anticipated startups in 2006/2007, is just an also ran in a sea of big online video sites like YouTube and Hulu. Today CEO Mike Volpi stepped down, the company is laying off most of staff, and refocusing the business to “white label online video platforms for media companies.”
Om has a good monday morning quarterback overview of why they failed, but to me it comes down to just a few things. They ...
The Joost Story: Sometimes, Good Projects Also Fail
Mashable! —
... Om Malik lays down a good analysis, and yes; in hindsight, it’s easy to see why Joost had failed. One key reason was the fact that the service was initially not browser-based and it required a download, which stifled viral growth. Another was the fact that, ultimately, Joost did not deliver enough interesting content as content providers moved on to other projects such as Hulu. ...
Lessons from Joost
BeyondVC —
... I am not going to rehash Om Malik's excellent summary of "What went wrong with Joost" but I did want to dive deeper into a few points. As I have always said, ...
Joost: Lack of Content vs. Lack of Understanding of Content
WatchMojo.com Business & Technology —
Om Malik has a good piece on Joost and what went wrong. We commented on it as well, we were one of the initial content providers when the service was, well, like hulu, full of buzz and something you wanted to be a part of.
We were being diplomatic in our post, though we outline some of the issues we saw from day 1, but Malik and his team are direct and candid: “Becoming a white-label video provider was what a business did when all other strategies failed.”
Malik hits the nail on its head with the last line: “In the end, ...
Up Front: Joost squeezes out employees, Pirate Bay to squeeze out...royalties?
Betanews —
... Om Malik points out, though, that this wasn't just any video wannabe; Joost had hotshot founders, heaps of VC, deals with content providers like Viacom and CBS... and far, far too much hype for what it was able to deliver quickly. The company's new direction puts it in competition with the likes of Brightcove and Edgecast. ...
What's Now: Joost squeezes out employees, Pirate Bay to squeeze out...royalties?
Betanews —
... Om Malik points out, though, that this wasn't just any video wannabe; Joost had hotshot founders, heaps of VC, deals with content providers like Viacom and CBS... and far, far too much hype for what it was able to deliver quickly. The company's new direction puts it in competition with the likes of Brightcove and Edgecast. ...
Why Joost Failed
Silicon Alley Insider —
Joost fired its CEO and laid off 100 people yesterday. What went wrong at the once-promising Web TV startup?
Lots!, writes Om Malik of GigaOM.
You'll want to read the full analysis, but here are Om's top five bulletpoints:
Too Big, Too Fast: Joost hired too many people, too quickly. It never behaved like a startup but instead always felt like a grown-up company with too many bureaucratic layers.
Too Geographically Spread Out: The company was based in multiple geographic locations — New ...
Joost abandons consumer video market, waves "white label" flag
Yahoo! Tech Advisors —
... Joost gears up to become something new—a "white-label" video platform for other companies (including cable and satellite operators, as well as broadcasters and "video aggregators," as Joost puts it). It's a sad twist for what was once one of the most exciting ventures on the Net, launched in 2006 by the creators of Kazaa and promising to bring free, streaming network TV shows to users via peer-to-peer technology—and years before we'd ever even heard of Hulu. OK, so what went wrong? GigaOm ticks off a long list of problems , but the Wall Street Journal sums it up nicely when it ...
Voddler Riding Hype as Spotify for Video
NewTeeVee —
... ” subscriber content streaming, and many other similar efforts, Voddler’s not exactly stepping into a void. And the service strikes me as eerily similar to Joost, the highly anticipated Dutch P2P app that flopped due to technology problems, competitions, and in large part because of its small content library. ...
Skype, Founders Settlement in the Works? [GigaOM]
GigaOM Network —
... May 7, 2009: Ebay CEO thinks $2 billion is low price for Skype.
June 30, 2009: Joost starts to unwind.
July 6, 2009: In July 2009 Mike Volpi joins Index Ventures ...
Will Spotify Turn Out Like Joost? [GigaOM]
GigaOM Network —
... As Om wrote this past summer, Joost had everything going for it less than three years ago: tens of millions of dollars in funding, serial entrepreneurs as founders, a hype machine, proven technology and big media partners eager to take equity. But the hype turned into backlash, media partners ...
