Remo Uherek

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Home › Blog › Red Herring 100: Babelgum — Competing with Joost

Red Herring 100: Babelgum — Competing with Joost

redherring7_babelgum

Very interesting company with a very cool name. I like the bubblegum thing :-).

My notes:

– Silvio Scaglia invested $13 Mio of his own money

– The burn rate is 30–40 Mio EUR per year

– Silvio Scaglia wants to generate 100 Mio EUR in revenues within maybe 3 years

– Silvio Scaglia says he is NOT competing with Joost right now: “You first have to build the pie before you can cut it. Right now we are building the pie. We build a whole new industry. So we’re rather working together with Joost than competing right now.”

– Babelgum guarantees a CPM of 5 EUR for content owners. 

– Babelgum has 40 employees now

– Babelgum will focus on professional content (no user generated content)

The service is in closed beta now. 

Links:

Babelgum blog

Babelgum-Posting of Peter Schüpbach

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Tags: Babelgum, Events, Joost, Red Herring, Silvio Scaglia
Category: Wealth



March 26, 2007May 19, 2020 by Remo Uherek

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