Sramana: How long did eMusic last and how far did it go? Gene Hoffman: The company went public, and I was the youngest NASDAQ CEO ever. We bought a whole bunch of our competition and bought out RollingStone.com. We ended up selling the business to Universal Music in 2001. I spent a year at Universal
Sramana: What was going on with Napster when you started eMusic? Gene Hoffman: Napster did not exist yet. It was written in early 1999. Originally we called the company GoodNoise because finding a domain name at that time was not trivial. At first we thought we were going to have to go sign artists which
Sramana: You were already doing your first major startup while you were still in school? Gene Hoffman: I was in school, and I also worked for the North Carolina basketball team. During my junior summer, Coach Smith had a basketball camp where he brought in a lot of kids from all over the country for three
Gene Hoffman is the chairman and CEO of Vindicia, a provider of SaaS billing solutions. Prior to Vindicia, Gene co-founded eMusic in January 1998 and served as president, chief executive officer, and a director. As head of eMusic, Gene was featured on the cover of Forbes Magazine as a member of the July 1999 E-Gang
Sramana: What is your vision going forward? What comes next? Alex Bouzari: At this point, the opportunity and challenge are that we are in a market that is broader and moving faster than any other market in storage. We have the right technology, and it is differentiated. We have the right partners and we have
By guest author Gerry Langeler from his e-book Take the Money and Run! An Insider’s Guide to Venture Capital So, now you’ve made it to a VC firm partners meeting. Do you ever wonder what REALLY happens around the venture capital partners table once you, the entrepreneur, leave the room? Well, it’s time someone told you.
Sramana: How much of the unstructured data market have you been able to get into? Are you in with the big social media companies? Alex Bouzari: We are in a few of them. We are in some very big ones, but they don’t want us to talk about it. However, some of our customers will
Sramana: When you went through your fight with the VCs and they resigned they still owned a very large portion of your company. How did you resolve that situation? Alex Bouzari: We bought them out. They walked away from the company in 2002. They told us we had lower than a 1 in 1,000 chance