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Gawker
  • Acquisitions

    PodTech sells for $500,000, which will hopefully cover its debts

    By Jackson West, 4:00 PM on Thu Jul 17 2008, 627 views (Edit, to draft, Top, Slurp)

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    PodTech, the online video startup left to reliving better days when charming shill Robert Scoble was a frontman for the company, has found a buyer, ViewPartner, and for the paltry sum of $500,000. Hopefully the company's creditors will be getting more than a few pennies back on their dollars — the company has been at the mercy of their bankers, and one commenter says that they were racking up tabs with vendors. VCs like US Ventures and Venrock probably won't be getting any of the more than $5.5 million invested in the company, however. Founder and chairman John Furrier must be relieved, as he was all smiles at recent reunion of DEMO conference attendees.(Photo by Brian Solis, bub.blicio.us)

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    Robert Scoble's former employer PodTech about to get sold

    PodTech, once described by Valleywag emeritus Nick Douglas as "the video podcast network apparently dedicated to screwing over as many people as possible without actually profiting from it," will be sending out a cheery press release touting its acquisition as soon as today, I've been told. More »
    Online Video robert_scoble_reruns.jpg

    Robert Scoble reruns now airing on PodTech

    What, you didn't catch all 55 minutes of Robert Scoble discussing Adobe's launch of CS3 last year? Now struggling startup PodTech is posting "Classic Scoble" clips so you can not watch them all over again.

    Read More: Acquisitions, Podtech, Robert Scoble, John Furrier, Valleywag
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