Globespan Capital Partners and Spark Capital Invest in Series B Financing
NEW YORK, July 23 /PRNewswire/ --( )5min (www.5min.com), the leading syndication platform and destination for vertically focused broadband lifestyle, instructional and knowledge videos, today announced that it has secured $7.5 million in Series B financing. Led by new investor, Globespan Capital Partners, the round also includes existing investor, Spark Capital. Globespan Managing Director Jonathan Seelig will join 5min's Board of Directors.
5min syndicates its content through its semantic video engine, VideoSeed, and its proprietary video player to websites such as Answers, wikiHow, Wikia and Articlesbase and hundreds of vertical sites. The 5min platform collectively reaches a potential audience of over 200 million monthly unique visitors, and of this group, 14 million people watch at least one video per month. 5min has also built a multi-vertical content library of over 100,000 professionally produced videos through partnership with media companies such as Hearst Corporation's UGO Entertainment, Elle, Car & Driver, The Doctors, Pet Side, Britannica, Ford Models, Kiplinger, Big Think, WatchMojo, Road & Track, Woman's Day and more.
"While 5min has become the largest 'how-to' video destination site," says Ran Harnevo, CEO and co-founder of 5min, "we've also developed the only video platform that leverages a huge category-specific library to semantically syndicate the most relevant content to passionate audiences across the Web, wherever they exist. We provide every site publisher with professionally produced content, a video technology platform, and a full video monetization solution - all in one free offering."
With the financing, 5min will continue to grow its VideoSeed Semantic Syndication platform, which allows virtually any Web property to inject contextually relevant content, and a source of revenue from day one. The platform essentially creates scalable TV channels for brand-safe content across major categories--including, business, food, health, home, garden, sports, technology, travel and more--and will continue to scale with the new round of capital.
"5min is 2009's answer to the impact of cable on broadcast TV in the 1970s and 1980s, bringing advertisers the opportunity to sell into specific categories with ads that reach an engaged vertical audience across a wide range of Web sites in a single purchase," said Seelig. "A brand can essentially sponsor an entire niche of targeted, enthusiastic consumers."
"5min has beaten all of its milestones since we led the A Round, which include rapid growth in revenue, video views and syndication and content partners," said Spark Capital General Partner Alex Finkelstein. "We are very pleased to have Globespan and Jonathan Seelig join Spark as investors in 5min."
About 5min
5min is the leading syndication platform for lifestyle, knowledge and instructional videos, reaching over 200 million monthly unique visitors. As a destination site, 5min.com is the top "how-to" video site with more than 3.5 million unique visitors each month. 5min's library features short-form videos from some of the world's largest media companies as well as the most innovative independent producers. Video recipes, yoga and fitness routines, tech tutorials, DIY projects for home and garden, health videos on specific conditions, beauty and fashion tips, video game walk-throughs and much more. Go to http://solutions.5min.com for more information.
About Globespan Capital Partners
http://www.gasta.co.uk/Search/5min Partners is a leading global venture capital firm with over $1 Billion under active management. Globespan takes a balanced approach to investing with multi-stage investments in information technology and cleantech companies. Our investment team has a proven track record based on partnering with management teams to build strong, successful companies. We have significant experience and relationships in Asia which allows us to provide our portfolio companies access to global markets. With offices in Boston, Palo Alto and Tokyo, we invest in companies all across the U.S. and in Japan on behalf of a global base of limited partners. More information about Globespan Capital Partners is located online at www.globespancapital.com.
About Spark Capital
Spark Capital is a venture capital firm with investments focusing on the conflux of the media, entertainment and technology industries. The partners of Spark Capital carry diverse expertise in media and technology industries with proven track records identifying and actively building market-leading companies in sectors including infrastructure (Qtera, RiverDelta, Aether Systems, Broadbus and BigBand), networks (College Sports Television, TVONE and XCOM) services (Akamai, thePlatform, Admeld) and digital media (Twitter, Boxee, 5min). With a deep network that spans technology and media, investing and operations, Spark Capital provides world-class entrepreneurs and revolutionary companies with the resources to succeed in today's marketplace. Spark Capital has $622 million under management, and is based in Boston, Mass. To learn more, visit www.sparkcapital.com.
Friday, 24 July 2009
Talking to your teen about dating
Talking to your teen about dating
Dating is an important aspect that you need to deal with while parenting your teen. You need to share a friendly relationship with your teen so that he or she is willing to listen to your advice regarding dating. When you see the indicators that your teen is ready for dating, have a talk with him on the subject, and consider a few important points before you broach the topic.
The following tips may help you talk to your teen effectively about dating:
1. Choose a good time to talk to your teen when you are in a good mood, and so is he, and both have sufficient time at hand.
2. Do not give the impression that you are going to preach some lecture on morality. Be a friend to your teen and arouse his or her keenness and interest to discuss the subject with you.
3. Communicate to your teen that a discussion does not mean a license to go ahead and date. Let him or her know that your discussion is meant to reassure both of you that you have correct ideas and information about dating.
4. Inform the advantages and disadvantages of dating, in terms of the monetary costs involved, the amount of time that will be required for it, and the positive benefits of dating too and understanding the opposite sex more closely.
5. Make it clear to your teen that dating or any other activity must not be pursued merely because “others are doing it, so I too must do it.” One must take an individual stand on everything, and go according to one’s own thoughts on such issues.
6. Convey to your teen that like with all privileges, dating too comes along with a sense of responsibility. The family values and social values and practices must be held high in anything that you do, including dating.
7. Be an active listener, and allow your teen to respond to your advice. Allow him or her to ask questions, make comments and come out with any thoughts freely so that you can address the issue more clearly for the teen.
8. Let your teen know that you are solidly behind him or her in everything. Assure your teen that in case any difficulty or problem that may arise, he or she must have the confidence to share the situation with you, instead of hiding it and complicating the matter beyond control.
9. Discuss sex frankly during your talk on dating. There is no advantage in avoiding the issue, and rather educate your teen about the perils of sexual diseases and unwanted pregnancies.
10. Overall, let your teen understand that dating is normal, natural and pure fun. With some thoughtfulness, teens can enjoy dating creatively and have lots of healthy fun that they actually deserve.
BIO: Bizymoms has been helping women work at home for over a decade and now provides information on everyday matters and important issues. Our People and Relationships section provides you with information and tips on keeping all of your relationships thriving.
Dating is an important aspect that you need to deal with while parenting your teen. You need to share a friendly relationship with your teen so that he or she is willing to listen to your advice regarding dating. When you see the indicators that your teen is ready for dating, have a talk with him on the subject, and consider a few important points before you broach the topic.
The following tips may help you talk to your teen effectively about dating:
1. Choose a good time to talk to your teen when you are in a good mood, and so is he, and both have sufficient time at hand.
2. Do not give the impression that you are going to preach some lecture on morality. Be a friend to your teen and arouse his or her keenness and interest to discuss the subject with you.
3. Communicate to your teen that a discussion does not mean a license to go ahead and date. Let him or her know that your discussion is meant to reassure both of you that you have correct ideas and information about dating.
4. Inform the advantages and disadvantages of dating, in terms of the monetary costs involved, the amount of time that will be required for it, and the positive benefits of dating too and understanding the opposite sex more closely.
5. Make it clear to your teen that dating or any other activity must not be pursued merely because “others are doing it, so I too must do it.” One must take an individual stand on everything, and go according to one’s own thoughts on such issues.
6. Convey to your teen that like with all privileges, dating too comes along with a sense of responsibility. The family values and social values and practices must be held high in anything that you do, including dating.
7. Be an active listener, and allow your teen to respond to your advice. Allow him or her to ask questions, make comments and come out with any thoughts freely so that you can address the issue more clearly for the teen.
8. Let your teen know that you are solidly behind him or her in everything. Assure your teen that in case any difficulty or problem that may arise, he or she must have the confidence to share the situation with you, instead of hiding it and complicating the matter beyond control.
9. Discuss sex frankly during your talk on dating. There is no advantage in avoiding the issue, and rather educate your teen about the perils of sexual diseases and unwanted pregnancies.
10. Overall, let your teen understand that dating is normal, natural and pure fun. With some thoughtfulness, teens can enjoy dating creatively and have lots of healthy fun that they actually deserve.
BIO: Bizymoms has been helping women work at home for over a decade and now provides information on everyday matters and important issues. Our People and Relationships section provides you with information and tips on keeping all of your relationships thriving.
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