The Boston Globe as this piece today on serial entrepreneurs, movers-and-shakers that start up one successful company after the other. The piece kicks off with 34 year-old Brightcove founder and CEO Jeremy Allaire, who, along with his brother, founded a company in 1995 that sold to Macromedia for $360 mil. in 2001.
As IPD regular readers know, Allaire is at it again with Brightcove, a Cambridge-based start-up that hopes to democratize video-over-the-web with a free and easy video publishing system. The article contends that he is only an example of a new generation of business builders who build up enterprises to IPO or acquisition stages, and then move on to the next exciting opportunity.
“This time around I have a much more sophisticated understanding of what it takes to put together teams,” Allaire said. “I have a very strong understanding of the financing opportunities that are available to companies and what attracts investors. And I still have a lot of fire in the belly as to what we’re trying to accomplish, which is to transform multimedia distribution.”
Cynthia Brumfield at 11:12 AM|Comments(0)
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