Reel Time

Thanks to these entrepreneurs, putting video online is quick and painless.
Magazine Contributor
1 min read

This story appears in the February 2008 issue of Entrepreneur. Subscribe »

In 2005, Yale graduates David Lerman and Matt Sanchez, now both 26, and Kevin Sladek joined forces to found San Francisco-based new-media company VideoEgg. (Sladek has since left the company.) At the time, their objective was to make the process of uploading video to the web as simple as uploading a photo. But following a beta release of their technology, they quickly recalculated VideoEgg's potential. Online communities like YouTube were eager for the powerful tool, and advertisers saw it as an innovative way to reach those communities' members. Today, VideoEgg has partnered with 14 of the top 20 social networking sites and helped more than 100 brands--including Ford, Nestlé and Sprint--advertise through its video ad network.

Powering more than 500 million video plays per month, VideoEgg itself is powered by more than $35 million in VC funding. Says Sanchez, "We started the company with what we thought was a $10 million business tool, and it has evolved into something much more significant than that."

loading...
More from Entrepreneur
Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Through 5/27/21, save on our collection of recommended social media books, including:
  • No B.S. Guide to Direct Response Social Media Marketing
  • Ultimate Guide to Youtube for Business
  • Ultimate Guide to Facebook Advertising
  • And more
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur