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Posts Tagged ‘TC Disrupt’

Mostly information about funding here, but very interesting to find out who got in on the latest round ($7 million):

“The other investors include the original investors in Turntable’s predecessor company, Stickybits: First Round Capital, Polaris Venture Partners, and Chris Sacca’s Lowercase Capital.  Some celebrities and entertainment executives also got into the round, such as Lady Gaga’s manager Troy Carter, Madonna’s manager Guy Oseary, Jimmy Fallon, band members from the Roots, former MySpace Music president Courtney Holt, and former Facebook exec Tim Kendall.  I also heard that a second venture capital fund, perhaps Benchmark or Kleiner, put in a nominal amount just to get an option to invest in the next round.”

Link [TC Disrupt]: Turntable.fm Closes That $7 Million Round, Fred Wilson Joins Board

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Watching Billy and Seth interviewed on tt.fm while playing music on iphone : )

Apologies if I type any of these notes up with errors.

  • Last round of funding included Troy Carter (Lady Gaga’s manager), Questlove and The Roots
  • Streaming about one million songs a day
  • 600,000 people have become users since opening the doors
  • 40% of total users are active users
  • Before having to cut off international access for licensing reasons, ~30% of users were from Japan, ~10% from Brazil
  • Announcing, officially, the iPhone app, right now

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