Re/code recently reported that Whipclip – a mobile app company founded by former Demand Media CEO Richard Rosenblatt – raised $20 million at a $100 million valuation. The app will allow consumers to share favorite TV clips legally.
Rosenblatt got the idea for Whipclip while watching Richard Sherman’s comments following the Seattle Seahawks’ victory against the San Francisco 49ers in the 2013 NFC Championship. According to Re/code:
Rosenblatt wanted to get a clip of the diatribe to his kids, but found it nearly impossible to do so except via sending links to stolen clips on YouTube.
“I did what everyone does and emailed, ‘Check this out it’s at https://www.youtube.com/watch?v=7mlnm3rfnww, but it’s long so fast forward to 11 seconds and you don’t need to watch past 35 seconds,’” said Rosenblatt, who had been consulting for Raine since he left Demand. Read more