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AOL’s Q3 Shopping Spree Totaled $97 Million; Bulk For 5Min

Nov 3, 2010 7:26 AM

AOL (NYSE: AOL) spent just under $100 million to pick up 5min, Thing Labs and TechCrunch in its last-minute Q3 spending spree—and two-thirds of that went to the video site. The price tag for 5min was $64.7 million; the other two were lumped together in the company’s 10-Q at $32.4…

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Posted In: Money, Earnings, Companies, AOL, 5min, techcrunch, thing labs

AOL Buying DIY Video Syndicator 5Min

Sep 28, 2010 12:46 AM

It’s kind of anti-climactic with rumors about AOL (NYSE: AOL) buying TechCrunch swirling around, but word that CEO Tim Armstrong and company are acquiring how-to video syndicator 5min has the virtue of not only being more readily believable, but it’s also more in line with AOL’s recent activity. No response…

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Posted In: Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, Companies, AOL, 5min

5min Adds $7.5 Million Second Round For How-To Videos

Jul 23, 2009 10:12 AM

Online video site 5min has raised $7.5 million in a second round of funding. New investor Globespan Capital Partners led, with participation from previous backer Spark Capital. The startup, which started scaling out through syndication and contextual ad deals last year, will use the new funding to continue to expand…

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Posted In: Advertising, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, 5min, globespan capital partners, spark capital

“How To” Video Site 5min Secures $5 Million First Round

Jan 3, 2008 7:00 AM

Instructional video site 5min has raised $5 million in a first round financing from Spark Capital. The company, which raised a separate $300k in an angel round from unidentified investors last April, now plans to move its headquarters from Tel Aviv, Israel to New York. The name is based on…

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Posted In: Social Media, Technologies / Formats, Broadband, 5min, israel, spark capital

Israeli Videopedia Start-up 5Min Gets $300K In Seed Funding

Apr 17, 2007 8:26 AM

Israeli start-up 5min has raised $300,000 in angel funding for a site that combines user-generated content and instructional video, Alarm Clock reported. The investors weren’t identified. The site’s goal is to create the first communal “Life Videopedia,” allowing anyone to offer up their knowledge by sharing visual guides covering arts,…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Video, Technologies / Formats, Broadband, 5min

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