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August 15, 2012 09:37 pm GMT
Plancast, a TC alumni startup that limped along in the deadpool for a few years, has just relaunched under new ownership. ActiveNetwork paid an undisclosed sum last spring and spent the summer updating the site. Co-founders Jay Marcyes and Mark Hendrickson are no longer maintaining the service."We made a fraction of Facebook's current market cap," said founder and former TC writer Mark Hendrickson. Hendrickson wrote an excellent post-mortem on the entire Plancast process, from beginning to end, and for a while it looked like the company could compete with Eventbrite and similar event services. Slow uptake and a small user base nixed those plans and they ended up nearly scrapping the service, leaving it to run on a few servers while they awaited a buyer. He later joined Lift in March.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1oZZfUgavXY/
Pepper Rises: Active Networks Relaunches Plancast With A New Design
Plancast, a TC alumni startup that limped along in the deadpool for a few years, has just relaunched under new ownership. ActiveNetwork paid an undisclosed sum last spring and spent the summer updating the site. Co-founders Jay Marcyes and Mark Hendrickson are no longer maintaining the service."We made a fraction of Facebook's current market cap," said founder and former TC writer Mark Hendrickson. Hendrickson wrote an excellent post-mortem on the entire Plancast process, from beginning to end, and for a while it looked like the company could compete with Eventbrite and similar event services. Slow uptake and a small user base nixed those plans and they ended up nearly scrapping the service, leaving it to run on a few servers while they awaited a buyer. He later joined Lift in March.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1oZZfUgavXY/
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