Detailed text transcripts for TV channel - MSNBC - 20111002:11:33:00
Company called i-clips. unlike my first company, it was a real venture-backed business, we followed that more traditional route, raised significant amounts of money. and the idea was we were going to create a system that allowed people to share video on the internet. create our then videos and share them online. >> so what is an i-clip? free streaming video messages that you create. >> it was youtube before it really was before its time. >> when the markets dried up in 2002, i-clips went bust. michael had to let 35 employees go, and start all over again. >> what a company no longer seems to be...
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