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Watching Rocketboom go boom

Started by mathewi · 11 months ago

As I expected (or feared), the Rocketboom saga continues to deteriorate. First came the tearful farewell video from Amanda Congdon, the vivacious host and sometime swimwear model, saying she had to part company with Andrew Baron, the co-founder of the popular video-blog/online TV show. ... Continue reading »

3 comments

  • Mathew
    Mario is Amanda's Boyfriend. They lived together and Mario supported other initiatives in the background including her own website. http://www.amandacongdon.com.
    I have no doubt he also helped on the production. He is created with Director on some of the videos.
    Also a lot of the video was shot in Connecticut at her parents home.
    Boy does this make good fodder for the first VideoBlogging Soap !!
  • Nothing wrong with 50-50 or whatever, provided there is an agreement underneath it setting out how people are to deal with disputes. Which doesn't mean that disputes are easy to resolve, or even that an agreement can resolve them for you. But if 50-50 or 60-40 or 70-30 or 80-20 or 90-10 is not a good idea, entrepreneurship is over - many companies start with two founders, and should - one being a lonely number. Having a Board doesn't fix anything - they're appointed by and serve at the pleasure of the shareholders, which brings things back to the agreement.

    Note that a big part of their dispute seems to be lack of certainty about whether she could keep her 49%. Why? No agreement.

    At heart, this is about choosing your business partner very, very carefully and taking the time to document the agreement.
  • That's a good point about the need for care and the fact that a board wouldn't necessarily help, Rob. Although in one of her responses to a comment on her blog, Amanda says that she has a aigned contract in a safety deposit box somewhere. What it has in it, of course, is impossible to say.

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