Ancestry.com on IPO Deck (ACOM) – 24/7 Wall St.: "The company first operated as The Generations Network, Inc. merged with Generations Holding, Inc. in connection with an investment by Spectrum Equity Investors V, L.P. and certain of its affiliates. this has the company listed as a predecessor and successor entity.
The total purchase price for the Spectrum investment was $354.8 million.
The total purchase price consisted of $249.1 million of cash, $95.7 million in value of previously owned stock of predecessor, $8.2 million of stock option fair value assumed by the successor and $1.8 million of transaction related expenses. Spectrum and certain of its affiliates currently hold approximately 67% of the outstanding shares of our common stock.
Revenues at Ancestry.com have increased from $122.6 million in 2004 to $197.6 million in 2008.
The books are consolidated now to reflect subscription revenues $133.616 million in the first 9-months of 2008 and $152.506 million in the first 9-months of 2009. Total revenues for the same periods were $145.158 million and $164.793 million in 2009. And for the same periods net income was listed as $3.5 million and $12.224 million in 2009.
From what we have seen occur in the subscription business in 2008 to 2009, the question is how much other revenues can be brought in just in case the subscriber revenues start to dry up. While a free service is unlikely to replace the billions of screened images it claims, it might become easier and easier to put off that family tree research project if the economy does not improve."
Sunday, November 8, 2009
Friends Reunited reunited with ITV? • The Register
Friends Reunited reunited with ITV? • The Register: "he Office of Fair Trading has sent the proposed takeover of Friends Reunited by DC Thomson to the Competition Commission.
Dennis the Menace's publisher was to pay £25m for the websites. But it is not Friends Reunited's tiny slice of the social networking pie that worries regulators.
As part of the deal, DC Thomson subsidiary Brightsolid gets control of genealogy site Genes Reunited. The company already runs other genealogy sites including FindMyPast.com and the 1911 census.
The online genealogy and family history market is huge, and the OFT is worried that the deal gives Brightsolid too large a share of it.
The OFT said its investigation found all the merging firms currently compete with market leader Ancestry.com.
Amelia Fletcher, the OFT's Senior Director of Mergers, said: 'People's growing interest in researching their family tree has made this an increasingly important market.
'The proposed acquisition would see the three main providers of online genealogy services reduced to two, and we are concerned this could lead to a reduction in choice or service for consumers. We are therefore referring the merger to the Competition Commission for a fuller inquiry.'
The Competition Commission should report back by 16 April 2010.
Friends Reunited was one of the poster children for bubble 1.0. It ticked all the boxes for the mainstream media having been started by a couple in their spare bedroom in 2000 and adding members very fast before selling out to big media. But tbhe company struggled with various business models and interest faded almost as fast it grew. The site lost its way to other sites like Bebo, MySpace and much later Facebook. ®"
ITV, Mormons and Family Trees - The Source - WSJ: "By Robin Moroney
What’s worse than selling a business at a £145 million loss? ITV’s answer: Not being allowed to sell a business at a £145 million loss.
The Office of Fair Trading has referred the planned £25 million sale of Friends Reunited to DC Thomson’s Brightsolid to the Competition Commission. The OFT’s concern relates to genealogy — Friends Reunited’s value lies mostly in Genes Reunited, which allows subscribers to explore the branches of their family trees online.
Since Brightsolid runs findmypast.com and 1911Census.com, the deal would combine two of the top three genealogy Web sites in Britain. That’s a problem, the OFT tells the Times, because market leaders in online genealogy enjoy surprisingly high barriers of entry. A lot of historical records are in the public domain, but building a digital database out of them takes quite a bit of work, giving incumbents a big edge over entrants."
ITV, Mormons and Family Trees - The Source - WSJ:
"By Robin Moroney
What’s worse than selling a business at a £145 million loss? ITV’s answer: Not being allowed to sell a business at a £145 million loss. The Office of Fair Trading has referred the planned £25 million sale of Friends Reunited to DC Thomson’s Brightsolid to the Competition Commission. The OFT’s concern relates to genealogy — Friends Reunited’s value lies mostly in Genes Reunited, which allows subscribers to explore the branches of their family trees online.
Since Brightsolid runs findmypast.com and 1911Census.com, the deal would combine two of the top three genealogy Web sites in Britain. That’s a problem, the OFT tells the Times, because market leaders in online genealogy enjoy surprisingly high barriers of entry. A lot of historical records are in the public domain, but building a digital database out of them takes quite a bit of work, giving incumbents a big edge over entrants."
Dennis the Menace's publisher was to pay £25m for the websites. But it is not Friends Reunited's tiny slice of the social networking pie that worries regulators.
As part of the deal, DC Thomson subsidiary Brightsolid gets control of genealogy site Genes Reunited. The company already runs other genealogy sites including FindMyPast.com and the 1911 census.
The online genealogy and family history market is huge, and the OFT is worried that the deal gives Brightsolid too large a share of it.
The OFT said its investigation found all the merging firms currently compete with market leader Ancestry.com.
Amelia Fletcher, the OFT's Senior Director of Mergers, said: 'People's growing interest in researching their family tree has made this an increasingly important market.
'The proposed acquisition would see the three main providers of online genealogy services reduced to two, and we are concerned this could lead to a reduction in choice or service for consumers. We are therefore referring the merger to the Competition Commission for a fuller inquiry.'
The Competition Commission should report back by 16 April 2010.
Friends Reunited was one of the poster children for bubble 1.0. It ticked all the boxes for the mainstream media having been started by a couple in their spare bedroom in 2000 and adding members very fast before selling out to big media. But tbhe company struggled with various business models and interest faded almost as fast it grew. The site lost its way to other sites like Bebo, MySpace and much later Facebook. ®"
ITV, Mormons and Family Trees - The Source - WSJ: "By Robin Moroney
What’s worse than selling a business at a £145 million loss? ITV’s answer: Not being allowed to sell a business at a £145 million loss.
The Office of Fair Trading has referred the planned £25 million sale of Friends Reunited to DC Thomson’s Brightsolid to the Competition Commission. The OFT’s concern relates to genealogy — Friends Reunited’s value lies mostly in Genes Reunited, which allows subscribers to explore the branches of their family trees online.
Since Brightsolid runs findmypast.com and 1911Census.com, the deal would combine two of the top three genealogy Web sites in Britain. That’s a problem, the OFT tells the Times, because market leaders in online genealogy enjoy surprisingly high barriers of entry. A lot of historical records are in the public domain, but building a digital database out of them takes quite a bit of work, giving incumbents a big edge over entrants."
ITV, Mormons and Family Trees - The Source - WSJ:
"By Robin Moroney
What’s worse than selling a business at a £145 million loss? ITV’s answer: Not being allowed to sell a business at a £145 million loss. The Office of Fair Trading has referred the planned £25 million sale of Friends Reunited to DC Thomson’s Brightsolid to the Competition Commission. The OFT’s concern relates to genealogy — Friends Reunited’s value lies mostly in Genes Reunited, which allows subscribers to explore the branches of their family trees online.
Since Brightsolid runs findmypast.com and 1911Census.com, the deal would combine two of the top three genealogy Web sites in Britain. That’s a problem, the OFT tells the Times, because market leaders in online genealogy enjoy surprisingly high barriers of entry. A lot of historical records are in the public domain, but building a digital database out of them takes quite a bit of work, giving incumbents a big edge over entrants."
Ancestry.com gains in 1st day of trading
Business & Technology | Ancestry.com gains in 1st day of trading | Seattle Times Newspaper: "NEW YORK —
Shares of Ancestry.com climbed in their first day of trading Thursday after the genealogy Web site's initial public offering priced in the middle of the expected range.
The stock jumped $1.43, or 10.6 percent, to $14.93 in afternoon trading. It earlier traded as high as $16.32.
The world's largest online resource for birth certificates and marriage records priced 7.4 million shares at $13.50 each late Wednesday - the midpoint of its expected range of $12.50 to $14.50 - to raise $100 million in its initial public offering.
Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to nearly $115 million. The stock trades on the Nasdaq market under the ticker symbol 'ACOM.'
The Provo, Utah-based company, which has more than 1 million paying subscribers, plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies.
Founded in 1983 as Ancestry Inc., the company started out publishing books to help genealogy buffs research family lineage and moved to Web-based documents and tools. With more than 600 employees, Ancestry.com was spun off from The Generations Network, a group of businesses offering other Web tools, DNA testing services and Ancestry magazine."
Ancestry.com includes myfamily.com, a Web site based in downtown Bellevue. The site, which launched in December 1998, allows people to create a family or group Web site quickly.
Shares of Ancestry.com climbed in their first day of trading Thursday after the genealogy Web site's initial public offering priced in the middle of the expected range.
The stock jumped $1.43, or 10.6 percent, to $14.93 in afternoon trading. It earlier traded as high as $16.32.
The world's largest online resource for birth certificates and marriage records priced 7.4 million shares at $13.50 each late Wednesday - the midpoint of its expected range of $12.50 to $14.50 - to raise $100 million in its initial public offering.
Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to nearly $115 million. The stock trades on the Nasdaq market under the ticker symbol 'ACOM.'
The Provo, Utah-based company, which has more than 1 million paying subscribers, plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies.
Founded in 1983 as Ancestry Inc., the company started out publishing books to help genealogy buffs research family lineage and moved to Web-based documents and tools. With more than 600 employees, Ancestry.com was spun off from The Generations Network, a group of businesses offering other Web tools, DNA testing services and Ancestry magazine."
Ancestry.com includes myfamily.com, a Web site based in downtown Bellevue. The site, which launched in December 1998, allows people to create a family or group Web site quickly.
Monday, October 26, 2009
MyFamily.com, Inc. old news
MyFamily.com, Inc. Names Ex-Kodak Gallery Executive Andrew Wait as Senior Vice President of Marketing | SYS-CON INDIA: "PROVO, Utah, March 27 /PRNewswire/ -- MyFamily.com, Inc., the leading network for connecting families on the Web, announced today the appointment of Andrew Wait as Senior Vice President of Marketing. Andrew was most recently Senior Director of Marketing, at Kodak Gallery (formerly known as Ofoto), an online photo printing and sharing network.
'I am pleased to welcome Andrew to MyFamily.com,' said Tim Sullivan, President and CEO of MyFamily.com, Inc. 'Andrew brings a strong management background and proven track record of success in marketing online products and related businesses. His creative vision and ability to execute innovative campaigns are a real asset in the constantly evolving world of marketing. I am confident that, in concert with the management team and employees at MyFamily.com, Andrew will make a very positive contribution to the future growth and success of this business.'"
'I am pleased to welcome Andrew to MyFamily.com,' said Tim Sullivan, President and CEO of MyFamily.com, Inc. 'Andrew brings a strong management background and proven track record of success in marketing online products and related businesses. His creative vision and ability to execute innovative campaigns are a real asset in the constantly evolving world of marketing. I am confident that, in concert with the management team and employees at MyFamily.com, Andrew will make a very positive contribution to the future growth and success of this business.'"
Friday, October 23, 2009
Ancestry.com prices 7.4 million shares in IPO, expects to raise $100 million before allotments
Ancestry.com prices 7.4 million shares in IPO, expects to raise $100 million before allotments: "NEW YORK — Genealogy Web site Ancestry.com Inc. plans to sell about 7.4 million shares in an IPO to raise about $100 million.
The Provo, Utah-based company expects to price the shares between $12.50 and $14.50 apiece. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.
About 45 percent of the shares will come from existing shareholders, the company said. Private equity firm Spectrum Equity Investors, through its affiliated funds, will own about 54.8 percent of the outstanding stock following the offering.
Ancestry.com plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies."
The Provo, Utah-based company expects to price the shares between $12.50 and $14.50 apiece. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.
About 45 percent of the shares will come from existing shareholders, the company said. Private equity firm Spectrum Equity Investors, through its affiliated funds, will own about 54.8 percent of the outstanding stock following the offering.
Ancestry.com plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies."
Tuesday, October 20, 2009
Ancestry.com proposed initial public offering of shares of its common stock
Hercules Technology Growth Capital Announces Three Portfolio Companies That Reached Multi-Million Dollar Milestones | Reuters: "Ancestry.com In August 2009, Ancestry.com (www.ancestry.com) - formerly known as The Generations Network - an online resource for family history - announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. About Hercules Technology Growth Capital, Inc.: Hercules Technology Growth Capital, Inc. is a NASDAQ traded specialty finance company providing debt and equity growth capital to technology and life science companies at all stages of development."
Wednesday, September 9, 2009
Ancestry website launches TV campaign | News | Marketing Week
Ancestry website launches TV campaign | News | Marketing Week: "The 30 second ad, created by Hurrell Moseley Dawson Grimmer, is built around a “now and then” scenario and depicts people in period dress waiting in modern day settings to be found by their living descendants.
Ancestry.co.uk was launched in May 2002 and is owned by Ancestry.com operations.
Company managing director Olivier Van Calster says: “We have now reached the right time in the growth of the business to introduce TV-led brand advertising. We are confident that it is the correct media through which to build our brand and business.”
Media is being handled by Brilliant Media.
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Ancestry.co.uk was launched in May 2002 and is owned by Ancestry.com operations.
Company managing director Olivier Van Calster says: “We have now reached the right time in the growth of the business to introduce TV-led brand advertising. We are confident that it is the correct media through which to build our brand and business.”
Media is being handled by Brilliant Media.
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Friday, August 28, 2009
Renee's Genealogy
Renee's Genealogy Blog: WorldVitalRecords is Hiring: "Outbound Sales Consultant
WorldVitalRecords.com is the fastest growing online genealogy and family networking company who is seeking sales consultants that are anxious to share with others how our products and services will benefit them.
- Competitive hourly wage + generous commissions
- Great environment
- Advancement opportunities
- Current shifts are Part Time Mon-Fri: 9-1pm and 1- 5pm
- Location: Provo, UT
Responsibilities:
* Chosen candidates will initiate outbound phone calls.
* Establish and maintain a high level of customer satisfaction in all transactions.
* Utilize computer and software tools to maintain accurate customer profile records.
Requirements:
* Excellent phone etiquette and demeanor accompanied.
* Consistent and proven achievement of sales quotas.
* Sales experience preferred, ideally in a telesales/call center capacity.
For further information regarding the position please contact Sharon Larson at slarson@familylink.com. Mention you read this posting on Renee's Genealogy Blog and that Renee Zamora referred you!"
WorldVitalRecords.com is the fastest growing online genealogy and family networking company who is seeking sales consultants that are anxious to share with others how our products and services will benefit them.
- Competitive hourly wage + generous commissions
- Great environment
- Advancement opportunities
- Current shifts are Part Time Mon-Fri: 9-1pm and 1- 5pm
- Location: Provo, UT
Responsibilities:
* Chosen candidates will initiate outbound phone calls.
* Establish and maintain a high level of customer satisfaction in all transactions.
* Utilize computer and software tools to maintain accurate customer profile records.
Requirements:
* Excellent phone etiquette and demeanor accompanied.
* Consistent and proven achievement of sales quotas.
* Sales experience preferred, ideally in a telesales/call center capacity.
For further information regarding the position please contact Sharon Larson at slarson@familylink.com. Mention you read this posting on Renee's Genealogy Blog and that Renee Zamora referred you!"
Sunday, August 9, 2009
ANCESTRY.COM INC
sv1: "REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 -.USA
ANCESTRY.COM INC."
Ancestry.com is to go public and raise $75million on US Stock Market
Ancestry.com Inc. has filed a
preliminary
registration statement with the US Securities and
Exchange Commission in preparation for going public on the USA Stock Market
This statement is preliminary to issuing an
initial public offering with the objective of
raising $75 million. The company, founded in 1983
and based in Provo, Utah, plans to list on Nasdaq
or NYSE under the symbol ACOM. The present
Ancestry.com has many owners, but the majority
stake of some 67% is held by Spectrum Equity
Investors, a media/communications firm, which
paid about $300 million in 2007 for its share of
the company. The other investors include Sorenson
Media, CMGI@Ventures and EsNet Group.
Together with appendices the registration
document is more than 150 pages of financial
tables and legalese. Anyone who feels they can
digest the document will find it online at the
SEC website
A number of genealogy blogs have kindly gleaned
and digested some of the more interesting
snippets to be found in the document and I am
grateful to member John D Reid of Anglo Celtic
Connections, Dick Eastman and Kimberley Powell at
About Genealogy.com for the following information:
Ancestry.com is the world’s largest online
resource for family history, with almost one
million paying subscribers around the world as of
June 30, 2009. Revenues have increased from
$122.6 million in 2004 to $197.6 million in 2008,
a compound annual growth rate of 12.7%. For six
month of 2009, it had revenues of $99.9 million
with profits of $8.18 million, compared to $87.4
million revenues in first six month of 2008 and
profits of $1.24 million. The total cost of
revenues was $43,614,000. The total operating
expenses were $138,257,000, the largest single
component of which was $52,341,000 for
advertising and marketing. The company has
invested about $80 million to date in making the
genealogy content available to subscribers, to
acquire or license, digitize, index and publish additional records.
:
Approximately 45% of subscribers have been with
the company continuously for more than two years
as of June 30, 2009. In the six months ended June
2009, visitors to the company websites spent an
average of 19.1 minutes on their websites per
usage day. The company sees even more potential
or growth with introduction of the TV show "Who
Do You Think You Are?" in U.S. in early 2010,
following a similar show on BBC in 2006.
In 2008Beijing
Formax, based in Zhongguancun Science Park,
Beijing, China, performed a majority of the
company's data transcription as measured by cost.
The company considers its competition to be:
• FamilySearch, and its website FamilySearch.org (
• Commercial entities, including online
genealogical research services, library content
distributors, search engines and portals,
retailers of books and software related to
genealogical research and family tree creation
and family history oriented social networking websites.
• Other non-profit entities and organizations,
genealogical societies, governments and agencies
that may make vital statistics or other records
available to the public for free.
As of June 30, 2009, the company had
approximately 570 full-time employees and
approximately 100 part-time and contingent
employees. All but one of the 13 directors and
executive officers are male. Their ages range
from 33 to 61. Nine are in their 40s.
For 2008 Timothy Sullivan, President and Chief
Executive Officer, received total compensation of
$ 2,242,482 on a base salary of $ 350,000. total
compensation for the other company executives
was: Joshua Hanna $1,219,890; Andrew Wait
$778,871; David Rinn $620,925; Michael Wolfgramm $473,175.
UNDER
THE SECURITIES ACT OF 1933 -.USA
ANCESTRY.COM INC."
Ancestry.com is to go public and raise $75million on US Stock Market
Ancestry.com Inc. has filed a
registration statement with the US Securities and
Exchange Commission in preparation for going public on the USA Stock Market
This statement is preliminary to issuing an
initial public offering with the objective of
raising $75 million. The company, founded in 1983
and based in Provo, Utah, plans to list on Nasdaq
or NYSE under the symbol ACOM. The present
Ancestry.com has many owners, but the majority
stake of some 67% is held by Spectrum Equity
Investors, a media/communications firm, which
paid about $300 million in 2007 for its share of
the company. The other investors include Sorenson
Media, CMGI@Ventures and EsNet Group.
Together with appendices the registration
document is more than 150 pages of financial
tables and legalese. Anyone who feels they can
digest the document will find it online at the
SEC website
A number of genealogy blogs have kindly gleaned
and digested some of the more interesting
snippets to be found in the document and I am
grateful to member John D Reid of Anglo Celtic
Connections, Dick Eastman and Kimberley Powell at
About Genealogy.com for the following information:
Ancestry.com is the world’s largest online
resource for family history, with almost one
million paying subscribers around the world as of
June 30, 2009. Revenues have increased from
$122.6 million in 2004 to $197.6 million in 2008,
a compound annual growth rate of 12.7%. For six
month of 2009, it had revenues of $99.9 million
with profits of $8.18 million, compared to $87.4
million revenues in first six month of 2008 and
profits of $1.24 million. The total cost of
revenues was $43,614,000. The total operating
expenses were $138,257,000, the largest single
component of which was $52,341,000 for
advertising and marketing. The company has
invested about $80 million to date in making the
genealogy content available to subscribers, to
acquire or license, digitize, index and publish additional records.
:
Approximately 45% of subscribers have been with
the company continuously for more than two years
as of June 30, 2009. In the six months ended June
2009, visitors to the company websites spent an
average of 19.1 minutes on their websites per
usage day. The company sees even more potential
or growth with introduction of the TV show "Who
Do You Think You Are?" in U.S. in early 2010,
following a similar show on BBC in 2006.
In 2008
Formax, based in Zhongguancun Science Park,
Beijing, China, performed a majority of the
company's data transcription as measured by cost.
The company considers its competition to be:
• FamilySearch, and its website FamilySearch.org (
• Commercial entities, including online
genealogical research services, library content
distributors, search engines and portals,
retailers of books and software related to
genealogical research and family tree creation
and family history oriented social networking websites.
• Other non-profit entities and organizations,
genealogical societies, governments and agencies
that may make vital statistics or other records
available to the public for free.
As of June 30, 2009, the company had
approximately 570 full-time employees and
approximately 100 part-time and contingent
employees. All but one of the 13 directors and
executive officers are male. Their ages range
from 33 to 61. Nine are in their 40s.
For 2008 Timothy Sullivan, President and Chief
Executive Officer, received total compensation of
$ 2,242,482 on a base salary of $ 350,000. total
compensation for the other company executives
was: Joshua Hanna $1,219,890; Andrew Wait
$778,871; David Rinn $620,925; Michael Wolfgramm $473,175.
Tuesday, August 4, 2009
Domain Names
Domain Name Wire » News » Ancestry.com Warns about Country Code Domains in SEC Filing - The Domain Industry's News Source: "Company cites global domain name protection as risk in S-1.
Ancestry.comAncestry.com has filed to go public. It’s another example of a great business built on a generic, category-killer domain name. But in its S-1 filing with the Securities and Exchange Commission, the company cites challenges acquiring country code domain names as a risk:
If we are unable to protect our domain names, our reputation and brand could be affected adversely.
We have registered domain names for website destinations that we use in our business, such as Ancestry.com, Genealogy.com and myfamily.com. However, if we are unable to maintain our rights in these domain names, our competitors could capitalize on our brand recognition by using these domain names for their own benefit."
Ancestry.comAncestry.com has filed to go public. It’s another example of a great business built on a generic, category-killer domain name. But in its S-1 filing with the Securities and Exchange Commission, the company cites challenges acquiring country code domain names as a risk:
If we are unable to protect our domain names, our reputation and brand could be affected adversely.
We have registered domain names for website destinations that we use in our business, such as Ancestry.com, Genealogy.com and myfamily.com. However, if we are unable to maintain our rights in these domain names, our competitors could capitalize on our brand recognition by using these domain names for their own benefit."
Ancestry.com Files For $75 Million IPO
Finding Family Is Big Business: Ancestry.com Files For $75 Million IPO | Technology News | Newsmedian.com
After going a year with nary a venture-backed IPO in sight, here’s more proof that things are finally beginning to perk up: Ancestry.com, a genealogy service that allows user to map out and search for their family history, has filed for a $75 million IPO. You can see the full SEC filing here.
After going a year with nary a venture-backed IPO in sight, here’s more proof that things are finally beginning to perk up: Ancestry.com, a genealogy service that allows user to map out and search for their family history, has filed for a $75 million IPO. You can see the full SEC filing here.
Ancestry.com offers some basic functionality for free, but to tap into the site’s vast library of historical records, which includes billions of documents and photographs, users have to sign up for a premium subscription. The company claims nearly 1 million subscribers, with an average revenue of $16.50 per subscriber. With monthly churn of 4.1% and a acquisition cost of $67.30, the company can make its money back in four months for each subscriber. In the last six months, Ancestry has made $107 million, with profits of $8 million and a run rate of $200 million.
Back in October 2007 Spectrum Equity Investors led a $300 million buyout of Ancestry.com’s parent company, The Generations Network (which now calls itself Ancestry.com Inc). But it wasn’t a complete buyout, with employees and possibly some outside investors retaining equity in the company.
Ancestry has been on the web for over twelve years, but its roots extend back to 1984, when the company published family history books. The company now employs more than 600 peopleMonday, July 27, 2009
Senior Product Manager - Community job in Provo, UT • San Francisco, CA: Technology and Internet careers - Yahoo HotJobs
Senior Product Manager - Community job in Provo, UT • San Francisco, CA: Technology and Internet careers - Yahoo HotJobs: "Job Description:
We are looking for an experienced PRODUCT MANAGER to focus on the community and member collaboration aspects of the Ancestry.com user experience. From the beginnings of the web individuals interested in family history have found ways to work together in their research online. Ancestry.com has many tools to be able to find other members doing similar research and collaborate with them in your family history. These collaborative aspects of the member experience are an important element driving member engagement, success, satisfaction, and retention.
This Product Manager will drive new community features and member collaboration opportunities across the Ancestry.com user experience. It should be woven throughout the full product, including search flows leading to historical records and our online tree-building tools. As such, this individual will not only need to be able to understand the customer very well, they will need to gain a solid understanding of the full Ancestry.com product experience.
The ideal candidate will have several years experience product managing a consumer focused website. They will be able to point to projects where they have shown success in innovating around the product experience. Being able to demonstrate a personal passion for researching their family history will be a distinct advantage – and will bring perspective and insight into this role.
This position could be based either in our San Francisco, CA office or our Provo, UT office."
We are looking for an experienced PRODUCT MANAGER to focus on the community and member collaboration aspects of the Ancestry.com user experience. From the beginnings of the web individuals interested in family history have found ways to work together in their research online. Ancestry.com has many tools to be able to find other members doing similar research and collaborate with them in your family history. These collaborative aspects of the member experience are an important element driving member engagement, success, satisfaction, and retention.
This Product Manager will drive new community features and member collaboration opportunities across the Ancestry.com user experience. It should be woven throughout the full product, including search flows leading to historical records and our online tree-building tools. As such, this individual will not only need to be able to understand the customer very well, they will need to gain a solid understanding of the full Ancestry.com product experience.
The ideal candidate will have several years experience product managing a consumer focused website. They will be able to point to projects where they have shown success in innovating around the product experience. Being able to demonstrate a personal passion for researching their family history will be a distinct advantage – and will bring perspective and insight into this role.
This position could be based either in our San Francisco, CA office or our Provo, UT office."
Saturday, July 11, 2009
The Generations Network
The Generations Network Jobs: New Media/Internet careers - Yahoo! HotJobs
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Thursday, July 2, 2009
Crowe’s Nest- Elizabeth Powell Crowe
Crowe’s Nest by Elizabeth Powell Crowe » Blog Archive » Ancestry.com Launches New ‘My Story’ Advertising Campaign: "The new campaign will run for at least the next 12 months. The five 15, 30 and 60 second television ads will spotlight Ancestry.com members from across the country and their heartwarming family history connections, including a New Yorker who found answers about a father he wanted to better understand and a woman from Chicago who is opening up a restaurant with a cousin after exploring how far the cooking talent extended in her family tree. The TV spots will appear on popular cable networks and channels such as AMC, CNN, Fox News, History Channel, Lifetime Movie Network and Hallmark, among others.
Each member’s story and TV commercial will be available at Ancestry.com beginning today, and an online campaign featuring a variety of “Who Will You Discover?” banner ads will begin on June 29."
Each member’s story and TV commercial will be available at Ancestry.com beginning today, and an online campaign featuring a variety of “Who Will You Discover?” banner ads will begin on June 29."
Wednesday, May 27, 2009
Hurrell Moseley Dawson & Grimmer
Hurrell Moseley Dawson & Grimmer lands Ancestry.co.uk account - Brand Republic News - Brand Republic: "Hurrell Moseley Dawson & Grimmer has scooped the advertising account for the family history website, Ancestry.co.uk.
The agency landed the business following a shoot-out against VCCP and Delaney Lund Knox Warren in a process handled by the AAR.
HMDG has now been briefed to produce a campa"
The agency landed the business following a shoot-out against VCCP and Delaney Lund Knox Warren in a process handled by the AAR.
HMDG has now been briefed to produce a campa"
The Generations Network Jobs: New Media/Internet careers - Yahoo! HotJobs
The Generations Network Jobs: New Media/Internet careers - Yahoo! HotJobs: "The Generations Network Jobs 11 total ("
| Job Title | Job Location | Date |
| Document Preservation Contractor - ST. CROIX, VIRGIN ISLANDS | St Croix | Reposted May 06 |
| WORK FORCE MANAGEMENT SCHEDULING COORDINATOR | Provo, UT | |
| DOCUMENT PRESERVATION CONTRACTOR, MONTGOMERY, AL | Montgomery, AL | Reposted May 06 |
| Swedish Speaking Customer Service | Provo, UT | |
| Director, Engineering, Search Platform | San Francisco, CA 
| |
| IMAGING PRODUCTION SUPERVISOR (GRAVES) | Provo, UT | Reposted May 06 |
| Document Preservation Process & Quality Manager | Provo, UT | |
| Senior Software Architect, Search Platform | Provo, UT | |
| Financial Integration Developer | Provo, UT
| |
| Oracle BI Developer/Analyst | Provo, UT
| Reposted May 06 |
| Product Manager - Search | San Francisco, CA | Reposted May 06 |
Swedish Speaking Customer Service job in Provo, UT: Technology careers - Yahoo HotJobs
Swedish Speaking Customer Service job in Provo, UT: Technology careers - Yahoo HotJobs: "This person responds to calls from international members of our Ancestry.co.uk, and Swedish site. Customer service agents receive inbound contact from our members by phone and email. They also solve basic technical support questions providing world-class customer service. This position pays $11 per hour plus an additional premium for proficiency in speaking and writing in Swedish. A competency test will be give as part of the interview and selection process. Hours are full-time, 2 am to 10 am with two scheduled days off per week. We’re looking for a dynamic, energetic individual who can get excited about leading others by example and making a difference. If that’s you, we’re waiting for your call!"
Tuesday, April 14, 2009
What is an Emerging Company? | Growthink
What is an Emerging Company? | Growthink
Emerging companies are, in their most common and interesting form, small and obscure. Microsoft and Google were once just a small group of programmers and were deep under-the-radar. And if you were invested in them then, your life changed dramatically for the better as they emerged. Less famously but still extremely lucrative were companies like the below that emerged to significant exits for themselves and their investors:
Emerging companies are, in their most common and interesting form, small and obscure. Microsoft and Google were once just a small group of programmers and were deep under-the-radar. And if you were invested in them then, your life changed dramatically for the better as they emerged. Less famously but still extremely lucrative were companies like the below that emerged to significant exits for themselves and their investors:
- About.com: acquired for $410 million by the New York Times
- Advertising.com: acquired for $435 million by AOL Time Warner
- Affinity Labs: acquired for $61 million by Monster Worldwide
- AllBusiness.com: acquired for $55 million by Dun & Bradstreet
- Aruba Networks: IPO at a $1 billion valuation
- Club Penguin: acquired for $350 million cash (and possible $350 million earnout) by Disney
- FraudSciences: acquired for $169 million by PayPal
- Glu Mobile: IPO at a $371 million valuation
- Last.fm: acquired for $280 million by CBS
- Mellanox Technologies: IPO at a $579 million valuation
- Orbital Data Corp.: acquired for $50 million by Citrix Systems
- Overture: acquired for $1.63 billion by Yahoo!
- Photobucket: acquired for $300 million by Fox Interactive Media
- Speedera Networks: acquired for $130 million by Akamai
- Skype: acquired for $2.6 billion by eBay
- The Generations Network: acquired for $300 million by Spectrum Equity Investors
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