PointRoll's value: Where did it go?

Tom Paine

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One tweet I made recently received a good deal of attention:

King of Prussia-based PointRoll, one of the Philly area's first new media successes, was actually sold by Tegna, the successor to Gannett that contains its non-newspaper properties; the newspapers were spun to a new Gannett Company.

Not that this is new news. After all, the deal was reached in late November, as Technically Philly reported at the time.

But the deterioration in value was perhaps more than some Ad tech people realized.

When it was acquired by Gannett, ClickZ referred to PointRoll as one of the "top four rich media companies", and its future seemed bright. But years of being a corporate kickball within Gannett, which seemed to me to never quite know why it owned it, probably dulled its creative and competitive edge and contributed to its shrinking value over time.

Also, the price PointRoll sold for may have reflected the current state of valuations in the Ad tech market as a whole:

There also was the late 2014 settlement of charges that PointRoll overrode Safari users' privacy preferences. It paid a $750,000 fine and agreed to monitoring.

PointRoll still has value to advertisers in certain segments. The CEO of the company that acquired PointRoll, New York-based Sizmek, said PointRoll serves a majority of ads from the automotive, CPG and retail industry, and it fit well with its strategy.

As to how many associates are left in King of Prussia, Technically Philly reported at the time of its acquisition by Sizmek that 100 out of approximately 300 were let go. But Sizmek's LinkedIn page has only 48 in the Greater Philadelphia area.

And the Inquirer reported a few days ago that PointRoll's CEO, Mario Diez, has left his job to take the top job at Elodina, a New York-based business software firm cofounded by another PointRoll vet.

Links 4/19: Pepper Hamilton Expands Technology Group; Cable Firms Prepare To Fight Set-Top Rules

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Republished from five years ago: Where I dismiss the very idea of a Trurmp candidacy

Tom Paine

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As the 2012 election approached, I wrote a brief post on the possibility of two Penn grads, Jon Huntsman Jr. and one Donald Trump, running for President.

Huntsman never gained traction in the GOP prmaries, and Trump chose not to run, presumably never to be mentioned again as a potential candidate.