Tim Draper Joins ShareThis Board of Directors
MOUNTAIN VIEW, CA--(Marketwire) - Today, ShareThis, the world's largest
sharing network, announced the addition of Silicon Valley luminary, Tim Draper to its
board of directors. Draper brings decades of experience as founder and
managing director of Draper
Fisher Jurvetson and has worked with some of the most successful
tech companies in the Internet age, including Skype, Hotmail and
Overture.com.
"Tim Draper has an incredible capacity to understand market
needs and how they can and should be met," said Tim Schigel, CEO,
ShareThis. "Sharing is the core of the social Web -- the best way to cut
through the noise and get to the good stuff online. Sharing also
presents a massive opportunity for publishers and brands to have more
meaningful interactions with consumers, and Tim's experience will be
invaluable to us as we build the sharing economy and our company."
"ShareThis is so much more than the green button everyone
uses to share videos, pictures, articles and anything else they want.
The company now helps consumers get the most relevant stream of shared
content, search what is being shared, and in addition, it can direct
advertisers to where the most valuable content lives. There is so much
stuff on the Web now and sharing is the best filter for all the digital
noise," said Draper. "Sharing is shaping the marketplace for digital
content -- it helps us sort through the best content from family,
friends, bloggers and journalists and get to what really matters.
ShareThis is driving this revolution from all sides -- consumers,
publishers, and advertisers."
In addition to founding Draper Fisher Jurvetson, one of
Silicon Valley's most respected and successful venture capitalist firms,
Draper also built the DFJ Global Network, an international network of
early-stage venture capital funds with offices in more than 30 cities
around the globe. Draper's original suggestion to use "viral marketing" in
Web-based e-mail to spread the product and increase adoption was key to
the successes of Hotmail and YahooMail, and has since been adopted as a
standard marketing technique. Other investments include Baidu, Glam,
Skype (acquired by Ebay), and Overture.com (now part of Yahoo).
Working with leading publishers such as FoxNews, USWeekly,
Break.com, and Hearst properties, ShareThis today also launched the
ShareThis Stream, which aggregates and surfaces the content people are
sharing alongside reactions from their friends. Try the stream at http://www.sharethis.com/stream
or sign up to get it for your site at http://www.sharethis.com/publishers/stream.
About ShareThis
ShareThis makes it easy to share ideas and get to the
good stuff online. Reaching over 400 million users across 130,000 sites
across the Web, ShareThis is changing the economics of online publishing
by creating a market of influence across the Web. ShareThis allows
users to share content from anywhere to anyone while simultaneously
enabling publishers and advertisers to tap the value of sharing. Based
in Mountain View, CA, the company is privately held with funding from
Draper Fisher Jurvetson, Blue Chip Venture Company, DFJ Mercury,
Reservoir Partners, Illinois Ventures, Queen City Angels and RPM
Ventures.