Everyone thinks Mark Zuckerberg and Facebook gave birth to social media in 2004, but that isn't true. Before there was Facebook there was theglobe.com – the first-ever social networking site, created by 2 guys at the birth of the dot-com era, Stephan Paternot and Todd Krizelman. They launched it from their college dorm room at Cornell, and after a meteoric rise, theglobe.com became world-famous for its billion-dollar IPO in 1998. Over a six-year span, the company grew to over 300 employees, and the website became one of the top thirty most trafficked sites in the world. Only to quickly plummet toward the depths.
Today, Stephan Paternot is co-founder & CEO of Slated, the world’s first online film finance marketplace. Powered by machine-learning analytics, over 1,400 listed films have received over $1.4 billion in investor introductions as of 2018. Over half of 2018’s Sundance Film Festival selections and Oscar nominated films were made by Slated members in producing, directing, and writing roles. In 2004, Stephan co-founded PalmStar, a film production and financing company that has produced and financed over 30 films including Hereditary (2018), Collateral Beauty (2016), Sing Street (2016) and John Wick (2014). Stephan is also the founder and general partner of the Actarus Funds. Founded in 2002, these angel funds have backed such companies as LendingClub, SecondMarket, Indiegogo, AngelList, Digital Currency Group, and many more.
Stephan joins ONE37pm Strength Editor Corban Goble to discuss his amazing story and the re-release and updated version of his memoir, A Very Public Offering, detailing his experience at theglobe.com. A Very Public Offering was updated and reissued in 2018 in conjunction with the worldwide release of the National Geographic Television series Valley of the Boom, in which Stepgen is featured as a character, due out January 2019. Plus, his thoughts on what the next generation of innovators need to know and his current work with Slated.
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