MOUNTAIN VIEW, CA--(Marketwire - March 2, 2010) - 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.
Contact Information:
Media Contacts:
Corey Lewis or Virginia Zimpel
LaunchSquad
sharethis(at)launchsquad(dot)com
+1 415 625 8555