IPO - Monday, February 26, 2007
Star of Dot.com Movie Does $100M IPO With Follow-on Startup
Canada's JumpTV has completed an $100M IPO on London's AIM market.
Readers of the a:c may be familiar with the documentary film Startup.com, which follows a couple of entrepreneurs as they launch a company called GovWorks. The star of the movie was Kaleil Isaza Tuzman, who rebounded by founding and serving as president of JumpTV. He currently operates out of Dubai.
We think the JumpTV concept is a killer. It offers subscription-based broadcasts of ethnic TV over the Internet. It currently has rights to broadcast 270 channels from more than 70 countries. JumpTV delivers news, sports and entertainment content on a real-time basis primarily to expats hungry for TV from back home.
Read - JumpTV announces completion of US$100,000,000 common share offering (Release)
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