Media - Thursday, January 31, 2008
Mercurial TV Exec Launches WonderHowTo With VC Backing
WonderHowTo has closed a Series A investment led by General Catalyst Partners and signed an ad sales deal with Scripps Network. WonderHowTo is late to the HowTo Instructional video party as there are several other funded startups that have been ongoing concerns for a year or more that we have covered including Expert Village, eHow, Videojug5min, and others.
But WonderHowTo has a solid URL and it is run by a former Hollywood exec, Stephen Chao, who has proven that he knows how to put out popular video fare. Chao is the force behind the Fox TV show Cops as well as America’s Most Wanted. These success stories catapulted him to the rank of President of Fox TV. Unfortunately for Chao he was fired by Fox after he orchestrated an nude streaker stunt that personally embarrassed Lord Rupert Murdoch. Chao was trying to be creative and make a point but it backfired big time.
WonderHowTo says it has put together 90K videos in more than 400 categories over the last few months. WonderHowTo.com says it will begin accepting community submissions of new videos and soliciting user ratings of videos featured on the site.
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