How millennial media site Mic got a $1. Obama. Jake. Horowitz has only interviewed 3 people in his video journalism. The third was president Barack Obama. Mic. On Thursday August 6, Jake Horowitz spent three hours in the.

White House's library, waiting for the president to arrive. Michelle Obama's glam squad had already powdered his nose.

1. Patti Stanger is getting closer to the truth. The Million Dollar Matchmaker star asked about her adoptive mom in a clip from Hollywood Medium With Tyler Henry that.
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He. sipped water and thumbed an issue of The New Yorker, trying to. Horowitz, 2. 7, was about to conduct his third- ever video interview. Mic. The president had only granted two. CNN and twenty. minutes to Horowitz, and Horowitz was only given one week to. Suddenly, the dozen people in the library fell silent.

A secret service agent entered and Barack Obama filed behind. Horowitz shook the president's hand. He showed him Mic's. Mic's millennial- age readers during the interview. Horowitz began. showing Obama how to swipe when the president stopped him.

Guys," Obama said, "I'm not a complete and total idiot. I know how to use an i. Pad.". With that, the interview began. Horowitz gulped, and dove. By 2. 0- somethings for 2. Mic is a small startup with big ambitions. Founded in 2. 01.

Horowitz and former Goldman Sachs employee Chris Altchek, Mic is. The site boasts a youthful readership; 7. Additionally, Mic says 8. Obama's team. Jake Horowitz and Chris Altchek, cofounders of.

The startup has just 8. A June round of financing valued. Mic at nearly $1. Mic is also rumored to have.

· Millennial media site Mic is growing fast, but can it survive against new media giants like Buzzfeed, Vice, and Vox?

Twitter acquisition talks for that. Vox, Vice, Business. Insider, Gawker and Buzzfeed are worth.

Vox and Buzzfeed each. Mic has raised $3. Can Mic compete? Or should it have sold when it had the chance? There have been conversations with a lot of different. Altchek said when asked about acquisition opportunities. But I think it’s becoming very clear to us.

Here's how Altchek, Mic's CEO, plans to win as David in. Goliaths. Video has gone from 0 to 3. Mic, like every other digital media company, began to build. Video is a coveted new opportunity for digital publishers. CPMs (cost per. thousand views) for those placements than for traditional banner.

For the first time, advertisers are shifting some of their. Companies that are succeeding in. Vice and Buzzfeed, are worth hundreds of.

Mic's early video efforts seem successful. Watch The Lion King Online Free HD. In January, Mic. launched an online show hosted by its senior editor.

Elizabeth Plank, called "Flip the Script." Plank, who started at. Mic as an intern, produced eight short episodes which.

Facebook, You. Tube and Mic. One of the videos, which examines when it's okay to say the word. Facebook views. Mic says it's planning to produce an entire franchise around. Plank in 2. 01. 6. Mic is also producing a web show called "Future. Present" which highlights cool technology. Watch Boost Online. The first episode featured a child's 3- D printed arm and.

Each episode. after that has generated 2. The. Obama interview, which took months to nail down and. Mic, half on Facebook and half on its website. We're investing in really high quality video,". Altchek says. "We're traveling all over the country to go to. The in- studio and green.

But. in this digital world, all video is being consumed on demand. The. average American only spends 7. So, whoever is going to replace cable news doesn't need to be. People are going to find the. The average American spends 7. So, whoever is going to replace cable news doesn't need to be. Mic is also focused on making sure its videos are well.

Business. Insider has heard it's joining. Comcast's new Watchable streaming product but Altchek —.

Comcast —says Mic will announce. Revenue has grown from $0 last year to $5 to. Last October, Mic hired its first head of sales, Evan Gotlib. Gotlib then hired a sales team in San Francisco, Los. Angeles, Chicago, Texas and New York.

That team is focused on. Mic: branded content, video content.

Hero" banner unit. The "hero" ad appears on both mobile and desktop.

It spans the. full width of Mic's site and is used as a page break between. Mic's website and mobile app use infinite scroll, which. Mic's Hero ad, which is. CPM. Mic. Altchek says the Hero unit is sold out for the. CPM. Mic didn't generate any revenue in 2.

Gottlieb's team. is closing a few seven- figure deals, which will generate $5- 1. Some months, Altchek says Mic is. That's great and all, but Mic is only 1/1.

Vice, Vox and Buzzfeed. Is it screwed? 2. A few. venture- backed publications, including Gigaom and Circa. Others like Elite Daily.

Recode got acquired. Buzzfeed, Vox, and Vice sit on the other end of the. They've raised hundreds of millions of dollars and are. Buzzfeed, which has more than 9. It generated more than $1. Where does that leave a site like Mic, which has one- tenth. Mic board member and former AOL CEO Jon Miller thinks it's too.

I think we're still in the very early stages of the digital. Miller told Business Insider during a phone. I've been through enough of these cycles now to know that these. People. said there was nothing to do in the news space, and then CNN. They said there was nothing to do after CNN, and the. CNBC and Fox emerged.

For Mic, its growth is really. Watch Warm Summer Rain Online Free 2016 here. Altchek and his investors acknowledge that Mic has a long way to. But the startup has one thing most modern media companies.

There are about 8. United. States, which makes it larger and more powerful than any. Mic believes winning them over could be a. If Mic can create a trusted relationship with millennials.

Baby. Boomers who became attached to CNN, and become a household name. Mic views itself as the next MTV, which was started by Bob. Pittman in 1. 98. Pittman, by the way, founded MTV when he was 2. Horowitz and Altchek are today. The next $1. 0 billion media company will be the one that wins. Altchek insists. "We understand them.

Million Dollar Matchmaker Patti Stanger seeks truth of mom. Patti Stanger is getting closer to the truth.

The Million Dollar Matchmaker star asked about her adoptive mom in a clip from Hollywood Medium With Tyler Henry that was released Tuesday.'What's the secret that she was holding on to? That's what I can't figure out,' Patti said referring to her adoptive mother who never spoke of Patti's biological mother. Scroll down for video Digging deeper: Patti Stanger - The Million Dollar Matchmaker star -  asked about her adoptive mom in a clip from Hollywood Medium With Tyler Henry that was released Tuesday'There was a secret around my adoption. My mother Rhoda, the one we're referring to, basically would never tell me the truth about my adoption,' Patti told Tyler.'She died not wanting me ever to know about my biological mother,' she added.'I spent a long time searching on this, hiring private investigators, doing my own homework. I really couldn't ever figure out why was she afraid to allow me to know that family and what happened.' Tyler took a moment to analyze what Patti said and scribbled on his notepad as he made gestures with his face. 'To be honest, when I'm connecting to biological mom's energy, there is an acknowledgment, when I'm going to the brain and mental..

Family secrets: 'There was a secret around my adoption. My mother Rhoda, the one we're referring to, basically would never tell me the truth about my adoption,' Patti told Tyler'That indicates maybe an undiagnosed mental disorder,' the clairvoyant revealed.'The feeling is basically not wanting to expose you to this individual,' Tyler continued as he said it would be too hard for a child to understand something serious like schizophrenic paranoia.'There could have been some genetic factors when it comes to mental illness within family on your mom's side that maybe she didn't want everyone to fully know about.'Medium rare: 'There could have been some genetic factors when it comes to mental illness within family on your mom's side that maybe she didn't want everyone to fully know about,' said Tyler inferrring that Patti's mom may have had mental illness. Patti nodded her head in agreement fully understanding that Rhoda was only protecting her. The clip ends with Tyler posturing: 'From her perspective, she views it as her protecting you. No matter how that was received on your end, the feeling is like, "I was protecting her because I knew that her mom was a lot worse mentally…than she even fully was aware of."'Tyler Henry is a self- proclaimed clairvoyant whose show debuted in January 2. Patti's claim to fame came from her first show The Millionaire Matchmaker which debuted on Bravo in 2. Hollywood Medium with Tyler Henry available to stream & download Thursdays on hayu.

Airs Sundays at 9pm on E! UK Shining star: Patti's claim to fame came from her first show The Millionaire Matchmaker which debuted on Bravo in 2.