• MeeVee Cuts 20% Of Staff

    Monday, July 16th, 2007

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    Silicon Valley based online TV startup MeeVee has laid off approximately 20% of its staff, including three executives. The cuts were primarily in finance, sales and marketing, and 27 employees remain with the company.

    MeeVeee is an online TV guide that recently began to integrate video content directly into the site. They’ve raised $14.5 million in two rounds of venture capital.

    CEO Michael Ranieri said this evening that the company is focusing on moving the product forward for now and is in the process of raising another round of financing. He also points to recent deals with Gemstar and CBS as signs of forward momentum for the company.

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