Stephan Paternot

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Stephan Paternot
Born (1974-03-21) March 21, 1974 (age 51)
OccupationIT entrepreneur
Known forCo-founder the first social network, theGlobe.com in 1994

Stephan Paternot is an American IT entrepreneur, known as a co-founder of theGlobe.com, the internet's first social network, [1] during the late nineties dot-com bubble. He went on to become the CEO of Slated, an online crowdsourcing marketplace for film financing, sales, packaging and development. [2]

Contents

Early life and education

Paternot was born in San Francisco, raised in Switzerland, then returned to the U.S. for higher education. In 1994, while a junior at Cornell University, he co-founded the first Internet social network site, theglobe.com.

Career

The Globe's IPO made history when it posted the largest first day gain at that time of any IPO with a 606% increase in price. [3]

Early in his tenure, Paternot became known in popular media as "the CEO in the plastic pants" after he was filmed in a nightclub saying "Got the girl. Got the money. Now I'm ready to live a disgusting, frivolous life." [3] theGlobe.com's stock price collapsed in 1999 as a result of the dot-com bubble and in 2001 Paternot published A Very Public Offering: A Rebel's Story of Business Success, Excess, and Reckoning which covered his biography and the history of theGlobe.com [4]

In 2011, Paternot co-founded Slated, a crowdfunding and development website for film projects. [5]

References

  1. Gorman, Patrick (September 12, 2018). "Q&A: Slated CEO Stephan Paternot On Why Culture Is Key". chiefexecutive.net. Retrieved 24 March 2021.
  2. Katz, Brandon (2 July 2020). "Hollywood Is Still Adjusting to the New Normal of COVID-19". Hollywood Observer. Retrieved 24 March 2021.
  3. 1 2 Edwards, Jim (18 October 2013). "WHERE ARE THEY NOW? The Kings Of The '90s Dot-Com Bubble". businessinsider.com. Retrieved 24 March 2021.
  4. Hall, Gina (11 February 2014). "Our chat with Slated CEO Stephan Paternot about his platform's progress with film financing". bizjournals.com. Retrieved 24 March 2021.
  5. Wee, Heesun (15 May 2013). "How equity crowdfunding just might upend film financing". CNBC . Retrieved 24 March 2021.