Changing business models seems to be a rite of passage for many companies. Last year, Mike Sheehan, CEO of Booyah Networks, the Colorado-based advertising company that worked with me to develop Vator.tv's first prototype, thought that the online business to be in was to create video channels for publishers. Hence, he offered to create Vator.tv for me, in exchange for a share of future advertising revenue. He had several video channels lined up, including a sports channel. Given that crowded field, he dropped that business as quickly as he got into it, opting instead to focus on SpotXchange, a video advertising network. Over the course of the last year, I’ve seen a number of companies make business model changes. DAVE.tv ... [ Read more ]