Five-year-old start-up SplashCast Media will be shutting down in the next few weeks. Co-founder and CEO Michael Berkley put out a company blog post earlier this week detailing the various directions the company had taken, going from an enterprise content management tool, all the way to a video player that was integrated with social networks like Facebook and MySpace--none of which were enough to keep it afloat.
"At each turn, we moved from what ultimately proved to be a declining market opportunity to a larger opportunity," Berkley said. "We have a lot to be proud of. In … Read more