m
Acquired · $7.4MForbes featured

mydiveo

A creative network with a purpose: for the new talent economy.

Consumer SaaS · Media & Entertainment · Marketplace

$4M raise. Tier 1 press (Forbes, LA Times, Billboard). Enterprise partners from America's Got Talent to YouTube. Acquired for $7.4M within 15 months of public launch.

$7.4M

Acquisition price

$4M

Private funding raised

15

Months post launch to exit

The Challenge

By 2014, the creative class was exploding (musicians, dancers, comedians, actors) but there was no talent focused platform to match them with the networks, casting agents, and brands that needed them. Generic social platforms bury talent under food photos and family drama. Casting sites are transactional and impersonal. The category needed a mobile native, discovery first product built for artists.

“mydiveo is about posting videos specific to your talent: not posting your food, or airing out your laundry with confrontation. It's a social network with a purpose.”Roslynn Cobarrubias, Co founder & CMO

What We Built

A mobile first creative network built around a new content primitive: the diveo: a “discovery video” that functions as a visual EPK for the artist. Geo targeted matching connects talent to networks, casting agents, and brands instantly. Owned TV distribution (mydiveo LIVE on MyxTV) put the platform in 15M+ homes.

The Diveo

The core primitive: a 'discovery video' that functions as a visual EPK: artist talent, background, inspirations, and accomplishments in one mobile native format.

Geo targeted discovery

The platform matches talent seekers with talent instantly across geographies: from casting agents in LA to networks discovering artists in emerging markets.

Social network with a purpose

Not a feed of food and drama. A talent only network where content is scoped to the craft: a defensible positioning against generic social platforms.

Outcome

mydiveo raised $4M in private funding ahead of its Summer 2015 launch, earned an exclusive Forbes feature (April 28, 2015), and signed tier 1 partnerships with America's Got Talent, American Idol, YouTube, Comcast, and the White House AAPI network: before being acquired for $7.4M within ~15 months of public launch. Co founder Roslynn Cobarrubias was named to Billboard's Top 30 and The Source's Power 30.

“We envisioned and listened to what artists and the industry needed to expedite discovery, and developed a new website and app to help fill those needs.”Driss Ouazzani, Co founder & CEO

Quick facts

  • Founders

    Roslynn Cobarrubias (CMO)  · Driss Ouazzani (CEO)

  • Category

    Creative Network · Talent Discovery

  • Model

    Mobile portfolio SaaS

  • Public launch

    Summer 2015

  • Forbes feature

    April 28, 2015 · Julian Mitchell

  • Acquisition

    ~15 months post launch

  • TV distribution

    MyxTV · 15M+ homes

  • Enterprise partners

    8 tier 1 networks & brands

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Press & Industry Recognition

Tier 1 press validated the positioning.

Coverage from Forbes, Los Angeles Times, Billboard, The Source, and CBS turned a pre launch product into an industry conversation: and pulled acquirers into the room.

Forbes

Exclusive pre launch feature · April 28, 2015

Mydiveo Provides A Mobile Portfolio Platform For Artists, Transforming Talent Discovery

Julian Mitchell

Billboard Magazine

Top 30 Music Industry Professionals

Co founder Roslynn Cobarrubias named alongside Daniel Ek (Spotify Founder).

Industry recognition

The Source Magazine

Power 30

Featured alongside the MySpace.com Co Founders, Diddy, and Russell Simmons.

Industry recognition

Los Angeles Times

Feature on co founder Roslynn Cobarrubias

Tier 1 US daily coverage of the platform and its leadership.

West Coast press

Asian Journal

Cover feature (Filipino diaspora daily)

Cobarrubias appeared on the cover of the Filipino newspaper Asian Journal.

Community & diaspora press

CBS Play It Network

Behind the Brilliance interview

Founder interview on the CBS Play It Network segment 'Behind the Brilliance'.

Broadcast interview

Enterprise Partners

Networks and brands used mydiveo before the public did.

Enterprise validation preceded consumer scale. When Forbes ran the piece, mydiveo was already the discovery engine for America's Got Talent casting and Skee TV live show booking: enterprise wins that made the acquisition case credible.

Owned TV distribution

mydiveo LIVE · MyxTV

Music magazine TV show reaching 15M+ homes via DirecTV, Time Warner Cable, Comcast, Cox, and Sony Roku.

America's Got Talent

Discovered emerging artists via the platform

American Idol

Casting & talent discovery workflow

The White House AAPI network

Government cultural programming

Comcast

Distribution & content partnership

YouTube

Creator & discovery integration

AXS TV

Live music & event television

Sirius XM

Music & talent programming

Skee TV

Live television performer booking

Exclusive Forbes feature

April 28, 2015

By Julian Mitchell

Pre launch coverage

Forbes disclosed the $4M private raise and the enterprise casting relationships before the public launch.

Headline

Mydiveo Provides A Mobile Portfolio Platform For Artists, Transforming Talent Discovery

  • Co founders identified the gap for a visually driven, talent focused artist platform
  • $4M private funding disclosed ahead of Summer 2015 launch
  • Already casting for America's Got Talent and booking Skee TV performers
  • Geo targeted discovery: instant connections between talent seekers and talent
  • The 'diveo' primitive: a mobile native visual EPK for every artist

Lessons for scaleups & VC backed founders

What actually drove the exit.

01

Positioning wins press

mydiveo didn't pitch 'another social app': it pitched 'a social network with a purpose.' That single reframing earned tier 1 press (Forbes, LA Times, Billboard) that fueled acquisition interest.

02

Enterprise validation before scale

By the time Forbes ran the piece, mydiveo was already casting for America's Got Talent and Skee TV. Enterprise wins made the consumer story credible: and the acquisition inevitable.

03

TV distribution is a moat

mydiveo LIVE on MyxTV reached 15M+ homes via DirecTV, Time Warner Cable, Comcast, Cox, and Sony Roku. Owned distribution created leverage no pure software competitor had.

04

Fast to exit is a valid exit

$4M raise → Forbes feature → $7.4M acquisition in ~15 months. A modest headline number, but a fast, clean exit: and a template for scaleups optimizing for optionality over vanity valuation.

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