Scout electromedia
Encyclopedia
Scout Electromedia was a late 1990s wireless consumer product company based in San Francisco.
The company created the modo
handheld wireless device which delivered up-to-the-minute entertainment information to urban youth in New York, San Francisco, and Los Angeles, although the demise of the company abruptly curtailed this service.
The product received high praise in a wide array of press from Playboy to the New York Times. It was venture backed by Flatiron Partners
, TechFund, and idealab!
. However, the backers ran into financial problems in the wake of the dot-com crash
, and funding dried up, which resulted in the swift end of Scout. Ultimately the service ran for just two months in New York and San Francisco, with the company going out of business one day before the scheduled launch in Los Angeles. By the time it was wound up the company employed 84 people.
The company created the modo
Modo (Wireless device)
The Modo was a wireless device developed by Scout electromedia and was officially announced on August 28th, 2000. Utilizing pager networks, the device was designed to provide city-specific "lifestyle" content such as restaurant & bar reviews, movie listings, in addition to original Scout-produced...
handheld wireless device which delivered up-to-the-minute entertainment information to urban youth in New York, San Francisco, and Los Angeles, although the demise of the company abruptly curtailed this service.
The product received high praise in a wide array of press from Playboy to the New York Times. It was venture backed by Flatiron Partners
Fred Wilson (financier)
Fred Wilson is a New York-based venture capitalist and a prominent blogger. Due to his successful investment track record and community involvement, he is recognized as a leading voice of the venture capital finance community in New York...
, TechFund, and idealab!
Idealab
Idealab is a business incubator based in Pasadena, California.-History:Idealab was founded by Bill Gross in March 1996...
. However, the backers ran into financial problems in the wake of the dot-com crash
Dot-com bubble
The dot-com bubble was a speculative bubble covering roughly 1995–2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more...
, and funding dried up, which resulted in the swift end of Scout. Ultimately the service ran for just two months in New York and San Francisco, with the company going out of business one day before the scheduled launch in Los Angeles. By the time it was wound up the company employed 84 people.