Upside was a San Francisco-based business and technology magazine for venture capitalists. It was published from 1989 to 2002.[1] It had a circulation above 300,000.[2]
Upside was started by banker Anthony B. Perkins and technical writer Rich Karlgaard as a magazine "for Silicon Valley about Silicon Valley." Venture capitalist Tim Draper was the main initial backer, along with Silicon Valley Bank founder Roger Smith and Estée Lauder's grandson Gary Lauder. Jay Whitehead was its Managing Publisher. In its early issues, the publication published controversial articles on investment firms Kleiner Perkins Caufield & Byers and Hambrecht & Quist. Upside quickly became widely read in the Silicon Valley tech community but burned through $3 million between 1989 and 1992 and was constantly trying to raise money.[3]
Departure of founders
Perkins was removed by the magazine's board of directors as publisher on May 2, 1992. He would go on to start Red Herring, which had a similar focus to Upside. Within a month, Karlgaard left to become editor of Forbes ASAP.[3]Forbes ASAP was originally announced as a joint venture between Forbes and Upside,[4] but Upside was excluded from the venture after the hiring of Karlgaard, and this angered magazine staff.[3]
In 1997, The Washington Post Company invested in Upside and announced the two companies would share editorial resources, collaborate online, sponsor conferences together and cooperate on ad sales and circulation development. The Washington Post Company said it selected Upside due to the magazine's tech news and connections in Silicon Valley.[6]
David Bunnell's son Aaron Bunnell joined Upside as a vice president in the late 1990s, in charge of the magazine's website UpsideToday. He struck a crucial deal with Yahoo that doubled traffic and launched a popular feature called "Dot-Com graveyard." Co-workers described him as a hard worker. In summer 2000, he was found dead in a hotel room in New York, where he had traveled to close an UpsideToday business deal. He had reportedly been using drugs, working long hours and grieving the loss of a girlfriend in the weeks leading up to his death.[7]
In January 2001, Upside launched UpsideFN, a New York-based online radio network headed by GM Scott Hunter and J.T. Farley, a former senior producer and news editor for CNBC.[8] UpsideFN closed in May 2001, citing a weak advertising market.[9]
At its peak size in 2001, Upside employed 110 staff.[5]
Bankruptcy
Upside declared bankruptcy and ceased publication in 2002.[10]
upside, magazine, upside, francisco, based, business, technology, magazine, venture, capitalists, published, from, 1989, 2002, circulation, above, contents, history, beginnings, departure, founders, expansion, bankruptcy, referenceshistory, editbeginnings, edi. Upside was a San Francisco based business and technology magazine for venture capitalists It was published from 1989 to 2002 1 It had a circulation above 300 000 2 Contents 1 History 1 1 Beginnings 1 2 Departure of founders 1 3 Expansion 1 4 Bankruptcy 2 ReferencesHistory EditBeginnings Edit Upside was started by banker Anthony B Perkins and technical writer Rich Karlgaard as a magazine for Silicon Valley about Silicon Valley Venture capitalist Tim Draper was the main initial backer along with Silicon Valley Bank founder Roger Smith and Estee Lauder s grandson Gary Lauder Jay Whitehead was its Managing Publisher In its early issues the publication published controversial articles on investment firms Kleiner Perkins Caufield amp Byers and Hambrecht amp Quist Upside quickly became widely read in the Silicon Valley tech community but burned through 3 million between 1989 and 1992 and was constantly trying to raise money 3 Departure of founders Edit Perkins was removed by the magazine s board of directors as publisher on May 2 1992 He would go on to start Red Herring which had a similar focus to Upside Within a month Karlgaard left to become editor of Forbes ASAP 3 Forbes ASAP was originally announced as a joint venture between Forbes and Upside 4 but Upside was excluded from the venture after the hiring of Karlgaard and this angered magazine staff 3 David Bunnell an Upside board member and investor and a founder of PC World Macworld and PC Magazine was CEO from 1996 2002 5 Expansion Edit In 1997 The Washington Post Company invested in Upside and announced the two companies would share editorial resources collaborate online sponsor conferences together and cooperate on ad sales and circulation development The Washington Post Company said it selected Upside due to the magazine s tech news and connections in Silicon Valley 6 David Bunnell s son Aaron Bunnell joined Upside as a vice president in the late 1990s in charge of the magazine s website UpsideToday He struck a crucial deal with Yahoo that doubled traffic and launched a popular feature called Dot Com graveyard Co workers described him as a hard worker In summer 2000 he was found dead in a hotel room in New York where he had traveled to close an UpsideToday business deal He had reportedly been using drugs working long hours and grieving the loss of a girlfriend in the weeks leading up to his death 7 In January 2001 Upside launched UpsideFN a New York based online radio network headed by GM Scott Hunter and J T Farley a former senior producer and news editor for CNBC 8 UpsideFN closed in May 2001 citing a weak advertising market 9 At its peak size in 2001 Upside employed 110 staff 5 Bankruptcy Edit Upside declared bankruptcy and ceased publication in 2002 10 References Edit Upside magazine closes San Francisco Business Times American City Business Journals 2002 10 08 Retrieved 2008 10 29 Kopytoff Verne 2002 10 08 Upside magazine to cease publication San Francisco Chronicle Hearst Corp Retrieved 2009 11 28 a b c Fish Story SF Weekly Village Voice Media 1996 04 10 Retrieved 2009 11 28 Fisher Lawrence M 1992 04 12 Making a Difference Another Side To Upside New York Times Retrieved 2009 11 28 a b Fost Dan 2002 04 01 Upside s downside San Francisco Chronicle Hearst Retrieved 2009 11 28 Washington Post Upside team to cover tech world Silicon Valley Business Journal American City Business Journals 1997 10 31 Retrieved 2009 11 28 dead link Dealing with dot com s dark side USA Today Gannett Co Inc 2000 10 18 Retrieved 2009 11 28 Can t Look Down at UpsideFN com Village Voice Village Voice Media 2001 01 30 Retrieved 2009 11 28 Upside Pulls Plug on Live Webcasts InternetNews com WebMediaBrands 2001 05 16 Retrieved 2009 11 28 Upside magazine meets its maker Media Life 2002 10 08 Archived from the original on 2009 06 20 Retrieved 2009 11 28 This trade magazine related article is a stub You can help Wikipedia by expanding it See tips for writing articles about magazines Further suggestions might be found on the article s talk page vte Retrieved from https en wikipedia org w index php title Upside magazine amp oldid 1133468532, wikipedia, wiki, book, books, library,
