My Dearest Ustreamers,
Hope all is well. Today, we announced an additional financing of $6m from our existing lead investors, Softbank and DCM. The timing is perfect for the company and for me to announce that I will be returning to my entrepreneurial roots.
I want to say from the bottom of my heart that I love Ustream. I thank everyone for their support over the past 4.5 years. Ustream is about allowing anyone to broadcast live over the Internet while interacting with their family, friends, fans or following.
I will stay on as Chairman of the Board and continue to support the Company.
Keep streaming Ustreamers.
Sincerely and humbly,