David Aufhauser, the chief business officer of the live-streaming video service Justin.tv, has just announced that he’s “transitioning out” of the company this month. The departure comes roughly one week after Caleb Elston, the startup’s vice president of product, announced that he has left to launch a new startup called Yobongo, a stealth mobile business.
Founded in 2006, Justin.tv was among the first startups to emerge from the Y Combinator program in 2007. Months later, it raised an undisclosed amount of funding from Alsop-Louie Partners and Tim Draper.
In an email sent earlier today, Aufhauser wrote:
Partners and Colleagues,
First off, I apologize for the group e-mail, it is the easiest way to spread the news.
Over the past few months Justin.tv has seen great success at driving towards our goal: attracting massive numbers of users to broadcast live video. The launch of our mobile broadcasting platform alone contributed to 20% growth in broadcasters over the past 4 weeks. As such we decided to double down on building a world class product and platform while decreasing the importance of of partnerships and business development. As part of the plan, I will be transitioning out of Justin.tv during the coming month. I’ll continue to help the company any way I can from the sidelines and will be exploring new endeavors. Stay tuned…and if you are looking to collaborate on opportunities at the nexus of social/digital media, mobile, and technology, do not hesitate to reach out.
Regarding Justin.tv feel free to contact our CEO Michael Seibel [email redacted]or Kevin Lin [email redacted]. Please keep in touch.
Justin.tv’s competitors include Qik and Ustream. Qik, founded in 2006, has raised $8.5 million from Quest Venture Partners, Marc Andreessen and Ben Horowitz, and Salesforce CEO Marc Benioff among others. Ustream, also founded in 2006, has raised far more: $87.8 million, including a stunning $75 million slug in February from Japan’s third-largest mobile phone operator, Softbank Corp.
According to his LinkedIn profile, Aufhauser joined Justin.tv in October of last year. Previously, he was vice president of business development at AOL and Bebo.