Demand Media Has Hired Goldman Sachs for IPO, FT reports

Los Angeles-based Demand Media, the fast-growing Web content company, has hired Goldman Sachs to explore an IPO, reports Ken Li of the Financial Times. Li writes that the IPO could come as early as August.

Earlier this year, we spoke with Steven Kydd, Executive VP of Demand Studios. He explains the system of creating vast amounts of content with a network of some 7,000 individuals.

If this IPO goes well it will undoubtedly raise the value of the content creation for the Web. Very exciting.

Andy Plesser, Executive Producer

By Andy Plesser on April 15, 2010 @beet_tv

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Demand Media Has Hired Goldman Sachs for IPO, FT reports

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