|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |
aSmallWorld Holdings, Inc.
Business Summary
ASmallWorld Holdings Inc. was founded in 2003 by husband and wife Erik and Louise Wachtmeister. Having grown up as the son of a Swedish diplomat, Erik Wachtmeister (then working as an investment banker) had moved constantly across the world and sought a way to stay in touch with his network of friends and their whereabouts. Wachtmeister particularly was interested in his fellow high-end jetsetters who tended to travel among homes or from country to country. In 2003, Erik Wachtmeister emailed a summary about his concept to his friends and business colleagues and clients to gage interest and to raise financing. With financing in hand from various wealthy individual investors, Erik Wachtmeister and Louise Wachtmeister built aSmallWorld as an elite, invitation-only social network.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2003 |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| City: | New York |
| State/Province: | New York |
| Country: | United States |
| Website: | www.asmallworld.net |
Corporate Organization
| Brands: | aBigWorld aSmallWorld Magazine aSmallWorld.net |
| Founders: | Erik Wachtmeister Louise Wachtmeister |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > Internet Services > Social Media |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | aSmallWorld Holdings, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all aSmallWorld Holdings, Inc. financials to Excel and create your own graphs.)
To view the graphs below, unlock this company report for $99 or Upgrade to a PrivCo Premium Subscription for site-wide access to all PrivCo private company research reports.
aSmallWorld Holdings, Inc. Total Employees: |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | May. 2006 | Completed | View | View | Majority Acquisition | View |
| Details | Oct. 2009 | Completed | View | View | Acquisition | View |
Missing a deal? Tell us about it! tips@privco.com
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Nov. 2003 | Various Individual Investors | Seed | Angel / Individual | |
| Details | Total Round Seed $500,000 | |||
| Sep. 2008 | View | Debt Funding | ||
| Details | Total Round Debt Funding View | |||
| Dec. 2008 | View | Other | ||
| Details | Total Round Other1 View | |||
| Total of Funding Shown Above View | ||||
| 1 | According to an SEC filing...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
Detailed Business Description: aSmallWorld Holdings, Inc.
Company Overview
ASmallWorld Holdings, Inc.'s main offering is the elite social networking website aSmallWorld, boasting over 700,000 high-end members, who may join by invitation only. Only some 20% of aSmallWorld's members are entrusted with the ability to make invitations. In 2006, aSmallWorld received a controlling investment by the recently formed film studio The Weinstein Company (see PrivCo M&A Table for aSmallWorld Holdings Inc. for details on aSmallWorld's acquisition activity). In 2009, entrepreneur and Nestle heir Patrick Liotard-Vogt acquired the majority of aSmallWorld Holdings Inc. and provided the company with additional growth capital. (Patrick Liotard-Vogt met Harvey Weinstein at an AMFAR benefit in Cannes in 2009 and approached him offering to acquire The Weinstein Company's stake aSmallWorld, and a deal was made shortly after.) The company's headquarters was moved to New York City from Europe, and the company worked to build its U.S. membership (membership… Continue Reading →
Supplemental Resources
|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |





