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DivX Inc.

Digital media products & services

"The ability to embrace an unforeseen opportunity and the patience to ride the waves to see the vision realized"

"Success of a company happens when it focuses on what users really want while maintaining high quality standards."

"Success or failure of a business depends on building a good team."

"Taking on the biggest company in the world and beating them at their own game by creating a global, grassroots video phenomenon."

Success Secret | What Is Success? |
Best Advice | Tipping Point

Friends & family	Venture capital
Bank loan	Private investors
Line of credit	Credit cards
Savings/personal funds

Health insurance	Flextime
Life insurance	Company car
Telecommuting	401(K)
Tuition reimbursement	Stock options

Rank Sales 2006 Industry Region

Photo© Robert Gallagher

Company Details

Location: San Diego, CA
Founders: Darrius Thompson, 34, Jerome J-P. Vashisht-Rota, 33, Tay Nguyen, 34, Joe Bezdek, 34, R. Jordan Greenhall, 35

Website: www.divx.com

Year Started: May 2000

Initial Investment: $5.6M

Turned a Profit: 2005

2002 Sales: $100K+

2006 Sales: $59.3M

Number of Employees:

Day 1: 6

2006: 258

* Projected by 2008

Company Background

Jordan Greenhall grew DivX, Inc. from a startup with a small group of technologists into a recognized and popular digital media company. Greenhall and his co-founders Joe Bezdek, Tay Nguyen, Jerome Rota and Darrius Thompson established DivX, Inc. with a specific goal in mind: to make media better through the use of technology and community. Since its inception, DivX has been among the world's most popular video technologies and has been downloaded over 220 million times.

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