Entrepreneur Magazine's Hot 500
DivX Inc.
Video Stars
A little teamwork and a lot of vision have taken an online media company to the top of our list.
By Amanda C. Kooser Digital media--digital video in particular--is a hot topic these days. Digital media products and services company DivX Inc. was well ahead of the curve when it launched in San Diego in 2000. But getting off the ground took the combined talents of five co-founders--Jordan Greenhall, 35; Joe Bezdek, 34; Jerome Vashisht-Rota, 33; Darrius Thompson, 34 and Tay Nguyen, 34. "Jordan was the driving force at the very beginning," says Bezdek. "He had the vision; he had the idea and brought the people together."
Bezdek attributes the company's fast growth--it has doubled its number of employees and more than tripled its sales since 2004--to a strong team and successful expansion beyond its core software and online community market. And although sales have reached almost $60 million, "we still really think of ourselves with a startup mentality," Bezdek says. "We try to encourage innovation, creativity and an open approach." And he expects the company's exponential growth to continue: "Our eyes are on even bigger things. We want to approach the content market and try to transform the entire way that media works."
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