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Forbes Magazine Names YesVideo as One of America's Most Promising Companies(February 27, 2014)
Santa Clara, CA (PRWEB) February 27, 2014
YesVideo, the leading online platform responsible for restoring Americas most precious memories, has recently earned a coveted spot on Forbes Magazines List of Americas Most Promising Companies.
Ranking among the top 100 companies, YesVideo beat out other businesses due to its tremendous growth in recent years, quality of management team and investors, profit margins, market opportunity and existing partnerships.
Helping to connect generations through memory reel by reel, YesVideo is the company trusted by Target, Sam's Club, CVS, and Costco to handle all of their video transfer orders. YesVideo can accept various vintage media formats - VHS, Beta, 8mm/16mm film reels, slides, negatives, photos, etc. Using white-glove treatment and the latest innovations in video technology, the YesVideo team transfers these old videos to DVD and online.
Once the videos/photos are transferred online, family and friends can re-live memories that had long been buried; they can watch them on any Internet-connected computer, tablet, smartphone, or connected TV (like Apple TV or Chromecast).
Forbes reporter J.J. Colao describes the selection process:
Though we prize growth numbers on our Most Promising list, top line doesnt say everything. We want sustainable growth, so we strive to take a holistic gauge of the companies that apply. Over the course of four months we reviewed hundreds of applications from businesses across the country. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. Then we spoke to each company to make sure we didnt miss anything.
Producing a ranking in the opaque world of privately-held companies is never easy. But were confident that many of these are the IPOs and billion-dollar acquisitions of tomorrow.
We are honored to be recognized by Forbes for both our business model and our mission which is to save Americas collective memories so they can be shared with future generations., said YesVideo CEO Michael Chang. Every year, thousands and thousands of videos and photos are destroyed in fires, floods, and other natural disasters. And every day, time takes it toll on our film reels, photos, and VHS and Beta tapes. We are grateful to Forbes for bringing attention to this issue by including YesVideo on the list of Americas Most Promising Companies. Chang believes there is great promise in the area of video technology: As new devices are introduced, there will always be the need for a company to bridge the gap between outdated media and the latest platforms.
More than 7 million families have already used YesVideo to save their home movies, and 125 million minutes of home video memories have been archived in the YesVideo cloud. The company has introduced features to share entire videos and clips via email, Facebook, and Instagram. YesVideo estimates that 1.5 billion videos are waiting in Americas closets, attics and garages where they are literally fading away day by day. YesVideo saves these old memories by transferring them to DVD and online, melding Americas past with its present and future.
With a facility in Norcross, Georgia and headquarters in Santa Clara, California, YesVideo operates completely in the United States.
For more information, visit: http://www.forbes.com/companies/yesvideo/
YesVideo brings back memories.
Stop and picture your favorite family memories. Relive them in your mindthe most special moments of life, experienced with the ones you love. weddings, graduations, birthdays.
But those memories are often being held hostage, with old VHS tapes and film reels collecting dust in closets, attics, basements and garages.
YesVideo can bring back those memories. We turn old family tapes and films into online videos that you can watch and enjoy over and over again on your computer, connected TV, smartphone, or tablet. And, you can also share them by email or on Facebook.
7 million customers have already trusted YesVideo with their favorite video memories. Retailers including Target, Walmart, Sams Club, and Costco rely on YesVideo to handle all of their video transfer needs. And once we put your video memories online, they are safe & secure, for good; we will store your videos online for you, for free, forever.
Read the full story at http://www.prweb.com/releases/2014/02/prweb11620759.htm.