Breaking Banks: Keith Teare

Keith Teare

Founder, Tech Crunch / Archimedes Labs

follow me on

Keith Teare is the founder at Archimedes Labs, the Palo Alto based incubator since 2005. He is a British born, Silicon Valley based, entrepreneur who has started or co-founded many startups since the early 1980s. Two achieved valuations of over $1 billion. (a) The EasyNet Group plc: UK. Founded in 1994 as one of the first ISP’s in Europe, Teare was CTO and co-founder. It went public on the AIM exchange in London in 1996 and by 1999-2000 was trading at a valuation of more than $1 billion. In 2007 it was acquired by Rupert Murdoch’s BSkyB, and subsequently spun out as a newly private company. (b) RealNames Corporation, founded in Palo Alto in 1998. Teare was founder and CEO. The company created a multi-lingual web address system, with distinct national namespaces, sitting on top of the DNS. It used natural language keywords, mapped to URI’s to allow native language navigation. Google deployed RealNames as “I feel lucky” - the first paid keyword system in a search engine anywhere. Teare raised more than $130m in venture funding and filed for an IPO (led by Morgan Stanley, with Mary Meeker as lead analyst) in 1999. After negotiating a world-wide agreement to include RealNames in the Microsoft browser in early 2000, the company filed an amended S1, and had an implied valuation of more than $1.5 billion. By 2002 it was responsible for over 1 billion keyword navigations per quarter. it had agreements in Japan, China and Korea and was responsible for supporting the nascent multi-lingual DNS system run by Verisign. In addition to these 2 very large projects Teare is credited with being: • the co-founder of TechCrunch (acquired by AOL in Sept 2010) • the seed funder of NetNames (the world’s first domain name registrar, created by Ivan Pope) • the founder of cScape, a leading UK systems integrator, now called Clerkswell. • the co-founder of CYBERIA, the world’s first Internet Cafe Teare studied for his BA and for an incomplete PhD at the University of Kent in the UK. He is on the US alumni board of the university. He is also a Smithsonian-Computerworld Laureate - honored for his contributions via RealNames. RealNames remains part of the Smithsonian permanent collection. Teare is the writer of “The Easy Net Book”, published by International Tompson in 1996; and “Under Siege”, published by Penguin in 1988.

EPISODE # 173

Dec 15, 2016

Tech Superstars

On today's show, Brett hosts two renown tech stars- Keith Teare, a founding member of Tech Crunch and Archimedes Labs; and Brian Solis, expert in technology and customer behaviors.  … LEARN MORE

Thank you to our sponsors:

© 2019 Breaking Banks