What is Shawn Colo's Net Worth?
Shawn Colo, a prominent U.S. media executive, has an impressive net worth of $100 million. He is a Princeton graduate and co-founded Demand Media in 2006, an online media company known for its popular sites like eHow and Cracked. Prior to this, Colo was a principal at Spectrum Equity Investors, working in both Europe and the United States.
Founding Demand Media
In April 2006, Shawn Colo co-founded Demand Media (DMD), a company focused on generating online content to meet measured consumer demand. Demand Media Studios, a division of DMD, specializes in creating content based on forecasted returns on investment.
Role and Contributions
Shawn Colo holds the position of Executive Vice President of Corporate Development at Demand Media. He leads mergers and acquisitions, oversees strategic partnerships, and has been instrumental in acquiring more than 30 websites and technology companies. Additionally, he has completed over $450 million in equity and debt financings for the company.
Past Experience and Board Memberships
Prior to Demand Media, Colo gained significant experience as a principal at Spectrum Equity Investors, a major private equity firm. Beyond his professional ventures, he contributes to the community by serving on the Board of Directors of KCRW, Southern California's leading National Public Radio affiliate. His role at KCRW highlights his influence in promoting new music worldwide.