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May 2, 2017

Jeff Binder (@JeffBinder) is the co-founder and Chief Executive Officer of Layer3 TV, a next generation cable company, founded in 2013.

Most recently Jeff was a general partner at Genovation Capital, a stage-agnostic private equity and venture group focused on Technology, Media and Telecom. In addition, Jeff served as an advisor to TPG and Silver Lake, two of the most respected names in private equity.  Prior to Genovation, Jeff led Broadbus Technologies as its founding CEO, pioneering the concept of television on-demand to become the leading supplier of cable industry on-demand video streams. In 2006, within four years of its first institutional round of financing, Motorola purchased Broadbus for $200 million and Jeff joined the company as a senior executive of M&A/Strategy and GM On-Demand Solutions. In addition to day-to-day operations, Jeff spearheaded several key initiatives within the office of the CEO including the first smart phone eco-system, code named Photon.

As Chairman and CEO, Jeff led the Leading Golf Companies from 1996-2000, then the largest marketing and technology network of high-end golf courses in North America including Pebble Beach, the TPC Courses, Blackwolf Run and Pinehurst. LGC operated the largest US golf affinity travel program in partnership with American Airlines, US Airways, Northwest and a joint venture with Jack Nicklaus. Prior to LGC, Jeff was founding CEO of Nanosoft, a leading digital design and development firm with offices in Chicago, Seattle and Beijing. Jeff’s first entrepreneurial venture was Magic Music, which pioneered memory based technology and supplied digital duplication systems accounting for more than 30% of the world’s digital audio cassette production with systems in 15 countries on five continents.  
Jeff has been named a Next Generation Leader by MultiChannel News, a Top 100 Heavy Hitters by CableFax and 40 under 40 by the Boston Business Journal.  A graduate of Harvard University, Jeff studied Government and Environmental Science.

Jeff Binder is the co-founder and Chief Executive Officer of Layer3 TV, a next generation cable company, founded in 2013.

Most recently Jeff was a general partner at Genovation Capital, a stage-agnostic private equity and venture group focused on Technology, Media and Telecom. In addition, Jeff served as an advisor to TPG and Silver Lake, two of the most respected names in private equity.  Prior to Genovation, Jeff led Broadbus Technologies as its founding CEO, pioneering the concept of television on-demand to become the leading supplier of cable industry on-demand video streams. In 2006, within four years of its first institutional round of financing, Motorola purchased Broadbus for $200 million and Jeff joined the company as a senior executive of M&A/Strategy and GM On-Demand Solutions. In addition to day-to-day operations, Jeff spearheaded several key initiatives within the office of the CEO including the first smart phone eco-system, code named Photon.

As Chairman and CEO, Jeff led the Leading Golf Companies from 1996-2000, then the largest marketing and technology network of high-end golf courses in North America including Pebble Beach, the TPC Courses, Blackwolf Run and Pinehurst. LGC operated the largest US golf affinity travel program in partnership with American Airlines, US Airways, Northwest and a joint venture with Jack Nicklaus. Prior to LGC, Jeff was founding CEO of Nanosoft, a leading digital design and development firm with offices in Chicago, Seattle and Beijing. Jeff’s first entrepreneurial venture was Magic Music, which pioneered memory based technology and supplied digital duplication systems accounting for more than 30% of the world’s digital audio cassette production with systems in 15 countries on five continents.
Jeff has been named a Next Generation Leader by MultiChannel News, a Top 100 Heavy Hitters by CableFax and 40 under 40 by the Boston Business Journal.  A graduate of Harvard University, Jeff studied Government and Environmental Science.

In this episode, we discussed:

  • the businesses case for a new cable TV provider.
  • how Layer3 TV distinguishes itself from traditional cable providers.
  • the current regulatory environment from the perspective of new entrants to the cable marketplace.

Resources:

Layer3 TV--The New Cable

Wisdom from the Robbert Barrons: Enduring Business Lessons from Rockefeller, Morgan, and the First Industrialists by George David Smith and Frederick Dalzell

NEWS ROUNDUP

The FCC's 2015 net neutrality rules are now in the hands of the Republican majority at the FCC. The DC Circuit upheld the rules on Monday by declining to review the 3-judge panel that found that the FCC's net neutrality rules are legally sound. This opens the door for a possible Supreme Court appeal. However, as policy expert Gigi Sohn noted in a tweet, the Supreme Court is unlikely to hear the case since the FCC has its own plans. FCC Chairman Ajit Pai announced last week  that the FCC would vote on a proposal at the May Open Meeting to reverse the Obama-era net neutrality rules. The announcement has been met with resistance from Democrats as well as public interest advocates who say undoing the net neutrality rules would favor a handful of large internet service providers at the expense of everyone else. Conservatives see the net neutrality rules--which classified broadband internet service providers as so-called common carriers, thus bringing them under the FCC's jurisdiction--as a power grab over the internet orchestrated by Democrats who were more aligned with internet-based content producers such as Netflix.  Harper Neidig reports in the Hill.


In a victory for Hollywood and other holders of large copyrights, the House passed a bill that would make the Register of Copyrights a presidential appointment, rather than someone who is appointed by the Librarian of Congress. The bill comes after current Librarian of Congress Carla Hayden, who was appointed by Obama, demoted the Register of Copyrights--Maria Pallante--who was seen as someone who sided with large content companies. The bill passed the House on a vote of 378-48.


In an attempt to bury fake news, Google has rewritten its search algorithm. The 10,000+ Google staffers who rate content will now begin to flag, inappropriate, misleading, false and low quality content.


A new Verizon report has found an uptick in cyber breaches that appear to be related to espionage. Of the 2,000 breaches Verizon found, 300 were tied to espionage. Morgan Chalfant has more in the Hill.


Facebook reported a 9 percent increase in government data requests in the second half of 2016 compared to the first half of that year. About half of the data requests by U.S. government officials included a non-disclosure agreement requiring Facebook to refrain from telling its users that the government requested information about them. Sarah Perez has the story in TechCrunch.


Finally, a federal judge in New York has cleared the way for the NYPD to use police body cameras. Public interest lawyers had attempted to prevent the roll-out of the body cams. Ashley Southall at The New York Times reports that one group -- the Center for Constitutional Rights -- had argued that the draft policy was too unclear as to how the NYPD planned to use, retrieve and store the footage obtained from the body cams.