Convio: Difference between revisions

Content deleted Content added

Inline

Revision as of 17:27, 20 May 2010

Convio (NASDAQ:CNVO)^[1] is a software company based in Austin, Texas in the USA, with offices in Washington, DC and Berkeley, CA. Convio provides internet marketing and business management applications tailored specifically for non-profit organizations, and virtually all of its customers are charities, educational establishments, and political advocacy groups.

Early History

Convio was founded in 1999 by Vinay Bhagat and David Crooke, using venture capital funding led by Austin Ventures^[2]. The inspiration for the company was the inefficient pen and paper administration of telethons then used by PBS and NPR stations to raise funds from the public.^[3]

Convio was one of the first companies to deliver its products via a purely hosted model, now known as "Software as a Service" (SaaS). Customers of SaaS companies do not receive copies of the software to run on their own computers, but instead access the software over the Internet using a web browser.

Convio had its IPO on April 29, 2010 on the NASDAQ.^[4]^[5]

Controversy

From 2005-2007, Convio was the target of a vitriolic^[6] (and often inaccurate^[7]) campaign led by the famous left-wing political bloggers John Aravosis and Markos Moulitsas on their respective blogs Americablog and Dailykos because of the company's politically neutral "first amendment" stance in serving clients with views ranging all across the political spectrum.^[8]

After learning more about the company, including the fact that it was one of the first employers in Texas to offer health-care benefits to unmarried domestic partners of homosexual and heterosexual employees alike, both bloggers softened their stance considerably, and the Dailykos blog now routinely links to political advocacy campaigns powered by Convio's software.^[9]

References

^ http://finance.yahoo.com/q?s=cnvo
^ http://austinventures.com/portfolio/portfolio.asp?id=27&mode=1#co27
^ http://www.msnbc.msn.com/id/9967767/ns/business-small_business/page/3/
^ http://dealbook.blogs.nytimes.com/2010/01/26/convio-gives-ipo-another-try/
^ http://www.reuters.com/article/idUSTRE63S3XF20100429
^ http://www.dailykos.com/story/2005/6/3/174432/0498
^ http://www.americablog.com/2005/06/big-lefty-consulting-firm-convio.html ... Convio is not a consulting firm, is not based in DC, and is not left wing
^ http://www.convio.com/convio/policies/#Client_Engagement_Principles
^ http://www.dailykos.com/story/2010/3/5/843276/-Haiti:-Non-random-Acts-of-Kindness (random sample link, Mar 5 2010)

External links

Convio corporate website

[1] ttp://finance.yahoo.com/q?s=cnvo

[2] ttp://austinventures.com/portfolio/portfolio.asp?id=27&mode=1#co27

[3] ttp://www.msnbc.msn.com/id/9967767/ns/business-small_business/page/3/

[4] ttp://dealbook.blogs.nytimes.com/2010/01/26/convio-gives-ipo-another-try/

[5] ttp://www.reuters.com/article/idUSTRE63S3XF20100429

[6] ttp://www.dailykos.com/story/2005/6/3/174432/0498

[7] ttp://www.americablog.com/2005/06/big-lefty-consulting-firm-convio.html ... Convio is not a consulting firm, is not based in DC, and is not left wing

[8] ttp://www.convio.com/convio/policies/#Client_Engagement_Principles

[9] ttp://www.dailykos.com/story/2010/3/5/843276/-Haiti:-Non-random-Acts-of-Kindness (random sample link, Mar 5 2010)

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

@@ Line 3: / Line 3: @@
 == Early History ==
-Convio was founded in 1999 by Vinay Bhagat and David Crooke, using venture capital funding led by Austin Ventures. The inspiration for the company was the inefficient pen and paper administration of telethons then used by PBS and NPR stations to raise funds from the public.<ref>http://www.msnbc.msn.com/id/9967767/ns/business-small_business/page/3/</ref>
+Convio was founded in 1999 by Vinay Bhagat and David Crooke, using venture capital funding led by Austin Ventures<ref>http://austinventures.com/portfolio/portfolio.asp?id=27&mode=1#co27</ref>. The inspiration for the company was the inefficient pen and paper administration of telethons then used by PBS and NPR stations to raise funds from the public.<ref>http://www.msnbc.msn.com/id/9967767/ns/business-small_business/page/3/</ref>
 Convio was one of the first companies to deliver its products via a purely hosted model, now known as "[[Software as a Service]]" (SaaS). Customers of SaaS companies do not receive copies of the software to run on their own computers, but instead access the software over the [[Internet]] using a [[web browser]].