Stephan Paternot | |
|---|---|
| Born | (1974-03-21)March 21, 1974 (age 51) |
| Occupation | IT entrepreneur |
| Known for | Co-founder the first social network,theGlobe.com in 1994 |
Stephan Paternot is an American IT entrepreneur, known as a co-founder oftheGlobe.com, the internet's first social network,[1] during thelate nineties dot-com bubble. He went on to become the CEO ofSlated, an onlinecrowdsourcing marketplace for film financing, sales, packaging and development.[2]
Paternot was born in San Francisco, raised in Switzerland, then returned to the U.S. for higher education. In 1994, while a junior atCornell University, he co-founded the first Internet social network site, theglobe.com.
The Globe'sIPO made history when it posted the largest first day gain at that time of any IPO with a 606% increase in price.[3]
Early in his tenure, Paternot became known in popular media as "the CEO in the plastic pants" after he was filmed in a nightclub saying "Got the girl. Got the money. Now I'm ready to live a disgusting, frivolous life."[3] theGlobe.com's stock price collapsed in 1999 as a result of the dot-com bubble and in 2001 Paternot publishedA Very Public Offering: A Rebel's Story of Business Success, Excess, and Reckoning which covered his biography and the history of theGlobe.com[4]
In 2011, Paternot co-founded Slated, a crowdfunding and development website for film projects.[5]
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