Throwback Thursday: eMusic’s Danny Stein
Founder and Company Bio
Daniel Stein is President of JDS Capital, an investment firm based in New York that invests in private, public and distressed debt and equity. Stein is CEO of Dimensional Associates, the operating company that manages the private equity investments made by JDS. Dimensional owns a variety of digital media assets including eMusic, The Orchard and a music publishing arm that owns over 10,000 songs.
Stein was President of Javu Technologies from 2000-2001. Javu licenses software and services to corporations and online-rich media service providers that store, manage, deliver or repurpose video assets. Prior to joining Javu, Stein was President, Chief Operating Officer and Director of the Wedding List Company from 1999-2000, an Internet company with retail outlets specializing in the wedding gift and registry business. The Wedding List was sold to Martha Stewart/Omnimedia in Spring 2001. In 1994, Stein founded Burly Bear Network, a company providing cable programming and online services to college students. From inception to 1999, Burly Bear became the largest college cable television network and online service, servicing 8 million households throughout the country. Burly Bear was sold in 1997 to Lorne Michaels, owner of Broadway Video and creator and producer of Saturday Night Live. From 1992-1993 Stein worked in the executive-training program at retailer Lechters Housewares.
Daniel Stein graduated from Cornell University.
Daniel Stein outlines personal qualities of entrepreneurs. Do you fit any of these characteristics?
Pursuit of happiness – Are you willing to risk it all by forging your own path to do what makes you happy? Entrepreneurs tend to believe in controlling the outcome of their future, and will do anything to make their vision of success a reality.
Unsatisfied with the status quo – Entrepreneurs are action oriented, constantly looking ways to improve and are always the on the look out to do something never done before. This is when innovation happens.
Optimistic – Most entrepreneurs are not only underdogs in their industries, but they also often start off with limited or no resources and experiences. Persistence and optimism are keys to succeeding as an entrepreneur because you have to work twice as hard as your competitors to stay afloat, and optimism will help you push forward. Creative problem solving will address the lack of resources as you learn to
Flexible – Entrepreneurs embrace change. Adapting to changing trends faster than competitors do will result in an advantage. Be quick to jump on the ball. In order to do that, one must spot the ball first.
See more of Daniel Stein
Throwback Thursday is a weekly column published on every Thursday which features past eClips that deserve another highlight. The eClips collection contains thousands of short video clips that are created from in-depth video interviews or presentations by entrepreneurs, venture capitalists, bankers, angel investors, and employees of start-up companies.