Tom Freston – Startup Investor Profile

Tom Freston is a principal of Firefly3 LLC, an investment and consultancy firm focusing on the media and entertainment industries. The company has made investments in media-related startups, with a known investment in Veoh. Tom Freston’s investment thesis includes being a creator of premiere global entertainment brands, clear leadership in cable networks worldwide, leverage of digital platforms, and strong EPS and free cash flow generation. The key operating philosophies include a culture of creativity and innovation, obsessive consumer focus, and extending demographic positions into new markets and platforms. The only known investment made by Firefly3 LLC is in Veoh, with a funding round of $26,000,000. Tom Freston’s investment check size is not specifically mentioned, but the investment in Veoh was part of a fundraising totaling somewhere between $50 million and $100 million.

Location: New York, NY

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Search results show Tom Freston’s investment in Veoh via Firefly3 occurred in September 2007 (Series C round closed August/September 2007). The startup invested was Veoh. Calculating from that date to the reference point shows the last known investment was many years ago, well beyond 12 months. Therefore the correct classification is low-active.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.