User:Lyprojecta1/sandbox

Matthew C. Diamond
 * text = Matthew C. Diamond was born in 1969.


 * Education
 * text = Matthew Diamond went to school and graduated with an undergraduate degree from University of North Carolina at Chapel Hill in 1991 1. From here, he got a B.A. in International Studies 13. In 1996, he graduated with a MBA from Harvard Business School.


 * Career
 * Early Career
 * text = Prior to founding Alloy, Inc., Matthew Diamond worked in positions in the Finance and Operations department of General Electric in their Tokyo office 11.
 * text = Matthew Diamond founded Alloy, Inc. in 1996 along with James Johnson. Alloy, Inc., also known as Alloy online, functioned as a holding company for the teen magazine/website Alloy. In 1999, Diamond and Johnson would take the company public 11. During his time as CEO of Alloy, Inc. would go on to acquire and spin off various assets such as Delia, CCS.com, and, most well known 17th Street Productions. The latter move would result in the company being renamed Alloy Entertainment.


 * text = Following the acquisition of various digital properties, a separate arm was created that was called Alloy Digital Networks. Originally a public company, Alloy was acquired by ZMC in a move that allowed for Alloy to go private. Following this, Alloy was reincorporated as Alloy Digital in 2011. Within the next two years, under Diamond's leadership, Alloy Digital would acquire Smosh.


 * During his time as CEO, Alloy also supported charitable groups such as the Ad Council and the Lagrant Foundation 12.


 * text = In October 2013, Alloy Digital and Break Media merged to become Defy Media. With this merger, Diamond, formerly the CEO of Alloy Digital, became the CEO of Defy Media 2. The deal was brokered by RBC Capital Markets, and the resulting entity was owned in part by ZMC, ABS Capital Partners, and Lionsgate.


 * text = In 2017, following Andy Signore's firing relating to sexual assault and harassment allegations, Matthew Diamond outlined how Defy Media would update its HR policies 9. Written in response to criticisms of failing to take action and since taken down, Diamond indicated that the company, among other initiatives, was consulting outside human resources consultants to develop new HR policies 9.


 * Defunct
 * text = Prior to its sudden closure, Matthew Diamond refuted rumors that the company was looking for potential buyers 6. In March 2018, when asked about laying off 8% of the company's workforce, Diamond claimed that this was a result of leaving businesses not essential to the business model of Defy Media 7. Around the same time, Diamond claimed that the company had gone on another round of attempting to raise capital in 2017 but pulled back when responses were "We had offers, but we were underwhelmed" 7. These layoffs were first announced internally in February 2018 7.


 * Aftermath
 * text = In one of the lawsuits brought against Defy Media, LLC, Defy Media was determined to have engaged in fraud through Matthew Diamond 5. Other accusations include Diamond improperly receiving a bonus of $1.8 million.


 * Post Defy Media
 * text = In 2019, Diamond registered the trademark for Motom, a social shopping platform. As the founder, he also set up Project Forty Two, LLC for operating this new company 1. It is currently in beta testing 1.


 * Other ventures
 * text = Diamond has been on the board of the controversial DoSomething.org organization since 2003 3, 1. As of the 2021 990 forms, Diamond is acting as the secretary of the group 4. He was honored with their Lifetime Achievement Award in 2006 11. He also has worked with the PENCIL program 12 11.

Matthew Diamond has served on the board of directors for Genesco since 2001 as an independent director 8. Since 2016, Matthew Diamond has served on the board of directors for GoNoodle, a company specializing in digital exercise geared towards students 1, 8. He also acted as an investor in the early stages of Rent the Runway 8. According to a filing of SEC Form D Notice of Exempt Offering of Securities, Matthew Diamond served as a director of Rent the Runway 10. Circa 2015, Matthew Diamond also served as a limited member of the investment firm Steelwood Capital 12. He is also listed as an investor and advisor for Ridgeway Growth Capital 13.

https://www.linkedin.com/in/matt-diamond-b0ba252/ 2 https://www.streamingmedia.com/Articles/News/Online-Video-News/Alloy-and-Break-Merge-Forming-Defy-Media-92515.aspx?utm_source=related_articles&utm_medium=gutenberg&utm_campaign=editors_selection 3 https://www.dosomething.org/us/about/board 4 https://assets.ctfassets.net/81iqaqpfd8fy/4DdmfhPfb9cgTwfwuZ3Mkz/1c4e623e6accae590bccb27d3973c5a1/Do_Something_Inc_2021_990_Public_Disclosure_Copy_-_signed_-_FINAL.pdf 5 https://casetext.com/case/rath-v-defy-media-llc 6 https://digiday.com/future-of-tv/defy-media-youtube-shutdown/ 7 https://variety.com/2018/digital/news/defy-media-ceo-layoffs-shutdown-tactical-businesses-1202721077/ 8 https://www.genesco.com/board-member/matthew-diamond 9 https://variety.com/2017/digital/news/defy-media-reforms-andy-signore-fired-sexual-misconduct-1202601273/ 10 https://investors.renttherunway.com/node/6531/html 11 https://web.archive.org/web/20180828134453/http://www.defymedia.com/who-we-are/ 12 http://www.steelwoodcapital.com/matt-diamond.html 13 https://ridgewaygrowthcapital.com/investors-advisers/
 * Reference