Content Monetization
Search documents
After SEC investigation, Curastory founder resigns, hires replacement
Yahoo Finance· 2025-11-20 16:20
Core Viewpoint - The Securities and Exchange Commission (SEC) has accused Curastory of overstating revenue and misrepresenting client numbers, leading to the resignation of founder and CEO Tiffany Kelly and her replacement by Dave Dickman [1][2] Company Overview - Curastory is a content monetization platform founded in 2021, aimed at helping content creators monetize their videos, with approximately 400,000 creators currently using the platform [3] - The platform allows advertisers to purchase in-video ads from creators while providing metrics tracking and video editing support [3] Leadership Changes - Following the SEC settlement, Tiffany Kelly has stepped down as CEO and is replaced by Dave Dickman, who has initiated fundraising, international expansion, and product updates [2] - Kelly remains a major shareholder and advisor but is barred from serving on any board or as an executive for 10 years as part of the settlement [2] Financial Background - Curastory has raised around $3 million from various investors, including Lightspeed's Scout Fund, Feld Ventures, and Mindspring Capital, and has participated in accelerator programs like Techstars and AMEX Ventures' SPARK Program [4] - The company is currently focused on fundraising and improving its financial situation following the leadership transition [5]