This Adtech Startup Just Hired Microsoft's First-Ever Employee
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Marc McDonald, the first-ever salaried employee of Microsoft, hired in 1976, has joined adtech startup PaperG.
PaperG runs an ad platform that allows any business, large or small, to automate the creation of an online ad campaign in seconds. Rather than employing an ad agency or designer to create a set of ads, PaperG's system just pulls in a bunch of visual assets from the web and assembles the whole thing automatically, depending on what instructions you give it.
McDonald worked for Microsoft from 1976 to 1984, when he left the company because it became "too big," legend has it. He went back to Microsoft in 2000 when Microsoft acquired Design Intelligence, a company where he worked on adaptive layout technology.
At the time, Microsoft's HR department tried to assign him the employee number "1," but the system would not allow it. So he wore an employee badge with all the digits scratched off except 1, he once told tech blogger Robert Scoble.
“PaperG reminds me of one of the startups I most enjoyed working at, Design Intelligence where we worked on dynamic document templates that adjust to media and content,” McDonald told Business Insider in a statement.
PaperG has 56 employees in San Francisco and Seattle, more than double from the beginning of the year, we're told. The company opened its office in Seattle specifically to recruit talent bailing out of Microsoft's adtech divisions.
PaperG wants to expand into providing "native" ad formats for Yahoo, Facebook, and Twitter, in addition to the standard desktop and mobile display ads the company already makes.
Led by CEO Victor Wong, president Roger Lee and CTO Victor Cheng, the company has taken a total of $2.7 million in venture capital funding. It has "8-figures in annual revenue," we're told.
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Jim is the former editor-in-chief of Insider's news division.Previously he was the founding editor of Business Insider UK.He has also been managing editor at Adweek, an advertising columnist at CBS Interactive, and a Knight-Bagehot Fellow at Columbia Business School. His work has appeared in Slate, Salon, The Independent, MTV, The Nation and AOL.His investigative journalism changed the law in the US First Circuit Court of Appeals (U.S. v. Kravetz), the Third Circuit Court of Appeals (North Jersey Media v. Ashcroft), New Jersey (In Re El-Atriss), and New York State (Mosallem v. Berenson).The US Supreme Court cited his work on the death penalty in the concurrence to Baze v. Rees, on the issue of whether lethal injection is cruel or unusual.He won the Neal award for business journalism in 2005 for a series investigating bribes and kickbacks in the advertising business.Here's a selection of his past stories: • The alleged betrayal in these photos, texts, and emails cost Snapchat $158 million • Inside the conspiracy that forced Dov Charney out of American Apparel • The Evolution of Ev: The creator of Twitter, Blogger, and Medium has a plan to fix the mess he made of the internet • THE "KNOCK-IN SHORT": Nigel Farage and the massive bet against the pound on the night of the Brexit vote • eBay worked with the FBI to put its top affiliate marketer in prison • How Dunkin Donuts ended up hiring a psychotic credit card thief as director of communications • BEJEWELED: The definitive, illustrated history of the most underrated game ever • The CEO of Publicis told us how he stared down a furious internal rebellion to bet the future of his $11 billion company on artificial intelligence • FBX: The billion-dollar Facebook business that never happened • The €150 million check-kiting scam that bankrupted Leo Burnett in Greece • My Polaroids of the September 11 attacks led me into America's secret court system for terrorist suspects • YouTube deleted 130 rap videos to help police fight street gangs responsible for thousands of stabbingsDisclosure: I own shares of Twitter (TWTR).
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