turntable.fm is a technology company.
turntable.fm has raised $7.0M across 1 funding round.
Key people at turntable.fm.
turntable.fm was founded by Seth Goldstein (Co-Founder and Chairman).
turntable.fm has raised $7.0M in total across 1 funding round.
Key people at turntable.fm.
turntable.fm was founded by Seth Goldstein (Co-Founder and Chairman).
turntable.fm has raised $7.0M in total across 1 funding round.
turntable.fm's investors include 01 Advisors, Accel, Andreessen Horowitz, Benchmark, Bond, Caffeinated Capital, CRV, DFJ, DST Global, Floodgate, Hercules Capital, Insight Partners.
Turntable.fm is a defunct social music platform launched in 2011 that enabled users to create avatars, join virtual DJ rooms, and collaboratively stream music, blending elements of social networking and music discovery. It targeted music fans, DJs, and casual listeners, solving the problem of interactive, community-driven music sharing in an era before widespread mobile streaming dominance. Despite early hype with over 140,000 users in its first month and celebrity backers like Ashton Kutcher and Lady Gaga, it shut down in 2014 due to high licensing costs, user retention issues, and failure to adapt to mobile, pivoting founders to Turntable Live.[2][4][5]
A spiritual successor, Turntable LIVE (turntablelive.com), emerged in 2020 under Joseph Perla—a debated original team member—offering a mobile-first social music service for DJs and artists with licensed music and original avatars. It serves performers and fans seeking live DJ opportunities, addressing monetization gaps via subscriptions and legal streaming, distinct from the original's free model.[1][2]
Turntable.fm was founded in 2011 by Billy Chasen and Seth Goldstein as a web-based social music site where users bounced between avatar-driven rooms for DJ-streamed music. The idea capitalized on viral social features amid Napster-like sharing buzz, exploding to 140k+ users in month one with star investors. Early traction included high-profile DJ rooms hosted by figures like Diplo, Talib Kweli, Mark Zuckerberg, and Sir Mix-A-Lot, but burnout hit as the platform demanded constant engagement—they even launched a sister app, Piki, for casual listening.[2][3][5]
Challenges mounted: licensed music royalties drained funds (tens of thousands monthly), international expansion spiked costs beyond their $7.5M raise, and web-centric design lagged mobile trends. By 2014, declining traffic forced shutdown to preserve capital for Turntable Live, a live events pivot. Drama ensued in 2021 when Perla launched Turntable.org (tt.fm), a near-identical clone with subscriptions; Chasen revived the original Turntable.fm with $7.5M from Andreessen Horowitz, sparking legal battles over trademarks.[2][4][5]
Turntable.fm rode the early 2010s social media wave, merging music discovery with multiplayer gaming-like rooms amid streaming's shift from piracy to licensed services. Timing was pivotal: pre-Spotify dominance and mobile explosion, but licensing hurdles and web-lock exposed vulnerabilities as users fled to apps like SoundCloud.[3][4][5]
It influenced the ecosystem by proving interactive music's appeal—pioneering avatar DJing that echoes in modern platforms like Twitch streams or Discord music bots—while highlighting pitfalls: high royalties and retention burnout slowed rivals' social experiments. Perla's 2020 reboot taps post-pandemic live-streaming surges, aligning with creator economy trends where DJs monetize directly, amid market forces like cheap bandwidth and subscription fatigue favoring niche, legal social audio.[1][2]
Turntable.fm's corpse twice animated—Chasen's 2021 revival and Perla's persistent clones—signals enduring demand for social DJing in a TikTok/Instagram Live world, but legal feuds and monetization woes cap momentum.[2] Next: Chasen's a16z-backed version could integrate AI playlists or VR rooms if courts clear paths; Perla's mobile focus positions it for Twitch rivalries or metaverse tie-ins. Trends like Web3 music NFTs or spatial audio will shape trajectories, potentially evolving these into ecosystem influencers for artist-fan economies—reviving the original's spark if they nail mobile retention and affordable licensing.
turntable.fm has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in September 2011.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2011 | $7.0M Seed | 01 Advisors, Accel, Andreessen Horowitz, Benchmark, Bond, Caffeinated Capital, CRV, DFJ, DST Global, Floodgate, Hercules Capital, Insight Partners, IVP, Khosla Ventures, Kleiner Perkins, Lowercarbon Capital, Prosperity7 Ventures, Sound Ventures, Spark Capital, Sutter Hill Ventures, SV Angel, The Hit Forge, Top Harvest Capital, True Ventures, Union Square Ventures, Upside Partnership, Y Combinator, Elon Musk, George Hoyem, Janis Krums, Joi Ito, Karl Jacob, Roger Ehrenberg, Ron Garret, Sam Altman, Tim Ferriss, Tom McInerney, Troy Carter |