Vinco Ventures
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Vinco Ventures, Inc. (formerly Nasdaq: BBIG) is a Bethlehem, Pennsylvania-based company focused on developing digital media and content technologies. Its assets included ZVV Media Partners, LLC — a joint venture with ZASH Global Media and Entertainment Corporation holding an 80% stake in Lomotif, a TikTok-competing short-video platform — and AdRizer, LLC, an AI-powered programmatic advertising platform acquired in February 2022. The company raised $50 million in funding and was founded on July 18, 2017.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Vinco Ventures was founded on July 18, 2017, focused on digital media and content technologies.
- Media assets
The company built its portfolio around ZVV Media Partners (Lomotif) and acquired AdRizer in February 2022, an AI-driven programmatic advertising platform.
- Turmoil and reverse split
In July 2022 the company disclosed it had thwarted an alleged hostile takeover attempt by a group led by former MoviePass chairman Theodore Farnsworth, whom it had terminated as co-CEO less than 72 hours after his appointment. In May 2023 it announced a reverse stock split to regain compliance with Nasdaq's $1.00 minimum bid price requirement.
- Trading
The stock trades over-the-counter with a market capitalization around $50,000. No published evidence of a shutdown or acquisition was found.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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