KnockaTV
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
KnockaTV was an Israeli 'participatory internet television' startup founded by former ICQ (Mirabilis) employees and led by co-founder and CEO Nir Erlich. It ran a multi-channel internet broadcast network of user-generated content: professional producers packaged top user-voted clips into continuously running live channels with real-time chat, voting and webcams, with users deciding the playlist. It raised $1 million from Israeli VC firm Evergreen Venture Partners in June 2007.
02 / KnockaTV FAILURE REASONS
Failure factors
KnockaTV shut amid unpaid employees seeking liquidation; reporting cites founder–Evergreen investor fallout, delayed product development, and burn rate so high another funding round was needed, after which founders elected to shut the company. Prior TC (13 Feb 2008) cited Globes: 21 employees unpaid in January and ~₪1.2M debt.
burn rate so high an additional funding round was needed; employees unpaid and seeking liquidation.
major fallout between Evergreen Venture Partners and founders; founders elected to shut the company down.
product development may have been seriously delayed before shutdown.
03 / EVENT HISTORY
Events in the structured record
- Founded and launched
KnockaTV (formerly ISeeU) raised $1 million from Evergreen Venture Partners in June 2007 and alpha-launched its internet television network in December 2007.
- Liquidation
The record marks 2008 as a liquidation event for KnockaTV; no independent public record of that liquidation 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
How the factors connect
- 01
KnockaTV launched its participatory internet TV network in December 2007, backed by a $1 million round from Evergreen.
- 02
The record marks 2008 as a liquidation event; no independent public confirmation of the liquidation exists in available press.
- 03
No audited loss figure was disclosed.