Leading Over The Top TV Startup Cheddar Acquired

May 27, 2019

Always bet on Jon Steinberg. That’s one of our core Homebrew beliefs(!), both of us having known Jon since our shared days at Google. Accordingly, we were happy to be supporting investors in Cheddar’s seed round a few years back. The Cheddar team executed wonderfully in building a “next generation” news network and many folks took notice. Altice USA not only took notice, but opened its checkbook and acquired the startup earlier this spring for $200 million. Thank you Jon for including us in your journey and we can’t wait to bet on you again, and again, and again.