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Philip Kaplan
Philip Kaplan
from Wikipedia

Philip J. "Pud" Kaplan (born October 30, 1975)[1] is an American entrepreneur and computer programmer who has founded several Internet companies.

Key Information

He created the Fucked Company website in May 2000 and wrote the corresponding book F'd Companies (ISBN 0743228626) in 2002.

He has subsequently created other websites and web-based ventures, including the online advertising market site AdBrite, which he founded in 2004. In June 2009, Kaplan joined Charles River Ventures as an Entrepreneur In Residence.[2]

In July 2011, Kaplan formed ADHD Labs,[3] an incubator for web and iPhone apps.[4] ADHD Labs' company, TinyLetter, was acquired by MailChimp in August 2011.[5] Kaplan later founded Fandalism, a social networking website for musicians in January 2012, which was renamed to DistroKid over a year later in mid 2013 when the service expanded to offer the digital distribution of music.[6][7]

Kaplan obtained his Bachelor of Science in 1997 from the Syracuse University School of Information Studies and delivered the convocation address at the Class of 2014 graduation ceremony.[8]

In 2024, Kaplan gained recognition for building novelty headphones, including pairs with large Helmholtz resonators, dumbbells, and wine corks. His posts went viral on Reddit, and he showcased the headphones at conventions.[9][10]

Kaplan is also a drummer, performing in the band Butchers of the Final Frontier.[11]

He currently resides in San Francisco, California.[12]

References

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from Grokipedia
Philip J. Kaplan, known professionally as "Pud," is an American entrepreneur, computer , and inventor renowned for founding several influential companies during the dot-com era and beyond. Born in 1975, Kaplan gained early prominence in 2000 by launching FuckedCompany.com, a satirical website that chronicled the failures and layoffs of struggling dot-com startups amid the bursting of the bubble; the site quickly became a cultural phenomenon, earning recognition as Yahoo!'s Site of the Year and inspiring his bestselling book F'd Companies: Spectacular Dot-com Flameouts. Following this, he co-founded AdBrite, an network that served millions of ads daily and competed with giants like before its eventual closure in 2013. Kaplan's later ventures include , a short-lived social shopping platform from 2009 that allowed users to publicly share their purchases, and TinyLetter, an email newsletter service he founded and sold to in 2011. His most enduring success came in 2013 with , a music distribution platform that enables independent artists to upload unlimited tracks to streaming services like and for a low annual fee, disrupting traditional distribution models and serving over a million musicians worldwide as of 2024. A Syracuse University alumnus, Kaplan continues to serve as chairman of while pursuing hardware innovation, designing experimental under his brand Pud's Small Batch Headphones, blending his tech expertise with audio engineering to create unconventional, high-fidelity devices.

Early life and education

Early years

Philip J. Kaplan was born on October 30, 1975, in . Kaplan grew up in the Bethesda area and graduated from in 1993.

University studies

Philip Kaplan enrolled at in the early 1990s and graduated in 1997 with a in Information Management and Technology from the School of Information Studies, known as the iSchool. The program provided foundational training in the intersection of technology and business, blending technical skills with management principles to prepare students for emerging digital landscapes. During his studies, Kaplan developed an interest in and information systems, areas central to the IM&T curriculum, which emphasized practical applications in data handling and . His time at the iSchool fostered an entrepreneurial mindset, influenced by the school's innovative environment that encouraged exploration of technologies during the rapid growth of the . In recognition of his post-graduation achievements as a successful tech entrepreneur, Kaplan returned to in 2014 to deliver the convocation address at the iSchool's graduation ceremony on May 10. Selected by university administrators, , and students for his inspirational journey from iSchool to founder of multiple companies, he shared advice with graduates on perseverance, adaptability, and embracing failure in professional pursuits. This appearance highlighted his enduring connection to the institution and served as a success story for current students.

Professional career

Initial ventures

Following his graduation from Syracuse University in 1997 with a B.S. in Information Management and Technology, Philip Kaplan launched into the tech sector with consulting and roles in New York City's burgeoning . From 1997 to 1998, Kaplan served as a Senior Consultant at , a global management and technology consulting firm, where he worked on early technology implementations and advisory projects for clients navigating the internet's expansion. He then advanced to Technical Project Manager at Think New Ideas from 1998 to 1999, a pioneering web agency co-founded by former MTV VJ , focusing on creative digital solutions and client deliverables in the fast-evolving online landscape. In 1999, Kaplan founded PK Interactive, a New York-based firm specializing in , solutions, and back-end software for websites, which he led as president with a lean team of three to five employees serving prominent clients amid the dot-com surge. These roles immersed Kaplan in programming, development, and startup consulting gigs, while he cultivated connections across the national tech ecosystem—including online forums and industry events—during the height of the late-1990s boom, laying groundwork for his subsequent independent ventures.

Fucked Company

Philip Kaplan launched in May 2000 over the weekend, creating a that aggregated news and user-submitted stories about failing dot-com startups during the bursting of the bubble. The site served as a satirical "dot-com ," chronicling layoffs, bankruptcies, and mismanagement with a irreverent tone that resonated amid widespread industry turmoil. Kaplan, known online by his childhood nickname "Pud"—which he reclaimed from early bullies—branded the site around this persona, signing posts and updates as "Pud" to foster a personal, community-driven feel. This approach helped cultivate an engaged audience, with users contributing tips and commentary that amplified the site's raw, unfiltered commentary on corporate failures. The website reached its peak popularity amid the dot-com bust, attracting 4 million unique monthly visitors and earning widespread media attention, including a New York Post profile highlighting its $60,000 monthly revenue from subscriptions. It was named "Site of the Year" by Yahoo! Internet Life in 2000 and recognized by Time as one of the best websites of the year, underscoring its cultural impact as a barometer of the era's economic fallout. In 2002, Kaplan published the book F'd Companies: Spectacular Dot-com Flameouts (ISBN 0743228626), a compilation summarizing over 200 site entries with profiles of failed ventures like and , emphasizing lessons in business missteps such as overexpansion and poor economics. The book extended the site's influence, offering a printed archive of the dot-com excesses for broader readership. Kaplan shut down Fucked Company around 2007 to focus on new ventures, later reflecting that the experience demonstrated the power of virality through niche, and the rapid growth of online communities around shared during economic downturns.

AdBrite

AdBrite was founded in 2002 by Philip Kaplan and Gidon Wise as an online advertising marketplace designed to connect small businesses, advertisers, and website publishers through a self-serve platform. The company initially focused on providing an alternative to dominant players like by offering tools for easy ad creation, placement, and management without requiring sales teams or complex contracts. Key features included a competitive bidding system for ad inventory, performance tracking via detailed analytics on clicks and impressions, and targeting options based on geography, demographics, and keywords, enabling publishers to monetize their sites and advertisers to reach niche audiences efficiently. By the mid-2000s, AdBrite experienced rapid growth, expanding to serve over 70,000 websites and delivering billions of ad impressions monthly, with gross revenues reaching approximately $32 million in 2007. This success was bolstered by venture funding, including $4 million from in 2006 and a total of around $40 million raised by 2013, allowing the platform to evolve into one of the largest independent ad exchanges. Kaplan's prior experience with viral traffic on FuckedCompany informed AdBrite's emphasis on scalable, user-friendly ad tech for smaller entities. However, the company faced intensifying challenges during the , including a 40% staff in October 2008 amid softening demand for display ads, and stiff competition from and emerging exchanges like . AdBrite ultimately shut down in January 2013 after failed acquisition talks, with its assets sold off piecemeal and operations ceasing by month's end. The closure highlighted the consolidating ad tech landscape, where independent players struggled against the scale and data advantages of tech giants like , Yahoo, and Facebook's , underscoring shifts toward and programmatic advertising that favored larger networks. Despite its end, AdBrite's model influenced self-serve ad platforms by prioritizing transparency and accessibility for non-enterprise users during the early boom.

Later companies and acquisitions

In June 2009, Philip Kaplan joined Charles River Ventures as an , where he advised on early-stage investments and incubated ideas for potential portfolio companies. During his tenure, which lasted about six months, Kaplan leveraged his prior experience in to evaluate and support web-based startups. Following his time at Charles River Ventures, Kaplan founded ADHD Labs in 2011 as an incubator focused on rapidly developing and launching web and mobile applications. The lab served as a platform for quick prototyping, allowing Kaplan to experiment with minimal viable products in response to emerging user needs. One of ADHD Labs' early successes was TinyLetter, a minimalist email newsletter service Kaplan launched in November 2010 to provide writers with a simple tool for building and sending newsletters without complex marketing features. Designed for ease of use, it emphasized clean design and direct subscriber communication, attracting over 400,000 users by mid-2011. In August 2011, MailChimp acquired TinyLetter for an undisclosed amount, integrating it into its email marketing ecosystem while preserving its core simplicity. ADHD Labs also produced several short-lived projects that highlighted Kaplan's rapid prototyping philosophy, such as FaqMe, a FAQ-building tool launched in July 2011 to help users create interactive question-and-answer pages for websites. These experiments underscored Kaplan's approach to iterating quickly on ideas, often building functional prototypes in weeks to test market fit before scaling or pivoting.

DistroKid development

Philip Kaplan launched Fandalism in late January 2012 as a social networking platform tailored for musicians, enabling users to create profiles, share photos, , videos, and audio tracks, follow others, and collaborate through features like comments and private messaging. The site, initially invite-only to ensure quality connections, grew rapidly without marketing, reaching over 350,000 registered users by April . In early 2013, Kaplan added a music distribution service called Fandalism Distro to facilitate uploads to major platforms like and , aiming to streamline the process for independent artists. Recognizing the growing demand for distribution over social features, he rebranded and spun it off as the independent company in May 2013, shifting focus to digital music delivery. DistroKid's core innovation was its revenue model of unlimited uploads to streaming services such as , , and for a flat annual fee of $19.99, contrasting with per-release pricing from competitors like and enabling faster distribution—often within 2-4 hours. This approach disrupted the industry by making distribution accessible and cost-effective for emerging artists, allowing them to retain 100% of royalties after platform fees. The platform experienced explosive growth, surpassing 2 million artists and 20 million tracks by , representing about 30% of all new music released globally; as of 2024, it continued to serve over 2 million artists. By , DistroKid's revenue collections approached $400 million, and it had processed over 45 million songs while maintaining a 30-40% in new music distribution. Key milestones included seamless integrations with major streaming services from launch, the introduction of video distribution via DistroVid in , and the 2021 investment from valuing the company at $1.3 billion, which fueled further innovations like AI mastering tools. In January 2024, Kaplan transitioned from CEO to Chairman of the board, with Phil Bauer appointed as President to handle day-to-day . In October 2024, the company laid off 37 unionized employees as part of operational adjustments. In October 2025, launched DistroDirect, a new platform enabling artists to sell merchandise directly to fans, with the company handling production and shipping while artists retain all sales revenue.

Personal life and interests

Musical pursuits

Philip Kaplan developed an interest in drumming during his youth, forming the death metal band Butchers of the Final Frontier—originally known as Nefarious—in high school in Chevy Chase, Maryland, around the early 1990s. The band drew heavy influences from the death metal scene, particularly Suffocation, whose brutal style and technical precision shaped Kaplan's approach to the instrument; he has expressed admiration for similar acts like Deicide and Cannibal Corpse. During this period, Butchers of the Final Frontier achieved modest local success through performances in the Maryland area, though the group disbanded after high school without broader tours or major releases. Kaplan's drumming gained wider recognition in 2005 through a viral video titled "Death Metal Office Drumming," in which he performed an intense cover of Suffocation's "Infecting the Crypts" using office supplies as percussion, amassing over 6 million views on YouTube. This side project highlighted his technical skill and affinity for extreme metal rhythms, blending humor with the genre's aggression. In 2014, Kaplan revived the band for the release of "Mung Party," a thrash-influenced death metal track originally composed in 1992, featuring guest vocals from Suffocation's Frank Mullen and guitar from Guy Marchais. The song was recorded remotely across seven U.S. studios, with Kaplan's drums captured at Fantasy Studios in Berkeley, California, using a DW kit and 22 microphones for a polished, brutal sound; an official music video accompanied the single, directed by Tommy Jones, who had worked with Suffocation. As of 2014, had not reunited for live beyond the original local shows, though Kaplan mentioned potential plans for a one-off reunion gig in , and no further activities have been reported as of 2025. His personal experiences as a performing , including distributing "Mung Party" to platforms like and , underscored the challenges independent artists face in the digital era.

Other hobbies and projects

In 2024, Philip Kaplan began developing a series of novelty headphones under the banner of Pud's Small Batch Headphones, focusing on experimental audio technologies to enhance and . These designs incorporated innovative features such as Helmholtz resonators for bass amplification, multiple drivers, and custom enclosures filled with for acoustic , aiming to address specific audio challenges like low-frequency response and spatial imaging. Kaplan tested prototypes with high-fidelity music, including complex tracks from the band Tool, to evaluate performance in reproducing intricate instrumentation and dynamics. The ' unconventional , often described as Lovecraftian due to elements like horn-like protrusions and industrial fixtures, garnered significant attention after Kaplan shared images and details on online forums. A post in the r/headphones subreddit went viral, sparking discussions and media coverage that highlighted the blend of functionality and eccentricity in his creations, with models like "Ol' Thumpy" praised for delivering exceptional bass without electronic amplification. This buzz extended to audio enthusiast events, such as CanJam 2025, where Kaplan demonstrated several prototypes. The project remains active as of 2025, with handmade products available for purchase. Beyond headphones, Kaplan maintains an interest in personal tech tinkering as a computer , occasionally contributing to small-scale experiments outside his professional ventures, though these remain informal diversions. He resides in , , where the city's vibrant tech and creative ecosystem influences his hobbyist pursuits. Kaplan is also a father, balancing family life with these exploratory projects in the Bay Area.

References

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