In 2020-2022, Black Legend Capital acted as a consulting advisor to YipTV, a premium video streaming platform with a payment and subscription patent, and a fintech media reconciliation patent. The company is the only Hispanic focused OTT (Over-The-Top) company that built a patented cloud-based platform with live TV, VOD, and radio content integrated into one service app. The company achieved the unicorn status in 2021 and is working closely together with Black Legend Capital and other institutional advisors to undertake an IPO and list on the NYSE. Black Legend Capital advises the company on capital structure and business development. The company recently targeted one of the largest multicultural audio platforms in the U.S. and planned to merge with an additional company to create a Hispanic-focused ecosystem, tailored to meet all media, communications and payment needs of the target demographics on one central platform.
The CEO Michael Tribolet was the president and co-founder of Vonage and helped grow the company from $0 to $1.1B in revenues and customers from 0 to 3M.