Thursday, June 07, 2007

VC Rating: Scribd tries to live up to YouTube comparison

Company: Scribd Description: Online document storage and sharing Competitors: eClips Location: San Francisco Amount Raised: $3.5 million Round: First Date Announced: 6/5/07 VC Firms: Redpoint Ventures, Kinsey Hills Group VC Directors: N/A Quick Take: Founded last summer with $12,000 and launched in December with another $40,000, Scribd took a big step up with its recent $3.5 million first round funding at a reported post-money valuation of $17.5 million. Aside from that lofty valuation, Scribd is being called the 'YouTube of Documents.' They prefer to refer to themselves as the 'World's Largest Open Document Library'. Sounds similar to Google's mission. Whatever the tagline, Scribd has big expectations to live up to. It can meet them if it can extend its first mover advantage as the biggest document storing and sharing service online. Monetization is a dream. The trick will be to convince more people to participate.

Technology (1 out of 10): 5 Market: 8 Management: 3 Chances for IPO: 3 Overall VC Rating: 7

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MyLifeBrand Aggregates Social Networking Sites

mylifebrand.jpgMyLifeBrand is a service that lets user’s aggregate social networking memberships and navigate between them from the one place.

MyLifeBrand supports Friendster, LinkedIn, Bebo, Facebook, H15, Orkut, MySpace, and TagWorld among others and is working on support for a number of niche social networks including Angling Masters, Navy Seals and Drunk Duck.

Users are also able to add their contacts from external networks to their MyLifeBrand friends list creating a master friends list.

The difficulty in managing multiple social networks is real and any heavy Web 2.0 site user will understand the problem. We covered Spokeo in November 06 and a number of similar services since.

MyLifeBrand gives social networking aggregation a decent shot, however presenting external sites in a frame doesn’t work for me (see screenshot).

The introduction of the Facebook’s F8 platform shows the real direction in this space. Facebook allows external sites and services to be integrated directly into Facebook and not through frames as with MyLifeBrand, delivering a far superior user experience. This is not to say that MyLifeBrand won’t be able to find a user base, it’s just that they are probably 12 months too late in releasing, and 6-12 months behind in delivery and integration to become a major player. The long tail is long and there is always room for new comers, so I do wish them luck; competing against Facebook will be a challenge.

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Incuby: Social Networking For Inventions

incuby.jpgSan Antonio, Texas based Incuby is aiming to build a community where inventors can display inventions to the general public, entrepreneurs and investors.

In developing the site, the team behind Incuby have toured the United States meeting with different inventor groups. They found that inventors are tired of the high costs associated with travelling and presenting at trade shows and are ready for “a place of their own on the web”.

The site is still in development and will move to a closed beta test in the coming weeks with a broad number of inventors already signed up to test the site.

The focus is creating an environment where inventors can coexist and communicate online with each other, while presenting their innovations. Through ecommerce enabled profiles, each inventor will be able to manage their product’s sales while adhering to a customer feedback system that is similar to eBay.

Shopping inventions does share similarities with the financing and development path of Web 2.0 startups. In truth the only real differences are tangible vs intangible IP and that tangible invention patents and trademarks prevent the same ideas being copied over and over again like they are in Web 2.0, for example with social bookmarking sites and Digg clones.

Sometimes it’s the simplest ideas that work best. Incuby is a simple yet solid idea that has the potential of going far. If I was an inventor myself, I’d be signing up as soon as it launched.

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Intel talks up 3-Series chipset, Core 2 Extreme CPU for laptops

Shortly after revealing that a quad-core laptop chip was indeed in Intel's pipeline for 2008, the firm has decided to go public with even more laptop-based processor details over at Computex. Intel's executive vice president Sean Maloney had the honors of "unveiling" the 3-Series chipset family (formerly known as Bearlake), which will of course support DDR3 RAM, PCI Express 2.0, HDMI, and can come stocked with G33 / G35 Express integrated graphics. More importantly, the outfit formally introduced plans for an Intel Core 2 Extreme mobile processor that should be released in Q3 of this year. According to Mr. Maloney, the chip is targeted to be the company's "highest-performing mobile dual-core processor that still includes energy-saving power features for laptop designs." No word just yet on whether or not this CPU will cost more than the rest of your laptop components combined (but we wouldn't be surprised). [Via Laptoping]

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Philips unveils SPC620, SPC1000, and SPC1300 webcams at Computex

While we thought we'd already seen the crown jewel of webcams before, Philips apparently thinks otherwise, as it boasts quite heavily about its new trio of display-mountable cams that were unveiled at Computex. All three devices support background customization and emoticon integration, wide-angle lenses, and face-tracking capabilities. The SPC620 holds down the low-end with a vanilla VGA CMOS sensor and will run you €49.90 ($67), while the SPC1000 includes a directional microphone and noise reduction filter, two-megapixel sensor, and a 5x digital zoom for the very same price. The €99.90 ($135) SPC1300 features Pixel Plus 2 technology seen in the company's Flat TVs, a six-megapixel sensor, audio beaming system, twin directional microphones, and Digital Natural Motion technology that purportedly nixes any frame rate flickers when video chatting. All three webcams should hit shelves in Europe, America, and Asia this August. [Via TechDigest]

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