
The current market gyrations have investors running everywhere seeking advice. What better time to launch a newswire culled from the latest posts of financial bloggers? That’s the idea behind Wikinvest Wire, which has just been launched by the user-edited investment site Wikinvest. Except that it is not really a newswire in the traditional sense. It is more like a contextual recommendation system for the blogs invited to participate.
Wikinvest Wire is starting off with 100 financial blogs, including Confused Capitalist, Money Morning, College Analysts, The Mess That Greenspan Made, Financial Armageddon, and Old School Value. All told the blogs attract about one million unique visitors a month. Wikinvest is also in the process of syndicating the Wikinvest Wire to mainstream media sites, where links will appear on their stock pages. Wikinvest Wire is invite-only, but interested bloggers can apply.

The Wire will exist primarily on the participating blogs themselves, on Wikinvest topic pages, and on the yet-to-be-named media sites. For each of the 100 financial blogs, at the end of each post three links will appear to posts from other blogs in the network discussing the same stock or financial topic (such as “Google (GOOG),” “bailout,” or “credit default swaps”). The contextual links will also appear on relevant pages on Wikinvest and other stock and financial sites. (See screenshot). In this sense, it is similar to contextual recommendation systems like Sphere, OutBrain, or BlogRovr, which all append recommended links at the end of blog posts or news articles using a variety of methods.
Nevertheless, Wikinvest co-founder Parker Conrad positions Wikinvest Wire as really taking on SeekingAlpha, an investing news site that republishes posts from select blogs and media outlets (including TechCrunch). Conrad argues:
This launch puts us directly in competition with a larger site—SeekingAlpha.com—in that both SeekingAlpha and the Wire are syndication platforms for investing bloggers. However, there are some important distinctions:
SeekingAlpha requires a blogger to give up their content to SeekingAlpha. The bloggers’ articles are published on SeekingAlpha, and SeekingAlpha distributes links to content on their site to their partners, such as Yahoo Finance. Investing bloggers use SeekingAlpha, grudgingly, because it increases their traffic marginally. But they also hate SeekingAlpha—because 99% of the traffic to their posts actually goes to SeekingAlpha. Selling ads against the bloggers’ content is, after all, SeekingAlpha’s business model. But you can see why that might chafe . . .
Wikinvest, however, does not require bloggers to host their content on our site—and all links, from media partners, wikinvest.com, and other bloggers, go directly to the blogger’s own site. What we get out of it are links back to Wikinvest which are included in the Wire.
There’s also another big difference Conrad forgot to mention. SeekingAlpha is an actual site where readers can go and see all of the posts it hand-picks in one place. There is no one place you can go to see all the posts included in the Wikinvest Wire. The links are generated algorithmically and distributed piecemeal all over the Web. There is not even an RSS feed that pulls all the 100 financial blogs that make up the Wikinvest Wire together. (Although, you can get an RSS feed for any Wikinvest topic page, which will include Wikinvest Wire posts for that topic).
All of this is by design, as Conrad explains above, to generate more traffic for the participating blogs. But it’s not really a wire unless there is one place you can go to see all the posts popping up as they go live. So I’m not sure SeekingAlpha has too much to worry about.
Nevertheless, the addition of relevant financial blog posts to each page on Wikinvest should help to make it an even more useful site than it is today. If you are trying to figure out what to do with your stock portfolio, it is worth checking out for the comprehensiveness of the data and collection of arguments from both bulls and bears on each stock. They also have great charts that anyone can annotate (I’ve embedded one below).
Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.

Want to follow every Tweet, blog post, YouTube video and Flickr photo put out by the Obama or McCain camps? Now you can follow the campaigns in a handy Dipity Election Center timeline. Using its latest Dipity 2.0 timeline mashup, the Election Center places each entry on a timeline that you can scroll through. Click on an entry, and a box opens to show you more detailed information. You can also leave a comment.
Each timeline can be embedded as a widget anywhere on the Web. And you can see everyone’s comments from any widget. The idea is that Obama supporters will put the Obama widget on their MySpace page or blog and that McCain supporters will do the same on theirs. I’ve embedded both widgets below. You can see by the larger number of entries for the Obama campaign that it is making better use of social media to get its message out. (At least that was the case when I looked at the timelines—see screenshot).
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.

As Research in Motion prepares to open its Blackberry Application Center to answer the iPhone’s App Store, an unaffiliated startup called the BerryStore has already launched a competing app store for Blackberry Apps. What makes it better than the official BlackBerry App Center (besides the name), is that apps in the BerryStore work across both old and new BlackBerries alike (not just the upcoming BlackBerry Storm), and across carriers. The BlackBerry App center, in contrast, is designed to be a carrier-specific store, with different apps for different carriers.
AYou can download the BerryStore as an app itself by visiting www.berrystore.com on your BlackBerry. (The App Center will require users to download apps through their Blackberry browsers, which is not the best experience). Already there are about 40 apps in the store, ranging from Loopt, 3Jam, and TwitterBerry to Obopay, Citysense, and Google Mobile. All of them are currently free, although the company plans on offering paid apps in the future. Developers can get more details about how to submit apps or the BerryStore here.
Below is a list of each app currently in the BerryStore with a short description:
Books & Reference
NeoReader: Turns your Blackberry into a barcode scanner.
Blackberry Wiki: Wikipedia reader.
Beyond411: Yellow pages, maps, and directions.
MobipocketReader: Mobile e-reader.
Business & Finance
Obopay: P2P payments.
Bank of America: Manage your dwindling bank account.
NyTimes DealBook: A bookmark icon to the popular blog.
E-Trade Mobile Pro: Manage your dwindling stock portfolio.
Lifestyle
Google Mobile: Search, Maps, Gmail.
Opera: Opera Mini Web browser.
Zumobi:Mobile widgets.
Google Mail: As in Gmail.
Poynt: Local search.
Maufait InstaFind: Al-in-one 411, flight tracker, movie showtimes, stock quotes, weather, news.
Puretracks:Mobile music store.
Tellme: Voice-enabled GPS info.
reQall: Voice-to-text recorder, to-do list, and idea manager.
Nobex Radio Companion: Shows you the name of the songs playing on the radio.
News & Weather
Viigo: News, sports, entertainment, weather, stock and traffic alerts.
New York Times: Bookmark icon.
ABC News: Bookmark icon.
The Washington Post: Bookmark icon.
CNBC Mobile: Bookmark icon.
USA Today: Bookmark icon.
Slate: Bookmark icon.
PinStack.com: Forums
Social Networking
TwitterBerry: Mobile Twitter client that avoids SMS charges.
3jam: Group text messages.
eBuddy: Instant messaging app
Dexrex: Archives your text messages.
Pinger: Voice IM.
Sports
Sports Illustrated: Bookmark icon.
ESPN Mobile: Bookmark icon.
Travel & Navigation
Google Maps: What it sounds like.
GPSed: Map your GPS tracks, save them, and share them. Also geotags your photos.
Citysense: Live hotspot tracking.
WorldMate Live: A personal digital assistant for travelers
Utilities
Box.net: Access and share files on your BB.
AutoLock: Locks the keyboard.
MidpSSH: Connect to remote servers.
MiniMoni: Monitor IP traffic.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
A month ago, I wrote about a company called TwittAd that lets you auction off ads on your Twitter page. Now, the company is sponsoring WhatsYourTweetWorth?, a vanity site where you enter your Twitter name, and it tells you how much your Tweets are worth based on how many followers you have. (Try it later, the site is down—probably being overwhelmed by people who are already Twittering about it). Before it went down, it said that TechCrunch, which has 26,361 followers, is worth $503 per month. Except that, it isn’t.
As I noted in my post on TwittAd:
The problem with placing ads on your Twitter page, though, is that ultimately you may just be advertising to yourself. I rarely go to the Twitter pages of people I follow. Their Tweets appear on my Twitter page (and my FriendFeed page, and my Thwirl client, and my Twinkle app on my iPhone). That’s why I follow people, so I can get their Tweets pushed to me. The only way ads are going to work on Twitter is if they are blended into the message stream and sent out as Tweets. But that would be annoying.
I’m sure that’s not going to stop everyone from a Twitter account checking ou thow much they are worth. Here’s a money-making idea TwittAd: Forget about trying to sell ads on Twitter pages, and put ads on WhatsYourTweetWorth instead. (Assuming they can get it to work again).
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.

Trion World Network, an online games developer, announced today that it raised $70 million in Series C funding. Peacock Equity, the joint venture between GE Commercial Finance’s Media, Communications & Entertainment business and NBC Universal, which was a B-round investor, was one of the investors in the company’s C round, but it was led by “a large global financial institution” and Act II Capital.
The fact that Trion was able to raise $70 million speaks to the popularity of gaming, which is quickly becoming a real competitor to Hollywood. But what sets Trion apart is that all its games are server-based. In other words, all the gameplay, characters, and interactions between players are kept on Trion’s servers, which allows the company to remodel less-played portions of the game or add more content on-the-fly. Consumers who want to play the company’s games need a few simple downloads to get the company’s games running on their computers.
Speaking of games, Trion is currently working on its first MMORPG with NBC Universal’s Sci-Fi channel. It’s also developing a fantasy MMORPG with well-known game designer, Jon Van Caneghem. The company didn’t offer any more details about storyline or availability, but if investors are willing to spend $70 million on the hopeful success of two games, they obviously think Trion is on to something with the titles.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
A few select partner sites are beginning to roll out their integration with Facebook’s ID system through Facebook Connect. Last week, a CBS site was the first one to do so, and more are expected to go live soon. Digg will be one of them. (Other announced partners include Six Apart, ABC, CBS, Hulu, Kongregate, Loopt, Plaxo, Seesmic, StumbleUpon, Twitter, Vimeo, and Xobni). During a speech at the Web 2.0 Expo last week (video embedded below), Digg CEO Jay Adelson hinted at how Facebook Connect could help the social news site take “the next step of collaborative filtering” and how it is tied to the “future of Digg.”
At the most basic level, Facebook Connect will let you sign into Digg and all of these other partner Websites with nothing more than your Facebook username and password. Facebook wants to become the universal ID on the Web, and any progress it makes on that front would be a big deal in its own right. But Facebook Connect goes well beyond an ID management system. Partners can tap into all sorts of social data people put into their Facebook profiles, and actions on partner sites can be reflected back on your Facebook News Feed in a Beacon-like manner.
For Digg, Facebook Connect will help it personalize the headlines it shows to each member. During his presentation at Web 2.0 Expo, Adelson said:
We are about to add like 90 million registered Facebook users to Digg. How can I take that so your Frontpage experience is particular to you?
Adelson’s speech was about collaborative filtering and how the general, zeitgeist-type of collaborative filtering that Digg does already is merging with the more personal filtering that occurs on your activity stream in Facebook and elsewhere. He believes that the combination of the two will be particularly powerful:
It is the next step of collaborative filtering. It is the idea that instead of looking at a social network that you’ve created yourself, that you’ve entered in the names, I am going to look at all of you, everyone, and I’m going to compare you all together. I am going to find people like you and I am going to use that collective wisdom to find things that are more specifically interesting to you.
. . . When I think about the future of Digg. We have 16,000 submissions a day to the Digg platform. How are we going to take all of that data and make it interesting and relevant without this idea of the collaborative filter? Initially all we had was Diggs and buries. But I have a lot more data about how you use the data, where you come in from, and what your interests are.
Digg is already moving in this direction with its new recommendation system, which has resulted in a 40 percent increase in Diggs. But Facebook has a much richer set of data about your personal likes, dislikes, and recent activity across a broad spectrum of interests.
What Adelson is suggesting is that it is not enough to know what your group of self-selected friends and followers are buzzing about. What you really want to know is what are like-minded people buzzing about whether you know them or not. This is not a particularly new idea. (Last.fm, for instance, has been using this approach and the concept of musical “neighbors” to create personalized music recommendations for years). But what is new is the fact that a site like Digg will be able to improve its own core service by tapping into someone else’s repository of social data. And arguably, Facebook has a bigger and better repository of such data than nearly anyone else.
(Hat tip to Paul Sanchez for spotting the video).
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
The billboards are up, the CEO search continues, and MySpace Music is set to launch sometime next week. It would have launched last week, but protracted negotiations with EMI to bring it aboard along with the other three music labels is believed to be the cause of the delay. If MySpace Music can launch with EMI it will overnight become a major new force for music distribution on the Web. That is because it will offer free streams of full-length tracks from all the major labels, legitimizing the advertising-supported model that is beginning to challenge iTunes’ pay-per-download approach. It will be more akin to a subscription model like Rhapsody’s, but without the subscription.
MySpace won’t be the first service to offer free ad-supported streams from all the major labels (imeem already does so, and even Rhapsody itself is moving towards a hybrid model that combines free-streaming, an MP3 store, and subscriptions). But it could be the first to run into serious antitrust issues.
Independent labels are already crying foul for being “blocked” from the service. The indies will likely be added over time. The bigger antitrust issue comes down to the pricing relationship between MySpace and the music labels. MySpace will have to be extra careful about how it structures its relationship with the music labels. MySpace Music is a joint venture between three of the four major music labels and is currently raising more capital at a $2 billion valuation. If EMI joins, it will probably want an equity stake as well.
It is not clear how MySpace Music will be paying the labels. But by giving them a financial stake in the business, MySpace Music has a chance of throwing out the current, problematic digital music business model. The problem with advertising-supported streams is that every music service on the Internet has to pay the labels about a penny per streamed song, which is the equivalent of a $10 CPM and is uneconomical.
The big unanswered question is whether MySpace Music will play by these same broken rules or whether it has convinced the labels to lower their prices (or simply accept a share of MySpace Music’s revenues). The music industry desperately needs a new digital business model. There is no question about that. But if the labels are going to allow MySpace Music to pay less per stream or not at all, and they themselves are joint venture partners in MySpace Music, that will open them up to charges of preferential pricing, collusion, and price discrimination. (The music industry’s own hush-hush TotalMusic project could run into the same issues).
So MySpace Music and the music labels might find themselves in a pickle. However, there is a solution that will help not only MySpace Music sidestep the antitrust pitfalls, but could also spark a whole new wave of growth in the entire digital music industry.
It’s simple really. The music labels should reset the rules by repricing the cost per song they charge to every music site on the Web. Whatever price MySpace Music is paying should be the price for all players. (A $1 effective CPM would make more sense). That might weaken MySpace Music’s competitive advantage, but getting clobbered by an antitrust lawsuit would be worse. And you know what they say about bigger pies.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
Your Facebook ID is about to be accepted at a whole lot more sites than just Facebook. Developers have been hacking away with Facebook Connect since last May, and now partner sites are getting ready to launch. CBS’s celebrity gossip site TheInsider is the first to do so. Anyone can log in using their Facebook ID, and then can choose to have any comments, article votes, or poll responses show up in their Facebook feed.
CBS is testing Facebook Connect on TheInsider, and if the response is favorable plans on rolling it out across other CBS.com and Cnet properties. Expect more sites not owned by CBS to launch next week.
More importantly, Facebook Connect could end up replacing Facebook’s Beacon service on CBS and elsewhere. Beacon, to remind everyone, is the advertising-driven platform that was riddled with privacy problems and caused some partners to wish they had never signed up (but never really went away). Beacon identifies whenever a Facebook member visits a partner site and allow certain actions such as adding a rating or review, or saving a recipe, to appear in that member’s feed on Facebook.
Despite patching up some Beacon’s privacy holes, it never really took off. Facebook Connect offers a much better privacy model. It is very clear that you are signing up for it, and there is the convenience factor of being able to use your existing Facebook username and password. And whatever your privacy settings are on Facebook get automatically transferred to every Facebook Connect site where you are also logged in. And for developers, there are just a lot more things they can do with Facebook Connect than make actions appear in members’ feeds. Groups, events, photos, and user status messages can all be grabbed from Facebook and used as features on other sites. As Facebook users make changes on Facebook (or on the partner sites), the changes are updated everywhere.
And Beacon? According to a Facebook spokesperson:
We are not accepting any new developers into the Facebook Beacon program, though the approximately 30 existing sites may continue to use the feature as it suits them best.
Beacon may not be dead quite yet. But it will be soon.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0

Yahoo India announced that it has launched yet another social network for the 16-24 age bracket in an attempt to capture the growing market in India. And although scant details are available, it sounds interesting.
Dubbed SpotM, the new social network will bring college-aged and those close to going to college together in one space. There’s no word on how Yahoo will be able to ensure everyone using the service is really as old as they claim, but Yahoo believes it can manage that problem.
SpotM attempts to differentiate itself by offering two features: the idea of a secret friend and SMS integration with anonymous chat. According to Yahoo, SpotM will allow users to make friends with other users and if they choose, make those friends private so other users don’t know about the relationship. SMS integration with anonymous chat will let users correspond via SMS without revealing their phone number.
It’s nice to see Yahoo try something new, but whether or not its privacy initiatives will really work in its favor remains in doubt. As social networks become more popular, it’s transparency that parenting groups are looking for, not privacy. And once those issues arise, every social network buckles under the pressure. Will Yahoo be any different?
SpotM is currently in private beta.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0

Just as Google is trying to deflect growing antitrust concerns (see previous post), its core search market share also keeps on growing. ComScore’s August search engine market share numbers came out today—via Citi analyst Mark Mahaney—and are reproduced above. Its share of U.S. search queries rose in August to 63 percent, from 61.9 percent in July. Looks like its march towards monopoly is back on track after a slight dip in June.
Meanwhile, Yahoo’s share went down nearly a point from 20.5 percent to 19.6 percent. Again, Yahoo’s loss was almost exactly Google’s gain.
Not that Microsoft is doing much better. Its U.S. search share fell from 8.9 percent to 8.3 percent. Its Live Search Cashback promotion, which accounted for only 8 percent of its searches in August (78 million out of 977 million total search queries), is still not helping stem its decline.
Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.
Jason Calacanis and Michael Arrington opened TechCrunch50 today saying they wanted to create the “Sundance Film Festival” for the internet industry where companies are judged on merit. Here are our notes on the companies who presented in the first session of the conference, which showcased four startups that pertain to Youth and Culture. Highlights from the expert panel (Chad Hurley, co-founder of YouTube; Marrissa Mayer, VP product and search; Google; Ron Conway, prolific Angel investor; Dan Farber, Cnet, Editor in chief) also follow.
Shryk (CB) — Web-based financial software called iThryv for children aimed at promoting financial literacy and good saving habits.
Co-founder Shane Kimpton presented how a mythical 8 year old girl “Lacy: would log into iThryv. Lacy has a savings account, 28 bucks in savings and a checking account. The savings are from her parents, desposited to teach her about credit and savings. She “wants” a Barbie Corvette toy and it lists it on her wish list along side her actual spending on recent purchases like toys. She works out she spent 50% on “wants” and 25% on “needs” which turns out not to be a good ratio for good money management. So on the manage money section she works out how to spend her money better.
Another example, “Jay” is 17 and he has a job and a girlfriend. The look of his account is more aimed at his age-group. Research says 25% of 18 to 24 year olds go bankrupt - so this is a way of keeping better tracking on incomes and outgoings. He starts to understand the way he manages his money is ranked against the way other users on the system of a similar age. He gets a score based on this. His score goes up the more he saves.
The founders emphasised that iThryv is not a bank. It’s a platform that sits on top of a banking system which allows banks to build a “customer for life” through the tools offered. They researched with banks and parents and built the site on this feedback. The site can also give suggestions about how to become entrepreneurs.

Blah Girls — Backed by Ashton Kutcher, Blah Girls is a gossip site that features a group of animated teenage girls who provide opinions on what’s going on in the world of entertainment.
Presented by move actor Ashton Kutcher, a cartoon video preceded the presentation with some in-jokes about “silicone valley”, Jason Calacanis and Mike Arrington (”He looks like Peter Griffith”).
essentially speaking this is a video animation but scripted to report news and gossip from three “interactive celebrity-culture obsessed cartoon girls. They bring up to date celeb trends and news. The core function is a video player updated regularly. The animated characters are clearly scripted and written to give some witty news about celeb culture. Blah Girls is clearly not aimed at kids. The characters smoke Pot and make jokes about hanging out with celebs.
Kutcher said there is more to it than just video. You log in as a user and say “that video sucks”, for instance. You then get an email back with a URL which sends you to a comment response page. Tiffany - a blah girl - has a response which is unique to the user. So the girls in the show are talking to the user. You can ask the Blah girls for gossip advice, e.g is Google taking over the world? And they will reply “e.g. relationships are like skinny jeans, sometimes you have to starve yourself to have a chance.” The comments get updated weekly (seems a bit slow?).
The pitch:
1. The core, is creating high quality content
2. Interactivity and social engagement for retention - advertising model.
3. Seamless integrated branded content. Vitamin Water is the first partner and they have been built into the shows seamlessly.
The future is domestic and international, TV, Web and games and collaborations with media partners.
Tweegee (CB) — A hub for tweens, Tweegee offers the youth market a suite of online tools for social interaction and organization
Tweegee is “the future of social activities for kids aged 8-14″. There not enough stuff for this age group online, says the founders. This is a destination site with content, gaming and social networking. Two kids came up. “I got to make my Tweegee look like me with my hair sticking up” said a young boy, who presented on stage, so the kids can customise their avatar. It also has email, can change the colour of the background and make the text sparkly - appeals to kids. It’s a full email programme but with a very child-friendly interface. There is also some safe pre-written text designed to keep kids safe in their emails to each other. Kids invite other to meet their “buddy machine”. Buddy Meter works out your best friends on the system. The calendar option has birthdays and pitctures.
Avatars can be presented in front of Hockey sets etc. Daily Ratings, megazone. is a place to build you own site - like a sorts portal with live news. A folder allows user to put their stuff inside like songs, movies sand pictures on the PC which can be uploaded and sent to friends. 1GB of space. Safety is a top priority. A full safety features, “patent pending” tools. Gaming: Also features casual games for kids.


Hangout Industries (CB) — Blends social networking with virtual worlds by creating a 3D, online environment where 16-24 year olds can chat and share media.
Built in 6 months, this site is a Web-based virtual world aimed at kids and young adults and allows them to highly customise their virtual space. It combines the virtual nature of The Sims, with the privacy of Facebook, and Myspace’s customisation features. Works on low end PCs/Macs and all browsers. It’s highly immersive, but pulls in real-world goods so the T-shirts are real from Threadless. An Allposters.com deal streams posters direct into the rooms and you can buy them. It bridges offline and online, allowing real products to be bought for you and your avatar. Can customize objects like tables and chairs.
Gravity works on objects. You can also play drums / musical instruments along with a background soundtrack. Can pull in existing social graphs so that you friends can set up a room. You can see the videos your friends have been watching, and see streaming shows into the room. The avatar can be customised with 30 brands and 30 tastemakers, all signed up clients so far.
Panel discussion with judges:
Chad Hurley, co-founder of YouTube
Marrissa Mayer, VP product and search, Google
Ron Conway, prolific Angel investor - 500 investments in last 20 years.
Dan Farber, Cnet, Editor in chief
Questions:
Chad: I’m most familiar with Blah girls - I think video will be big (he jokes). But seriously this has a great opportunity for advertising.
The others are good, but content and scalability may have distribution.
Marissa:
Hangout I like but - what’s going to cost people get them to engage with it?
Answer: It’s an iframe inside existing social networks.
Marrisa: Biz model?
Answer: Users want cool products, and are willing to pay for it on virtual currency.
Marissa:
iThryv - a concern I have is a lot of the advertising are credit cards and loans which may be problematic?
Answer: Banks and partners would offer their services. It’s about customer for life for the bank, and the bank pays for this service.
Ron:
I would invest in iThryv but not until you have investors or backers like banks. For the other companies there is a dilemma - for your users you have to get their allocated time for them to move from existing social networks and they will have to reduce their time on others. Tweens are a pretty saturated market so new entrants would have to grab mind-share. With hangout and blah girls: Both are compelling and you have unique intellectual property.
Hangout’s reply: A user would never leave their MySpace page etc. as the site runs as an iframe and or Facebook application.
Ashton/BlahGirls: Our products can also move - we want to partner with YoUtube, and will be launching the first episode of today with them. We can travel anywhere on the web. It’s a video, so it can run anywhere you can host video.
Tweegee: This offers the ability for people to spend time inside.
Ron: You can’t leverage Club Penguin or replace it. It’s one activity the kids might choose among others. Kids this age have the most time on the web to spend so getting their attention shouldn’t be a problem,
Dan Farber:
All the startups were interesting. Blah Girls has a unique advantage in that it is original content and could become cultish. But the once a week video seems slow and its not that interactive yet. iThryv looks good. Hangout creates a new kind of experience within these existing context. Product placement done well can create a business. Tweegee - I had hard time understanding the business and how it fits against kids’ attention with things like ClubPenguin.
Marrissa: Hard to see the safety aspect with Tweegee….
Tweegee Answer: Kids want to communicate with friends but most sites kids need to choose a pre-written sentence. We give them a bit of free text from a white-list vocabulary, like T9 on a cell phone. You can’t write number to reveal phone numbers etc. This is integrated in all aspects of the site.
Chad: iThryv - why did you create it?
Answer: A motivation was we saw a market for kids understanding financial literacy. The housing crisis shows people are bad at finance. Also, banks have a hard time creating a customer for life. People are now moving away from traditional banks. We did research with kids and parents to see how they use money.
Chad: You’re going to have to simplify the site further for that audience.
Marrissa: I don’t see the value. What bothered me was that it didn’t seem realistic. Kids don’t construct strategy and business plans in the way presented.
iThryv responded; We have more that we could show that could address this.
Ron: Banks and credit card companies would probably have to be the actual investors, rather than VC/Angel.
Ron: With Hangout and Blah Girls: We all know that search and display advertising are big opportunities. It’s obvious there is a new market surfacing called product placement. In Blah Girls you already have the have Vitamin Water company as a client. Assuming the content is high quality, they can drive up the prices. This is a multibillion dollar market on the web being created right now.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
Google’s foray into the online video market has been criticized by many. In fact, some believe that Google’s decision to acquire YouTube was one of the worst it has ever made, thanks to the confluence of massive copyright violations and Google’s financial backing, which gave copyright holders the impetus they needed to sue the popular site. Others believe that Google’s decision to enter the online video market and become a quasi-content firm wasn’t the best way for it to capitalize on the booming video advertising business. Either way, Google is now wholeheartedly invested in online video and YouTube is the centerpiece of its strategy.
YouTube’s Sorry Situation
YouTube may be wildly popular, but Google’s ability to realize a profit has been difficult, at best. The company spent $1.65 billion for YouTube and so far, it has yet to find a way to monetize it effectively and realize a positive return on its investment.
Estimates for how much revenues YouTube can produce are all over the place. While Forbes estimates YouTube’s revenue will reach $200 million worldwide this year and $350 million next year, Citi analyst Mark Mahaney thinks Google can make $500 million next year if it focuses more of its efforts on display ads.
But just because YouTube may be able to recognize revenue of $500 million next year, doesn’t mean it will. YouTube needs to do a much better job in the advertising department to get there. It has done little to allay many of the fears advertisers have about the content presented on the site—the limited success of its Video ID program aside. Whether YouTube, the business, can be as successful as YouTube, the video site, is still a big question mark.
For all its business challenges, YouTube remains the most popular video service on the Web. The site commands 34 percent of all Web videos streamed in the U.S. market, while the second-place service, MySpaceTV, only controls 6.4 percent, and Hulu brings up the rear with 0.7 percent (according to May, 2008 numbers from comScore Video Metrix).
Head-to-Head With Hulu
Hulu may not size up well against YouTube – in May 2008, Hulu served about 88 million videos compared to YouTube’s 4.2 billion videos – but it has the luxury of monetizing the vast majority of its videos instead of the three percent that YouTube can sell ads against. Three percent of 4.2 billion is 126 million videos a month that can carry ads—not much more than Hulu.
That pretty much levels the playing field in terms of revenue and profit potential. According to one estimate, Hulu could enjoy $90 million in revenue in its first year. And although it may not be quite as much as YouTube’s estimated worldwide revenue total of $200 million this year, it equals a Bear Stearns estimate for YouTube’s domestic 2008 revenue (of $90 million). Considering that Hulu mainly caters to an American audience, both YouTube and Hulu could see roughly the same revenues in the U.S. this year.
Unlike YouTube, Hulu isn’t plagued by copyright concerns and doesn’t need to worry about questionable user-generated content. More importantly, all of its content appeals to advertisers.
As Chris B. Allen, director of video innovation at Starcom told Forbes, “most of the momentum now is for ads within full episodes run on the TV networks’ sites, such as NBC and Fox’s Hulu, ABC.com and CBS.com. It’s a format that advertisers understand.”
But understanding the format is just a modicum of the business advantage Hulu has over YouTube. In contrast to much of YouTube’s videos, Hulu’s content doesn’t cross as many lines of decency and demographics are readily available. (Albeit, Google did launch Insight, its video statistics service, to help with demographic information).
If YouTube has shown us anything, it proves that there is a huge market for user-generated content. But from a business standpoint, professional content is the place where advertisers want to spend money and how video sites will solidify their financial position. Athough Hulu will probably never grow to the size of YouTube and Google can use that size to its advantage, Hulu’s own advantage is its ability to draw advertisers to the content that more effectively attracts their target audience.
The heart of the issue is the value of mainstream versus niche buys. Advertisers want to place ads on videos that they know their target audience is watching. YouTube has started to make a push for professional content as of late, including a deal with Family Guy creator, Seth MacFarlane. But it needs to work harder to solve the problem of making money from its costly user-generated content, which is not only the vast majority of its videos, but also the content that most advertisers don’t want any part of.
In contrast, Hulu is the epitome of a video site that has capitalized on the inertia of the industry by providing users with content they know and can enjoy, while making it a service that would appeal to practically any advertiser.
Advertisers are throwing money at Web video, but who is going to capture that growth?. According to eMarketer, online video advertising will amount to $1.35 billion this year and Google, a company that controls more than 30 percent of the U.S. video market, can only attract 15 percent of advertising spending this year. As more advertisers look to spend money on online videos and continue their search for professional content with dependable demographics data, Hulu could become the service of choice.
We can’t forget that Hulu is still in its infancy and quite a bit can happen between now and when it becomes a more powerful brand. But we also can’t forget that it’s quickly becoming the place where TV and film studios – organizations that have historically distrusted the Web – want to place content for free on the Internet. We also can’t forget that YouTube is public enemy number one for those studios because it was once (and still is, to some extent) a haven for copyright infringement.
All Google needs to do to ward off the Hulu threat is to make a little bit more of its video inventory appealing to advertisers. Not much, maybe 10 percent.
But if Google doesn’t lure more professional content as quickly as possible and do its best to monetize user-generated content, Hulu will gain ground financially and could solidify itself as a big money maker in the industry. Perhaps even bigger than YouTube. All the while, Google will keep spending millions each quarter to pay for YouTube and desperately search for business models that will one day hopefully see it turn a profit, while NBC and the rest laugh all the way to the bank.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
AddictingGames, a popular Flash game portal, has announced plans to hold a large-scale awards show pertaining to casual games. The show will take place in 2009, with a series of voting rounds conducted on the site that will allow AddictingGames’ users to decide the final outcome (though judges will have some say).
The show will be open to any casual game on the web, but the results will likely be heavily skewed towards games on AddictingGames, since that’s where voting will actually take place. Few details have been released, but the Nickelodeon-owned site promises content spread on websites and television programs across “the entire Nickelodeon/MTVN Kids and Family Group”.
While the execution is flawed (the voting will be totally biased), developers could use an incentive to create casual games that are more involved than the mind numbing junk games that litter countless sites and development platforms across the web. Alongside a compensation program that AddictingGames will be rolling out for its most popular developers, this could at least help gamers pick out the best of the crop.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
Paragon Lake, a startup that aims to make the custom jewelry design process more efficient, has raised $5.8 million in a Series A funding round led by Highland Capital Partners and Canaan Partners. The company, which was founded in 2006, has been developing a web-based jewelry design tool for independent jewelers that it hopes to release in the next few months.
The online software aims to offer jewelers a 3D modeling environment with a simple user interface that should be significantly less expensive than traditional modeling programs. Jewelers will be able to create 3D models of custom jewelery as their customers describe it in real time, eliminating the crude sketches and time consuming back-and-forth exchanges that are part of the process today.
As part of the deal Canaan’s Dan Ciporin will join Paragon Lake’s board, which already includes Bob Davis of Highland. Both investing venture funds have had previous experience with services that helped expedite consumer product design: Highland has invested in VistaPrint, a service that lets businesses design printed materials like business cards, and Canaan previously invested in Blurb, a custom book printer.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
Tripwolf, the social travel guide that we introduced last month, has launched in public beta. The site allows users to network with friends to create an ideal travel trip, and also has a number of features designed to help research destinations and points of interest. To coincide with the launch, Tripwolf also announced that MairDumont, a travel guide publisher, has invested about $1.2 million into the company, in addition to the backing it has received from Austrian/American incubator i5invest.
One of the most appealing features of the site is the ability to generate a printable pdf travel guide by dragging and dropping the POIs you’ll be visiting. Unfortunately, while the dragging and dropping functionality works well, the guides themselves are very sparse, offering little more than an address, the hours of operation, and a one paragraph description. It would be nice to see a bit more content in these, even if it was only a summarized version of a Wikipedia article.
Tripwolf draws its data from a number of external sources, including Flickr, Wikipedia, and YouTube. And while it features a fairly comprehensive listing of interesting locales, it may have a hard time differentiating itself from countless other travel sites - there doesn’t seem to be anything too unique going on here.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
Internet Broadcasting, a local media network for broadcast publishers, announced today the official launch of Slantly, an online opinion tool. Slantly is intended for web publishers to integrate into their site to create discussions and spark debate. Several major web publishers have already partnered with Slantly to use the tool, including Meredith Publishing and NYCtv.
Slantly offers several key features to online publishers. With their customizable polls, publishers are able to create polls on news and issues to engage their readers. Through these polls, users can vote and add comments to a forum attached to each poll, after they vote. These polls and discussions, while hosted on each publisher’s site, are all available on the Slantly site. A very useful feature to publishers is the ability to track the demographics of your voters and commenters. All of this is available on the Publisher Dashboard, where you can create, moderate, and manage your discussions, track activity, and customize the look and functionality of your discussions to match your site. Slantly also offers an open API, enabling publishers to customize the tool to suit their needs. I’ve included a widget from Slantly that rotates through several popular opinions.
var SLANTLY = (typeof SLANTLY!= "undefined") ? SLANTLY : {};
SLANTLY.embedconfig={
version:"1.1",
topic: "Technology",
layout: "custom",
width: "100%",
height: "250",
query_type: "top-opinions"
};
There are several competing online opinion sites, in the form of polling sites like Polldaddy, Survey Monkey, dPolls, SodaHead (recently received new funding, covered here), and Vizu. Slantly does offer a similar service, but a bit differently. After playing around with the site a bit, they focus more on the opinions, not the polls. Given the nature of the associated sites (local news outlets), the audience is a bit older, and presumably a bit more opinionated and educated. This allows for more consistent users, as opposed to SodaHead, for example, which is marketed mainly for MySpace pages.
Internet Broadcasting, a company established in 1996, has been leading the market in local media online solutions. Originally, a web development company for major TV stations, IB saw the potential in the local media market. They have developed a system to optimize the way TV stations converge with the web to enable viewers to access and interact with the local news. Their network currently reaches 16 million unique visitors per month nationwide. Some of their clients include Hearst-Argyle Television Inc., Mcgraw-Hill Broadcasting, NBC, Meredith Broadcasting Group, Cox Television, and CNN.
IB is hoping that Slantly will bring their network a better user experience by enabling users to interact with their local news station and media outlets. Their intention by offering Slantly to any web publisher, in addition to their partners, is to engage readers in active discussion in order to provide meaningful interaction on their sites.
Crunch Network: MobileCrunch Mobile Gadgets and Applications, Delivered Daily.
There has been much talk of Twitter users moving over to FriendFeed since Twitter replies were down for the majority of last week. Twitter announced that they were back on Saturday in their blog, but seeing as the outage may have inspired some users to flock to FriendFeed, I decided to take a look at the 3rd-party applications and scripts that enhance the FriendFeed functionality.
For those of you moving on to FriendFeed’s greener pastures, here are 13 essential tools for an organized, “noise”-free experience.
Gridjit is a new web application, that is currently in private alpha, that organizes your FriendFeed and Twitter timelines into columns. It spreads out your timeline by user and shows that user’s most recent posts in boxes that are distributed across three columns. You can also post to Twitter and FriendFeed from the site. It’s a very new service, so there may be bugs, but if you’d like to try it out, Gridjit has supplied us with 250 invites. Enter the code dde60be to try it out.
Alert Thingy enables you to see your FriendFeed timeline from your desktop and receive updates through notifications (covered here). You can post updates and comment from the application, as well as post to Twitter or Flickr. Alert Thingy runs on Adobe AIR.
Twhirl, a popular desktop application among Twitterers, allows for FriendFeed posting and has a timeline tracker. It also supports posting to Twitter, Pownce and Jaiku, and allows for filtering news by “rooms”. Since Twhirl is a widely-used Twitter client, this should allow for an easier FriendFeed transition. Twhirl runs on Adobe AIR so it is available for Windows and OSX.
bTT by Sobees is a desktop FriendFeed application that is part of Sobees’ desktop suite bSuite. It is currently available for download independently of bSuite. bTT allows FriendFeed updates, comments, comment replies, and likes. It is currently available for Windows.
MySocial 24×7 is a Firefox plugin that allows you to access your FriendFeed timeline from your sidebar (covered here). You can filter your timeline by friend, or by feed source (Youtube, Amazon, RSS). MySocial 24×7 has also released an Adobe AIR desktop application (covered here). The desktop application provides the same functionality of the Firefox sidebar in an attractive desktop application.
NoiseRiver is a new web application launched yesterday, from FeedEgo, that uses FriendFeed’s API to filter out some of the noise. You can login through the site, and import your keywords from del.icio.us, or input them manually, and NoiseRiver will color code your feed according to your interests or neighborhood. When you input your keywords, you can rate your them with a slider from “love” to “hate” and from then on your timeline will be color-coded, green or red, to show what you’ll probably like or not. NoiseRiver provides a full FriendFeed user experience, allowing for sharing and comments.
FriendFeedMachine is a web application that allows you to organize your friends list into close friends, and people you just want to follow. It does a lot to clean up the problem of “noise” in FriendFeed, by making sure that what your friends say doesn’t get lost in the mix with heavy posters.
Feedalizr, enables you to post text, links, images and video to FriendFeed from your desktop. You can drag and drop images into your post, or you can take a picture with your webcam. You can also post video through Feedalizr through your webcam. It hosts the video on the Feedalizr site, and includes a link in your post. You can filter your timeline, and just yesterday they added a new feature that allows you to take advantage of tabs. You can open new tabs with specific user’s timelines, separate from your main friend timeline. Feedalizr runs on Adobe AIR.
Filter by Service is a Greasemonkey script that allows you to filter your timeline by service. It displays a box with all of the service icons, and you can filter the public timelime, your friends timeline, or any user’s timeline by service. For example, if you are browsing TechCrunch’s timeline and click on the Twitter service icon, you will see TechCrunch’s tweets. A similar script, Filter Icons, places the service icons in a neat row on the top of the timeline, but it does not display all of the service icons, just the ones that are used on the page.
Remove Visited Links, a Greasemonkey script, removes links that you’ve already visited. A very useful script that really cleans up your timeline by removing content that you’ve already viewed.

Read Later, is a Greasemonkey script that adds a “Later” link under every post, and adds a “Read Later” tab to the top. This enables you to bookmark things, within FriendFeed, that you find interesting and want to save for later.
FriendFeed Comments is a WordPress plugin that can take comments and likes made on FriendFeed, and place them into the related post on WordPress. On your blog, you will see the comment along with the commenter’s FriendFeed image and link. The plugin also allows (as an option) a separate FriendFeed comment entry, so your readers can enter FriendFeed comments from your blog page.
FF To Go is a mobile site that you can access from any mobile phone’s web browser. It has a simple interface that shows the 10 most recent posts from you, your friends, or the public timeline. It adds no special features, but remains consistent with the FriendFeed user interface.

Whoisi is a central site that allows users to add people and their associated web feeds, and then track any number of these people and their feed items using a follower model. Whoisi is a side project by open source evangelist and Mozilla contributor Chris Blizzard. Currently it supports feeds from Flickr, Twitter, LinkedIn, Picasa and any Atom or RSS feed. Once you have added a number of people that you follow, it presents their feed activity in a time-based interface similar to FriendFeed and MugShot, making it easy to track a large number of feeds.
In Whoisi, any visitor to the site can define a person or an identity, and add the feeds associated with that person for other users to find and follow. To prevent vandalism, there is a revision history so that changes can be reversed. The database already has a large number of names within it - and when you search for a friend or feed you’d like to follow, if they are not already on the site, you can add or edit their feeds easily. Users do not need to signup for an account with Whoisi, as user data (such as followers) is all session-based using a browser cookie, which means