Let's say I'm having great time with my girlfriend, other friends and their girlfriends, etc. in a restaurant. Why would I wan to share our photos with the creepy guys next table?
Sequoia gives photo-sharing startup more money than they gave Google
141–150 of 185 posts
Re: Sequoia gives photo-sharing startup more money than they gave Google
#142A couple of things stick out from this numbers wise: * 7 founders (~14% split evenly, unlikely though) * 41M raised * Staff of 27 (obviously get some equity) Some valuation math: (Dilution) Pre-Money Post-Money (Founder dilution from ~14.28%) 15% 232.3M 273.3M 12.1% 20% 164M 205M 11.4% 25% 123M 164M 10.7% 30% 95.6M 136.6M 9.99% 40% 61.5M 102.5M 8.57% 50% 41M 82M 7.14% I realize the percentages are essentially a wild…
sometimes its just not about the money.
When you raise $41M with Sequoia, it definitely is
Re: Sequoia gives photo-sharing startup more money than they gave Google
#143Earlier quoted context omitted.
True. But does that alone deserve a 100 million dollar evaluation? I dont know enough tech luminaries who can constitute a team that can command such a high price tag, on launch day none the less. What do I know? My own wife wouldnt put down $100 on me to win :)
My own wife is a funny term. Redundancy at it's maximum.
Why the downvote?
It is redundant and I just dropped a note of English usage. If one has to emphasis, it would be "Even my wife...".
Just like saying Round circle or Straight line!
Or is the point of commenting only when you add hacking info?
Re: Sequoia gives photo-sharing startup more money than they gave Google
#144http://color.com/s/njo9KY
meagan's a hotty.
Re: Sequoia gives photo-sharing startup more money than they gave Google
#145Earlier quoted context omitted.
My own wife is a funny term. Redundancy at it's maximum.
Why the downvote? It is redundant and I just dropped a note of English usage. If one has to emphasis, it would be "Even my wife...". Just like saying Round circle or Straight line! Or is the point of commenting only when you add hacking info?
There's nothing wrong with "my own wife". (A Google Books search quickly turns up "my own wife", "my own child", "my own father", and "my own mother" in Dickens, for instance.)
Re: Sequoia gives photo-sharing startup more money than they gave Google
#146I'm curious how a proximity-based social network is going to keep from placing me closer to my upstairs neighbor than, say, my brother on the other coast.
I'm curious as to why Facebook won't just add a "photos your friends have taken around this place" feature and make these guys a distant memory
I think from Color's perspective, that's the idea -- only figuring that "adding" implies an acquisition.
Actually, I guess it would depend on whether market validation is worth $10m -- which I doubt, because it's just a feature to them, not a whole product. Also, that's what interns are for, right?
Re: Sequoia gives photo-sharing startup more money than they gave Google
#147"But how exactly is Color going to make “wheelbarrows of cash”... the company is still very early on, but it eventually plans to offer businesses a self-serve platform for running deals and ads $41 Million for a photo sharing app and this is the best they came up with? You gotta be kidding me.
Here is some tinfoil for you... Assuming they have a back-door API - this could be a freaking BOON for intelligence gathering arms that are seeking to know the surrounds of anti establishment types. Further - wait until you apply spatial modeling capabilities (what was that MS tech demo called?) where you can start building 3d navigable models of spaces that all the data collected in that 100' radius allows. Dont thi…
None of the anti establishment types I know are stupid enough to use this. They dont even have smartphones, for the same reasons.
Re: Sequoia gives photo-sharing startup more money than they gave Google
#148With all this excessive photo-sharing going on, I think we'll soon find ourselves wanting to counter the adage "A picture is worth a thousand words" with its opposite.
Re: Sequoia gives photo-sharing startup more money than they gave Google
#149Title doesn't do it justice. The photo-sharing part isn't what's novel. They seem to be building a social graph automatically weighted on physical proximity+frequency, using smartphone sensors (the most important one of which happens to be a camera). That's cool, and potentially game-changing. "All of your contacts are presented in a list of thumbnails ordered by how strong your connection is to that user. Whenever C…
Maybe I'm missing something here, but how is "Let all the people you know find out all about your current surroundings" a selling point?
Re: Sequoia gives photo-sharing startup more money than they gave Google
#150This is a great idea I think. It has the potential to fundamentaly change the way people use photos, and because of the all media exposure they will get (41M..) it might actually work.
The only thing that's sad is that about 6 month ago I met a guy who had been trying to raise money for his idea, which was very very similar, and all the big funds turned him down.
So there's again the repeting lesson of the value of who you are when you raise an idea and money.
Hope it'll work anyway - sometimes it's nice to know that your idea was really good even if you're not the one who made it in the end.