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Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

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41–50 of 66 posts

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#41
post #22

Before he started Vidpresso, Randall was helping out my YC batch with feedback on their demo day pitches. It wasn't his job - he was just being helpful. The nicest guy you'd ever meet. Props to Randall on all the hard work building Vidpresso over the years - and congrats on the exit!

Dude thanks so much. Clerky has saved my bacon so much!

Loops now, dude.

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#43

Congrats! Facebook could not have gotten anybody better to make live video awesome. I'm excited to see what the future holds for the fb/vidpresso combo.

The future holds advertising and collecting usage data, what else can it hold?

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#44
post #33

Earlier quoted context omitted.

For live video, nobody really knows how to make selling ads even work. It’s actually an interesting challenge to try to come up with formats where ad monetization makes sense for the content producer — I’m convinced they’d have to be compelling formats for audiences first.

Here how it would work: the advertiser, let’s say Taco Bell, sponsors a banner ad that covers the bottom 10% of the live video. Boom solved.

Go ask media companies what their viewership numbers in this medium are and how much they want to get paid to carry a 10% screenspace ad for the entire show’s duration. Then go ask Taco Bell how much they’d pay for that ad given the audience size. If the numbers align so that you’ll get a nice margin too, why not start a company?

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#45
post #39

Earlier quoted context omitted.

... [cricket] ... [pavlov questions the meaning of his/her work] ... [cricket]

You don’t know anything about me. I’ve spent years working on various products that were paid by users, not advertisers. Guess what? Selling software licenses is very hard. You can’t blame me for not trying though. Video is traditionally ad supported — after all, nobody ever paid for broadcast TV. But preroll/midroll ads that interrupt content don’t work well in live online video. Interactivity offers potential new a…

Why is it so hard to admit thay you sold out and are working for an evil company?

Yes, you're not killing baby seals or helping give people cancer. You're just working for the company that surveils a large part of humanity, tries to get them addicted to tapping stuff, deceives them into buying stuff, "accidentally" gets involved into election manipulation, etc. They're also working hard at getting their hands on medical and banking information.

All around great guys, those Facebook employees.

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#46

It's strange that the investors would agree to having the team and tech aquihired. What's in it for them?

VC returns mainly come from the outsized unicorns and super performers. The rest of the portfolio can be null for all intents and purposes; it doesn't dramatically change the returns.

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#47
post #45
post #39

Earlier quoted context omitted.

You don’t know anything about me. I’ve spent years working on various products that were paid by users, not advertisers. Guess what? Selling software licenses is very hard. You can’t blame me for not trying though. Video is traditionally ad supported — after all, nobody ever paid for broadcast TV. But preroll/midroll ads that interrupt content don’t work well in live online video. Interactivity offers potential new a…

Why is it so hard to admit thay you sold out and are working for an evil company? Yes, you're not killing baby seals or helping give people cancer. You're just working for the company that surveils a large part of humanity, tries to get them addicted to tapping stuff, deceives them into buying stuff, "accidentally" gets involved into election manipulation, etc. They're also working hard at getting their hands on medi…

Maybe you're right; but attacking someone personally is not an ok way to express how right you are on HN. Please post civilly and substantively, or not at all.

https://news.ycombinator.com/newsguidelines.html

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#48
post #33

Earlier quoted context omitted.

For live video, nobody really knows how to make selling ads even work. It’s actually an interesting challenge to try to come up with formats where ad monetization makes sense for the content producer — I’m convinced they’d have to be compelling formats for audiences first.

... [cricket] ... [pavlov questions the meaning of his/her work] ... [cricket]

I'm not sure I follow this one but if you meant it rudely, that's a violation of the site guidelines and not ok here.

https://news.ycombinator.com/newsguidelines.html

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#49
post #43

Congrats! Facebook could not have gotten anybody better to make live video awesome. I'm excited to see what the future holds for the fb/vidpresso combo.

The future holds advertising and collecting usage data, what else can it hold?

That is a little too reductionist. It can hold a lot of things. Millions of people get all of their facts and information from live video. A lot of it is delivered by cable tv right now, but in the same way that TV news overtook newspapers, Facebook will overtake cable. People have watched moon landings, walls falling, and the birth and death of democracies, all live--and there were always advertisers paying the bills.

I know that we're in the middle of an awakening of sorts about personal data, but that doesn't negate the value that services like Facebook can offer. I may be naive, but I think this is a step in the right direction.

Re: Facebook buys Vidpresso's (YC W14) team and tech to make video interactive

#50
post #26

Yet another example that if people want to put their money where their mouth is w.r.t not being bought out, only trust a not for profit organization.

I'm confused by the idea that this is bad in some way. The point of business is to make money. For startups in particular, the entire commercial goal can roughly be broken down into one of three things: 1. Build a lasting private business (Mailchimp) 2. Go public (Facebook) 3. Get acquired (Instagram) Obviously, I'm ball-parking here, but 99% of startups with "successful" outcomes happen via acquisition. For the vast…

The problem is with startups which are, from day one, meant as #3, but they advertise themselves as #1.
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