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SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

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Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#3
As a little experiment, here are some predictions:

ArtFlock - "ArtFlock.com aims to be the foremost online destination for the sale and promotion of original art and craft by the worlds' freshest artists and makers". Fail.

Avenue7 - "An online community for 12 - 17 year old girls to share ideas on the latest fashion trends & products, as well as their own personal styles". Great chance of success. I'd put all my money on this one.

Buildersite - "Buildersite is a web-marketplace for construction services. We aim to provide homeowners and tradesmen with the largest and most trusted venue for transacting business online." Fail, people don't go to the internet to build a house.

Content Syndicate - "Helps content providers and buyers commission, distribute, buy and sell content, that's exclusive, customised and personalised for their requirements". What? Epic failure.

Debatewise - "Debatewise will enable people to compare the collective wisdom of one side of a debate with the collective wisdom of their opponents, to help them make up their mind about anything". Fail, people don't care about other people's opinions, except to argue about them.

Facecontact - "Facecontact.com is a simple and effective tool for referral tracking and reward administration for referring job candidates, clients, investors and other prospects". I don't know, but I'm leaning towards fail. It would be hard to get enough people to start using the service for the service to be useful.

KillSushi - No description. Uhhh..

Krogos Software Development - Software development boutique. Erm.. Consulting? Possible success if they do it correctly, but consulting doesn't scale.

Kublax - "Online personal finance management service". Too little information given, but a system to manage micropayments would be great, if that's what they're doing.

Maple and Leek - "A social networking site aimed at inspiring like minded over 50s to build an online community of friends and fellow explorers". Fail. You can't build a social network from "X subset of myspace" and have it succeed without a niche goal.

OpenEra - "Online real estate information systems provider and the developer of the new and exciting Reavia portfolio collaboration service". Cut away the market speak. Fail.

Project Playfair - "Our game is hypernumbers which will do to numbers what hypertext did to text". No, it won't. Fail.

Price Delivered - "The place for consumers to discover and share genuine bargains". Bargains change too fast for the site to be very useful. Have to go with fail.

RentMineOnline - "Trusted online rental market". Anything over the size of a movie is extremely hard to rent through the mail, plus this requires a huge amount of capital to start, so fail.

The School of Everything - "The place to come to find independent teachers and classes in anything and everything". When many adults don't even read books, getting them to watch online lectures seems futile. Successful only on a very small scale, and only at music, art, and writing classes.

Tablefinder - "Tablefinders' mission is to aggregate the world's online bookable restaurants through an awarding and open community". Fail, too many moving parts. It won't be useful until everyone participates, so it won't happen.

Tickex - "Tickex is a search engine for tickets to live events - concert, theatre and sports. In one search, Tickex aggregates results from all the major primary and secondary brokers". I'm not sure this is very useful. People buy tickets by hearing of a specific event first, not by randomly looking for events to go to. And since they already have a specific event in mind, it's very easy to get tickets for it. Fail.

Wall Street Docs - "A provider of a sophisticated web-based document automation solution for complex capital raising transactions with a feature set tailored to the needs of issuers and banks". Only successful as enterprise software, so it depends on how good of salesmen they have. Since they only get $50,000, I'm going with fail.

Zemanta - "Content intelligence platform to automatically enhance content, making it web-ready". What? Fail.

It seems like SeedCamp may be going about this the wrong way. Instead of collecting good teams and iterating until they get an idea correct, they're banking everything on the idea and hoping the team follows.

What're your predictions?

Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#4

If this is seed funding, why are they announcing what all of the companies are doing a priori? So competitors can be aware and get a one-up on them before they release? I would feel uncomfortable with that personally.

Yeah. This appears to be a very bad sign.

Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#5
post #3

As a little experiment, here are some predictions: ArtFlock - "ArtFlock.com aims to be the foremost online destination for the sale and promotion of original art and craft by the worlds' freshest artists and makers". Fail. Avenue7 - "An online community for 12 - 17 year old girls to share ideas on the latest fashion trends & products, as well as their own personal styles". Great chance of success. I'd put all my mone…

>What're your predictions?

How can one make any predictions without knowing the teams?

Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#6
post #5
post #3

As a little experiment, here are some predictions: ArtFlock - "ArtFlock.com aims to be the foremost online destination for the sale and promotion of original art and craft by the worlds' freshest artists and makers". Fail. Avenue7 - "An online community for 12 - 17 year old girls to share ideas on the latest fashion trends & products, as well as their own personal styles". Great chance of success. I'd put all my mone…

>What're your predictions? How can one make any predictions without knowing the teams?

Hmm. What are your opinions of the ideas based on the very limited information given?

Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#7
post #3

As a little experiment, here are some predictions: ArtFlock - "ArtFlock.com aims to be the foremost online destination for the sale and promotion of original art and craft by the worlds' freshest artists and makers". Fail. Avenue7 - "An online community for 12 - 17 year old girls to share ideas on the latest fashion trends & products, as well as their own personal styles". Great chance of success. I'd put all my mone…

> Our game is hypernumbers which will do to numbers what hypertext did to text.

If I could understand what the hell that meant, there's a chance I might think it was interesting.

Re: SeedCamp Finalists Chosen (The European Y Combinator-like seed fund)

#10

If this is seed funding, why are they announcing what all of the companies are doing a priori? So competitors can be aware and get a one-up on them before they release? I would feel uncomfortable with that personally.

It might be a way to work out which idea is the most promising. I don't get the point of announcing the names let alone what their initial plans are.
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