Archive for the ‘Startup Information’ Category

08Jul

Solid Social Networking with Youmeo.com

Social network, Youmeo is brain child of 19 year old entrepreneur Calum Brannan. Calum started the site back in 2005 as “pplparty.com” then recently rebranded as the much nicer (in my opinion) Youmeo.

What I find most impressive is how much Calum has achieved in such a short space of time. Starting pplparty when he was just 15 he now heads up a 10 man team in his London office.

At 17 I went to work for Doug Richard (one of BBC2’s Dragons from Dragons Den) and his team for mobile texting company Trutap. I was working alongside world-class people with backgrounds ranging in companies such as Yahoo, Ebay and T-mobile.

When I first started the business I was working from my bedroom at my parents house whilst doing my GCSEs, then I had our whole team working from my front room until just a few months ago when we moved into office space.

In the time since the pplparty launch in 2005 the site has gained a fair bit of traction currently boasting over 400,000 members. Whilst it still has a fair way to go to make a dent in some of the big boys it seems to have a thriving community and should continue to grow with the recent sexy rebrand.

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25Jun

Quick and Easy streaming with YouLiveSee.com

Recently launched YouLiveSee is a slimmed down version of popular video streaming sites justin.tv or ustream.com with an emphasis heavily on chatting with other people. Anyone can start a new “topic” on the site and wait for other members (or guests) to come in and start chatting.

It’s a simple concept that isn’t completely ground breaking but I really like the way they’ve stripped down all the unnecessary features and kept everything simple and to the point. I managed to setup an account and start chatting in under a minute.

Here’s me testing the site with Mike from WPcandy.

I dropped the sites owner an email and he was more than happy to give me a bit more information on where the idea for the site came from.

There is one very important thing to keep in mind. The future of human development, as electronics, computers and machines take more and more jobs that humans did in the past, is - simplicity of use and not complexity! More simple the devices, software and hardware will be, while focusing on core functionality, more things you will be able to do. When I was studying engineering I remember when we went to visit an underground coal mine, and conditions for both workers and engineers were awful. So, I thought to myself, why are all these people here? Through simple global collaboration of individual technicians and engineers where they can quickly exchange 3D data and talk live a consortium could be set up and massive robotic mining systems could be manufactured to replace at least half of those people under ground, while they could be sent to surface to control those robots through network channels. Each worker could thus dig more ore and do less work.

I really like this site and service. I’ll be using it for sure.

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25Jun

Indexing social music with Qbox.com

Social networks are a relatively un-tapped source for music. Sites like myspace and bebo have massive amounts of streaming music at their disposal but do little more than encourage struggling musicians to create profiles and add as many friends as possible.

Qbox has found a way to utilize this massive collection of music.

Our player essentially works like a remote control that lets you take control of all the social network music available for streaming.

There is also a desktop application that I unfortunately couldn’t test (I’m on a mac and currently it’s windows only) but this video outlines some of the features of the software.

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30May

Rifflet.com - A home for unfinished music.

Rifflet is an interesting project that lets musicians share unfinished parts of songs in the hope that other musicians can collaborate and combine musical ideas to form new ones.

Rifflet was produced for $0, in roughly two weeks, from idea to launch. It’s a great example of a solid idea executed very well for very little cash.

I heard from the sites founders, Jon and Kelly. They we’re more than helpful with helping me source this post.

It’s amazing how fast the Riffflet community is growing, and every day we hear from people about how much they love the site. We just had one member produce the first song built out of pieces on the site, so we’ve actually help something get created, which is really exciting.

I love little startups like this. They noticed a gap and they produced something quality for very little money to fill it. If more people were doing this the Internet would be a much better place.

There is already some good stuff going on over there. If you’re a musician check them out.

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20May

Raising funding is often harder than building a product/business — and much less fun!

Okay, a few days prior to today I was reading the wonderful hacknews and came upon this article. It covers some elements and ideas that helped us find interest in bootstrapping and independent-ness at IndieStartups. I’m quoting a bit here, or if interested the article can be read at OnStartups.

1) Most folks don’t need venture funding in the early stages

2) the odds of first-time entrepreneurs actually raising VC is pretty low.

Oh, and 3) it’s one of the least fun activities an entrepreneur can take. Raising funding is often harder than building a product/business — and much less fun!

The simple answer is no, I have not changed my mind on VC. I still don’t think most early-stage entrepreneurs should go out on the venture fund-raising circuit. They should maintain the option of a modest exit. Focus on solving the customer’s problem (not the VC’s problem). My situation with HubSpot was special. I had already done the bootstrap thing (multiple times) and made money. I had above average odds of raising money for HubSpot.

So, why did I raise funding? Because, this time around I wanted to take a shot at the big leagues. Sure, any success (even a modest one) is nice. But a modest success is not going to change my life much at this point. I want to swing hard. It’s not about the money. It’s about the fun and excitement of pursuing a really big idea, working with really smart people and doing what I love. [And, of course, the money won't hurt either]

And that, my friends, is why I raised $17 million in venture funding.

Once again, full article at OnStartups.

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