Yesterday, Bay Area start-up Quixey announced that Eric Schmidt’s Innovation Endeavors fund had invested in the company.
I’m pleased to say that along with my partners in Archimedes Ventures we have also joined the roster of investors in the company.
All the best to Tomer Kagan and his team as they execute. The technology they have built is state of the art. Their team is fabulous. The world is theirs to grab.
Sign up for the beta here
TechCrunch story here
GigaOm story here.
I decided to start publishing a blog about the challenges and opportunities facing the media business because I think the subject is seriously interesting. I read almost everything and everybody, and there are some great resources (paidcontent.org; techcrunch; ReadWriteWeb; GigaOm; Henry Blodget’s blog; Jeff Jarvis, Don Dodge, various industry research analysts, the media itself, and many more). So, I thought, why not write about what I read? It will give me a great opportunity to begin to say what I think, and force me to be sufficiently disciplined to digest and evolve my views. If I am really fortunate others will enjoy reading it. So, welcome to seriouslymedia.
Press release for download
Product Description given to Gnomedex Attendees
News from the Web on this:
Digg – here
Techmeme – here and here
ReadWrite web – here
TechCrunch – here
Venturebeat – here
Gnomedex – here
Jeff Jarvis – here
Dan Farber – ZDNet – here
Rob Hof at BusinessWeek – here
Bub.blicio.us – here
Mashable – here
Forecast Blog – here
It has been a great effort by the team at edgeio to get this launched. The company now has 6000 advertisers who will, by September, have 29 million classified ads in the system, and with the launch of “Classified Boards” in March recruited its first 1000 publishers. Now with “Transactional Classifieds” the number of publishers who can use edgeio will grow enormously. The vision of a Classified Ad Network for the Internet is one step closer.
Another deal I have had to keep under wraps….. Techcrunch and F***edCompany are set to release news of a merger tonight at around 9pm Pacific Time. Mike has blogged it early due to rumors circulating on the web. Techmeme has it here.
Om Malik has the scoop but this is something I have been keeping under my hat for several weeks. Heather Harde, former Fox Interactive Media executive, responsible for Mergers and Acquisitions, is to be the new CEO of TechCrunch.
Mike has now confirmed the news here.
Heather was a key figure in Fox’s strategy to acquire the key assets needed to turn itself into a major Internet presence. She is accomplished, charming and as sharp as a razor. It’s a major coup for Mike and TechCrunch to recruit her. I believe it augurs well for TechCrunch that Mike has decided that the continued growth of his amazing venture requires the services of a hands on senior operational executive.
Until now I was the only other shareholder in TechCrunch besides Mike (a fact that dates back to our 2005 collaboration in Archimedes Ventures and edgeio). I can’t say how thrilled I am to welcome Heather into the company. I got to know her in my role at edgeio and have found her to be a straightforward, highly observant, passionate and focused person. I don’t know anybody with a bad word to say about her. The potential of TechCrunch is being realised every day. RSS subscribers, unique visitors, advertising revenues, job listings (edgeio hosts CrunchBoard) and every other measure shows this. But the potential is far greater still. Heather and Mike will be the team to realize the vision and take it to a new level. Congratulations to both.
TechCrunch reports that Salim Ismail is to head the Yahoo Brickhouse project. Yahoo’s intention is to create an internal incubator – think Google Labs – and so encourage innovation and productizing akin to forming lots of internal startups.
Salim is a great choice for this role. Currently heading up Confabb (to be replaced by David Dell) Salim is a serial startup guy. His most recent stint was at PubSub where he served as co-founder and latterly CEO.
I have known Salim for quite a few years now. He has been a great thought partner during the gestation of edgeio and will do a great job in this new role. Yahoo are lucky (and smart) to get him.