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TechCrunch50: Day 3

Photo by Steve MallerI've been covering TC50 for the past few days, and believe it or not, I'm still hungry for more startup pitches.6:30 a.
Written by Andrew Mager, Inactive

Photo by Steve Maller

I've been covering TC50 for the past few days, and believe it or not, I'm still hungry for more startup pitches.

6:30 a.m. The final sessions of the conference are posted on BusinessWire:

    s
  • Akoha (Presented by Austin Hill and Alex Eberts)
  • Bojam (Presented by Andrew Greenstein and Eyal Hertzong)
  • CauseCast (Presented by Ryan Scott and Sloane Berrent)
  • Closet Couture (Presented by Christine Elia and Sheldon Chang)
  • Foglight (Presented by Ben Crockett and Jason Peery)
  • Footnote (Presented by Russ Wilding and Brian Hansen)
  • fotonauts (Presented by Jean-Marie Hullot)
  • Goodguide (Presented by Dara O'Rourke)
  • Goodrec (Presented by Mihir Shah and Yishai Lerner)
  • GoPlanit (Presented by Steve Chen and Jimmy Ku)
  • Grockit (Presented by Farbood Nivi and Michael Buffington)
  • Minor Studios (Presented by Dave Werner and Martin Reptto)
  • plaYce (Presented by Carmel Gerber)
  • Shattered Reality (Presented by Damon Grow and Eric Stone)
  • Truecar (Presented by Scott Painter Tom Taira)
  • VideoSurf (Presented by Lior Delgo and Dr. Eitan Sharon)
  • GazoPa (Presented by Hideki Kobayashi and Go Kojima)

6:35 a.m. Walking from CBS Interactive SF offices to the San Francisco Design Center Concourse.

Demo Pit: Divvy

7:30 a.m. Divvy, a website that allows you rent anything to anyone, launches.

Divvy

I got a great demo from Aaron Freed, the company's co-founder. It's very easy to sign up and setup your subdomain (you.divvy.com). You can rent anything from a Nintendo Entertainment System, to a car, to a house!

Paypal is integrated and a calendar reservation system comes standard.

You can easily find people around you looking to rent:

Demo Pit: Photo Thread

PhotoThread

Photo Thread maps out the timestamps of photos based on geography. They will be launching in a few months.

VideoSurf

A visual video search engine:

VideoSurf at TechCrunch50 Day 3

9:28 a.m. The puppy is helping me edit today. It's a Divvy dog:

Puppy

9:35 a.m. They have a huge dome in the middle of the lunch area:

TechCrunch50 Day 3

My conference buddy is Meghan Asha from Non-Society. I have been lending her photos for her lifestream.

Meghan and I at TC50

The first panel of judges (left to right) is Robert Scoble, Sheryl Sandberg, Joi Ito, Bradley Horowitz:

TechCrunch50 Day 3

GazoPa

Find images that are similar based on shape, color, and size. If you are searching for people, you can find similar faces.

You can draw things and then search for images that look similar. Let's try a tee shirt:

Gazopa at TC50

Voila:

Gazopa at TC50

fotonauts

fotonauts at TechCrunch50

A Wikipedia for pictures. A place where everybody will come to look for pictures. Think of it as a very smart registry of images.

fotonauts at TechCrunch50

It's a desktop app. You can organize photos by town and location. fotonauts will search through Creative Commons photos too. You tag the photo, and they do the rest in the background.

fotonauts at TechCrunch50

There is a social element too. You can share photos with friends in context.

fotonauts at TechCrunch50

Horozitz: This socializes tagging and allows me to leverage the work around me.

Bojam

An open source Wikipedia for music creation. Mix Facebook with Garage Band.

Bojam

You have a drummer in Australia, a bassist in Norway, and a vocalist in Africa. You can all be sitting in your basements and you can still collaborate.

Watch the demo video of Bojam »

For someone who wants to learn guitar, they also have chrods scrolling at the bottom in sync like karaoke. You can mute all the other instruments and practice over the beats. You can even record your track.

Bojam

Bojam is about a community of musicians.

Grockit

Massively multiplayer online learning. You can earn points for helping one another. Social studying.

Grockit

10:49 a.m. Jason Calacanis arrives. I think he was out late last night.

Jason Calacanis arrives late

10:55 a.m. I went inside that huge dome thing and snapped a picture:

TechCrunch50 Day 3

Everybody was wearing 3-D glasses and tripping out. I will have more information about this product later.

Akoha

What if playing a game could make the world a better place?

Akoha

Akoha claims to use web and real-world missions to create a new form of game play and do good in the world.

Atmosphir

Free downloadable video game for Mac and PC. There is a design mode where you can create your own adventures.

Atmosphir

It's starting out as a platform. They want to become an environment where any video game idea is possible.

We hope to be the online interactive equivalent of Lego

View a short video demo »

Playce

Making the world a playground with high-end social games.

Playce

Our emphasis is on quick engadgement. You should be able to send a link to a friend and have them be able to just jump right in the game.

Playce

Playce is not a tools company, it's a destination site. They monetize with advertising and virtual goods.

Horowitz: Ahkoa could be a really fun addictive thing. They are trying to do good in the world.

Scoble: VideoSurf has the best potential to be a business.

Exit Strategies, M&A Uncovered

  • Michael Marquez, CBS Interactive
  • David Lawee, Google
  • Ted Wang, Fenwick & West LLP
  • Moderated by Heather Harde (CEO Techcrunch)

Exit strategies

Marquez: It's strategy first. We're an audience company. We are trying to build the largest audience. We want to build engaging and compelleing experiences.

Wang: We are certainly moving into a buyer's market right now.

Lawee: The exit opportunities out there are looking more and more limited.

Marquez: We try to find people all around the world that are experts in their domains.

If you want to get in touch with me, reach out to me directly. Let me know why your company is interesting. There are business opportunities that we could work together on.

Michael Marquez, CBS Interactive

One of the big mistakes is coming in without the point of view of the value between us. What assets do you bring?

Wang: You need to create competition if you want to maxmize your value on the exit. Do you best to create a bidding process with a logical forcing function (raise another round, another auction). You gotta be careful and cautious though. Gotta think through your tactics.

TC50 Exit Strategies

Marquez: It's a collborative relationship.

Walle: At Google, we don't really think about the size of the deal, just the impact. YouTube was a small number of people, but the pricetag wasn't small. A lot of these companies are coming into Google and they have changed the direction of the whole company.

12:35 p.m. Taking a lunch break. I am going to buy myself a new camera. Expect the photos to be better.

2:09 p.m. Officially putting down my Fufi F-50. Let's see how the new camera works:

TechCrunch50 Day 3

Chris Jolley from MSN Money is speaking:

New Canon Powershot SX110IS

Phoenix-based Flypaper has built a product that is a few steps above Powerpoint. With an intuitive user interface, you can build professional presentations and host them in a web browser. It almost looks like Flash, but not quite:

TechCrunch50 Day 3

It's more interactive than a Powerpoint too. You can have form inputs for users to fill out. They have a 30-day trial now, so try them out.

TechCrunch50 Day 3

Tamales for lunch today:

Tamales at TechCrunch50 Day 3

2:21 p.m. Daphra Holder and Charles Best from DonorsChoose challenged me to raise money for their project. It provides students in need with resources that public schools often lack:

TechCrunch50 Day 3

Afternoon sessions starting. The panelists are Sean Parker, Don Dodge, Jeff Weiner, and Loïc LeMeur:

TechCrunch50 Day 3 sf

BirdPost

Mapping bird sightings. You can make a list of birds that you are dying to see.

Birdpost

You can create your personal "lifelist" of birds that you've seen in your life.

Birdpost

All of the birds are tagged with physical characteristics. The site is completely searchable.

Bird watching

Closet Couture

Fashion social network with an online style community.

Closet Couture

You upload pictures of your clothes and the community votes on outfits.

Closet Couture

There is a calendar integrated so you can plan upcoming parties, or use it as a historical review (you won't wear the same thing in front of the same people).

Closet Couture

You can even make a packing list for trips to see what clothes you've packed before. You can use it as an inventory system.

Footnote

Footnote

Facebook for the deceased.

You can make a timeline of the person's history. Upload photos from high school and share memories.

Footnote

Links to historical newspaper articles and public government documents. Write stories about your history with the deceased person.

They are digitizing over 2 million images a month.

Footnote

Causecast

A powerful online social medium that connects non-profits, leaders, celebrities, and brands to those who want to make a positive impact on the world.

CauseCast at TechCrunch50

3:37 p.m. Sean Parker, co-founder of Facebook app Causes adds feedback:

Sean Parker

Go Planit

A social travel planning tool. Plan your trip and go.

TC50 Day 3

If you don't know what to do, there is a recomendation engine that gives you tips. Book dinners with OpenTable in one click. Print out a custom travel guide too.

TC50 Day 3

Export the iternary to iCal or Google Calendar. iPhone app too:

TC50 Day 3

4:30 p.m. Steve Gillmormade an appearance:

Steve Gillmor at TechCrunch50 Day 3 afternoon

Online banking startup Mint just had a redesign:

Mint

TrueCar

TrueCar

The future of marketing and advertising will be so great that consumers will not be able to get enough of it.

TrueCar

TrueCar is an information service that delivers actual transaction data, showing what everyone else is actually paying for their car.

TrueCar

This will introduce total transparency to the whole car-buying process.

TrueCar

Login to TrueCar, enter your zip code, make, and model and you're on your way. You can view the data from a local, regional, or national view.

GoodRec

It's about making recommendations to your friends, not rants. Thumbs up, or thumbs down.

goodRec

The goal of the product is to make fast, confident decisions that you don't regret.

4:53 p.m. TechCrunch has a whole row of writers here covering the event. I am sitting one row behind them.

Spying on TechCrunch

5:07 p.m. Arrington and Calacanis are talking about the Demo Pit winner. The winner is...

iamnews

An open newsroom platform. Basically, they enable publishers to collaborate in the creation of news. Most small to medium publishers don't have the resources to get everything.

iamnews at TC50 Day 3

Create news assignments, and pull in data from Twitter, Flickr, Seesmic, YouTube, Blip and more.

TC50 Day 3

5:28 p.m. They just gave away five Xboxes:

TC50 Day 3

Hollywood panel

  • Michael Yanover, a secret Hollywood powerbroker
  • Matt Diamond, American director
  • Adam McKay, creator of Funny Or Die
  • Joss Whedon, creator of Buffy and Dr. Horrible
  • Stan Rogal, director
  • Hollywood panel at TC50

    Yanover: Silicon Valley and Hollywood are finally getting to know each other. The two sides are starting to appreciate and respect each other.

    Whedon: The excitement on the web exists between the creative people and the audience. The Hollywood people are still trying to figure it out. They come to it with great enthusiasm, but they try to either control all of it, or not pay people. Viral marketing is an oxy-moron.

    Stan Rogal and Joss Whedon

    Rogal: I think we are at the very beginning of this. My 15-year-old stopped watching television and completely went over to the Internet. He didn't know that CSI was on CBS, he thought it was just a YouTube video.

    Arrington: Was the wakeup call YouTube?

    Yanover: The use of Flash has changed the life of Adobe a little bit. Content is much easier available. YouTube allows you to be more modest with production cost.

    Diamond: Every medium has predicted the end of every other medium. Technology tools have changed the way people consume media.

    8:18 p.m. Yammer wins TC50.

    Yammer wins it all

    Full photoset on Flickr »

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