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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Founded in January 2010 by Stephen Hood (ex-Delicious head of product), Dave Baggeroer (Stanford’s Institute of Design), and Josh Whiting (ex-senior engineer at Delicious and Craigslist). Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Founded in 1999 in Austin, Texas. Hello, Chair.

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Social Networking (the Shorter Version) Past, Present, Future

Both Sides of the Table

It launched open API’s and created a platform whereby third-party developers could come build any app they wanted and Facebook didn’t even want (yet) to take any money from them to do so. Twitter seems to have become a bit allergic to third-party developers (or maybe vice-versa). Social Networking Will Split Into Layers.

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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

Yes, social networks of 2010 have much better usability, have better developed 3rd-party platforms and many more people are connected. It launched open API’s and created a platform whereby third-party developers could come build any app they wanted and Facebook didn’t even want (yet) to take any money from them to do so.