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

Both Sides of the Table

We were looking for what I call the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences (fun!). They had a proprietary browser, their own search engine, their own content, chat rooms, email system, etc. They controlled distribution to the masses.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

That is excluding a single line of code or paying any salaries. Our chief architect, Ryan Lissack, wanted to store our data in Amazon’s new (at the time) storage product called S3 that enabled us to store all our data in their facility and we’d pay by the MBs uploaded / downloaded. We raised $16.5 million in our A round.

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