September 19th, 2007
Techcrunch already has a great coverage of the Techcrunch40 event so it is pointless for me to repeat here. Beside, I was busy running around, speaking to people, catching up with old friends and making a lot of new ones and not really paying attention.
So instead, I will cover a few companies I saw which I really like.
1. First on my list is Cubic Telecom. Okay, I like them (no sorry, I love them) not only because Pat Phelan reads my blog but they have a killer idea. Imagine having a sim card that gives you numbers up to 50 countries; no more carrying multiple sims and phones for different country; Then imagine anyone can call you on any of those numbers (paying local or international calls charges as appropriate) but more important, you, the recipient pays only local charges. NO MORE ROAMING CHARGES!
How many of us who travel around often get hit with a $1,000 roaming bill? Imaging all of that all gone, with all the multiple sim cards! I love them so much that I got 5 simcards from Pat. I can sending this sim to someone :-) And don’t get me started with what they going to do with their own branded phones and wifi.
It is pretty sad that most people in the audience don’t really get them since they aren’t web 2.0. But if there is an billion dollar idea from the event, this is it! Simple technology (little technology risks), high-entry barrier (this cannot by two guys in a garage, not with at least 20 years of telco experience between them), great business proposition and a clear path to profitability.
2. MusicShake has the killer presentation on day one. I was dozing off due to jetlag and their showy presentation puts me off initially. Then I hear the music, I open my eye and my jaw dropped.
When they say that they have a tool that allows anyone, even without music background, to create music, they really meant it. The demo blew the audience totally away.
Nevertheless, I am a bit skeptical that they will be big. Although it does not requires any music background to create music, there is a lot of trial and error so it is extremely time consuming. It is a cool tool of cos, but like Comic Life, I probably use it once or twice and forget about it.
3. XTR3D makes me wonder why they aren’t at Wired Nextfest. Using a camera to capture hand gestures, it translate the hand gestures into inputs. It is difficult to explain it (already failed the elevator pitch) without seeing it in action so here is the demo
I missed a few presentations as I was running around but I was told Powerset and Mint are really good. The feedback is that Powerset seem to have a very smart team of people who knows what they are doing, considering they are taking on Google with a nature language search, sound like a good thing to have. And Mint, well, won the US$50,000 award. Congratulations!
Incidentally, I am crushing in at Andreas Weigend house the last few days. I have a lot of fun with all the conversations we have the last few days. Thank you!
ps: I finally managed to shake hand with Marc Andreessen! After all these years!