Wednesday, January 17, 2007

STIRR


I just got back from STIRR (http://www.stirr.net). It was a great event with a lot of great founders & execs from a lot of prominent Web 2.0 companies. Including Photobucket, Freewebs, Sun, Meebo, Wordpress, HOTorNOT, Google, Yahoo, Jigsaw, SugarCRM.

They also had a bunch of VCs including Mayfield Fund, Intel Capital, Charles River Ventures, Gabriel Venture Partners, Sequoia Capital, Blueprint Ventures, SoftTech VC, New Castle Partners, Formative Ventures, vSpring Capital, DoCoMo Capital.

Anyway, I already know I'm going to give 100% of the ad revenue to the end users who generate the content. The one idea I keep spinning in my mind is selling the shares of FileTagR for $1/share, up to 1 million shares. That way if we liquidate the company then the users win. Also if we issue dividends the users win.

The goal of FileTagR is to be disruptive to all the current generation of hosting web sites, including photo hosting, video hosting, audio hosting, general file hosting, etc.

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