Archive for the ‘Alsop Louie Partners’ Category

Redux Raises $6.5 Million For Being A Friend-Finding Social Network

Amit Chowdhry | April 7, 2008 | 407 Views | Add a Comment
Categorized under Alsop Louie Partners, Draper Fisher Jurvetson, Redux

Redux Logo
Redux is a social network company based in Berkeley, Calif. VentureBeat just wrote that the company has raised $6.5 million from Alsop Louie Partners and Draper Fisher Jurvetson. Redux’s first round of funding was provided by Alsop Louie Partners and Peter Thiel. Thiel is an early investor in Facebook and PayPal co-founder.

Redux was started by Darian Sharazi. Darian used to work for Facebook and also started Fotodunk, a mobile photo-sharing company. Redux has an algorithm that helps people find others with similar interests. Redux allows users to chat on all pages and exchange media.

Below is a video from DEMO.com of Darian presenting Redux:

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Justin.tv Raises Funding For Trendy Lifecasting

Amit Chowdhry | October 3, 2007 | 554 Views | 4 Comments
Categorized under Alsop Louie Partners, Justin.TV, Kiko, Y-Combinator

Justin.TV LogoJustin Kan and Emmett Shear are entrepreneurs that have a close-knit relationship with Y-Combinator. Kan and Shear created a calendar company called Kiko which sold on eBay for $258,000. Since then, Kan launched Justin.tv last March. Justin.tv is also backed by Y-Combinator.

Justin.tv is a website dedicated to the “lifecasting” of its members. Members of Justin.tv attach a webcam to their computers and chat with those who are interested in their life. Imagine The Truman Show except for multiple characters and the filming is voluntary. Browsing from camera-to-camera reminds me of browsing albums on an Apple iPhone:
Justin.tv Screen Shot 1
When Justin.tv first launched, a series of unfortunate events happened.

(more…)

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