Live From fbFund REV’s Demo Day
I’m here at the demo day for fbFund REV, Facebook’s new incubator program that’s jointly put on by Accel Partners and Founders Fund. We’ve embedded a live stream of the event below, and I’ll be updating with notes on each company that presents. Also be sure to check out our post from last night, when we took a look at fbFund’s first session as an incubator (versus just a distributor of cash grants), as well as some of the talks given by fbFund’s mentors. Thread.com — Thread.com helps users on Facebook meet possible matches for dating using Facebook. Rather than revolving around meeting strangers, the site allows you to browse through singles who are friends with your friends. You can see our full introduction to the site here . Funji — A community for the iPhone and iPod Touch. The company is targeting “Generation ME” age 13-21 with a virtual world that allows users to customize their own virtual room and avatars. Users can interact in a forum and check out their friends’ rooms. Everything looks very colorful and playful, which could help it catch on with the youth audience. Sociable says that retailers are not driving significant sales from social media (e.g. from Facebook and Twitter). The company says brands need to evolve from B2C communication, to word of mouth, C2C conversations. Sociable tries to optimize the retailer’s “viral loop” through …
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