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West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks said that Geni, which spun out Yammer, remains in West Hollywood.
Los Angeles-based CapLinked , which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. CapLinked's site allows companies to manage due diligence documents, shareholder communications, finding investors, and more; the firm said it now has over 135,000 users using its site.
Individuals use social networking sites such as LinkedIn and Plaxo as career-advancing tools, even more useful in a down economy. Social networking sites and microblogs are used not only to build company brands, but to foster productivity; social media tools help build communities around the question, "What are you working on?"
Jackson: CapLinked is actually a collaborative platform, a social platform that connects entrepreneurs and investors. It connects companies with investors, allows investors to forward on referrals to other investors, and once an investment has been made, allows a company to post updates to the site. How do you do that?
RedBeacon was the 3rd winner (year 1: Yammer, year 2: Mint.com) – not bad company. Ethan had pointed out to me that merchants were being barraged by “deal site” wanting to drive customers in the door but they didn’t have great tools to manage their customers. The company was called Red Beacon. Nice sweep!
Gilt Group is currently the largest private sale web site in US. Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. We also talked a lot about Stickybits (who uses the SimpleGeo platform) and Occipital who has the red-hot RedLaser scanning product. Time will tell.
Knewton – “Online adaptive test prep and virtual classroom platform&# - I love the innovation that is coming from the test prep industry. And I know that great startups like Yammer are doing well. Tumblr – “Microblogging platform&#. Other deals. Collaboration in business starts and ends with email.
The problem is that they don't live in those CRM tools like they do in Outlook, or on social sites like Facebook, LinkedIn, or Twitter. What it did uniquely, is it also integrated contacts and communications--all in single platform. Google Apps does not need to be a CRM system today, or even a social business platform.
Seemic (now a Twitter client) was originally a video blogging platform. Geni.com beget Yammer. The next time they came back they had changed their business plan to become a variable rate pricing mechanism for image owners to sell to websites and had created an image-based ad-network platform for remnant photos.
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