<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Geni: Earning That $100 million Valuation</title>
	<atom:link href="http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/</link>
	<description>Startup and Technology News</description>
	<lastBuildDate>Thu, 26 Nov 2009 13:07:44 -0800</lastBuildDate>
	
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: FamilyIgloo</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-2650776</link>
		<dc:creator>FamilyIgloo</dc:creator>
		<pubDate>Tue, 10 Mar 2009 22:44:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-2650776</guid>
		<description>How Geni is going to compete with &quot;we are related&quot; application  on Facebook that  is much easier to use!</description>
		<content:encoded><![CDATA[<p>How Geni is going to compete with &#8220;we are related&#8221; application  on Facebook that  is much easier to use!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: tareq kayyali</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-2538426</link>
		<dc:creator>tareq kayyali</dc:creator>
		<pubDate>Tue, 18 Nov 2008 17:27:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-2538426</guid>
		<description>well combining your family and friends together on the same social networking website is what fameego is all about... www.fameego.com</description>
		<content:encoded><![CDATA[<p>well combining your family and friends together on the same social networking website is what fameego is all about&#8230; <a href="http://www.fameego.com" rel="nofollow"></a><a href='http://www.fameego.com'>http://www.fameego.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Geni&#8217;s Quest Toward One World Family Tree</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-2456645</link>
		<dc:creator>Geni&#8217;s Quest Toward One World Family Tree</dc:creator>
		<pubDate>Thu, 04 Sep 2008 04:31:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-2456645</guid>
		<description>[...] now allows users to upload photos and videos, arrange family calendars, etc. As we said over a year ago, the site is clearly aiming to be the family-centered social network: Geni won’t [...]</description>
		<content:encoded><![CDATA[<p>[...] now allows users to upload photos and videos, arrange family calendars, etc. As we said over a year ago, the site is clearly aiming to be the family-centered social network: Geni won’t [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Genlighten Blog &#8212; Genealogy Documented &#187; Blog Archive &#187; Genealogists Joining Social Networks &#8212; Is it a Trend Yet?</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-2392990</link>
		<dc:creator>Genlighten Blog &#8212; Genealogy Documented &#187; Blog Archive &#187; Genealogists Joining Social Networks &#8212; Is it a Trend Yet?</dc:creator>
		<pubDate>Tue, 01 Jul 2008 01:52:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-2392990</guid>
		<description>[...] it was launched, well-respected venture capital firm Charles River Ventures invested in Geni at a $100M valuation. Paul Allen at FamilyLink (nee World Vital Records) has long evangelized for genealogists to [...]</description>
		<content:encoded><![CDATA[<p>[...] it was launched, well-respected venture capital firm Charles River Ventures invested in Geni at a $100M valuation. Paul Allen at FamilyLink (nee World Vital Records) has long evangelized for genealogists to [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Tech Coast Review - Geni the Social Family Tree</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1836101</link>
		<dc:creator>Tech Coast Review - Geni the Social Family Tree</dc:creator>
		<pubDate>Wed, 12 Dec 2007 19:31:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1836101</guid>
		<description>&lt;strong&gt;Geni opens up the social family tree...&lt;/strong&gt;

..Geni, a new site you can map and show your family tree web 2.0 is taking off. Along the way, their thoughtfully considering how to balance viral public connections and privacy.....</description>
		<content:encoded><![CDATA[<p><strong>Geni opens up the social family tree&#8230;</strong></p>
<p>..Geni, a new site you can map and show your family tree web 2.0 is taking off. Along the way, their thoughtfully considering how to balance viral public connections and privacy&#8230;..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Big, Big Round of Funding For Ning</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1491257</link>
		<dc:creator>Big, Big Round of Funding For Ning</dc:creator>
		<pubDate>Mon, 09 Jul 2007 23:50:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1491257</guid>
		<description>[...] this is accurate, this puts Geni&#8217;s $10 million round (on a $100 million valuation) to [...]</description>
		<content:encoded><![CDATA[<p>[...] this is accurate, this puts Geni&#8217;s $10 million round (on a $100 million valuation) to [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sepulveda.org</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1406164</link>
		<dc:creator>sepulveda.org</dc:creator>
		<pubDate>Sat, 02 Jun 2007 11:21:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1406164</guid>
		<description>&lt;strong&gt;Looking for an online social family network...&lt;/strong&gt;

My online family tree has now more than 18,000 members in it. I&#039;m also part of the Roglo database, soon approaching the 2m members. It&#039;s getting very difficult for me to keep track of all my family contacts (I use...</description>
		<content:encoded><![CDATA[<p><strong>Looking for an online social family network&#8230;</strong></p>
<p>My online family tree has now more than 18,000 members in it. I&#8217;m also part of the Roglo database, soon approaching the 2m members. It&#8217;s getting very difficult for me to keep track of all my family contacts (I use&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Family 2.0</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1394971</link>
		<dc:creator>Family 2.0</dc:creator>
		<pubDate>Fri, 25 May 2007 05:45:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1394971</guid>
		<description>Geni&#039;s family tree builder is really nice but MyFamily.com was the first to realize the market, Amigila.com was the first to build a Flash-based family tree tool. Famiva went limited beta with the viral family tree concept before Geni. 

Famiva&#039;s Java-applet based animated family network visualizer is also cool, plus it has many features designed to keep families stay current and keep coming back. MyHeritage and KinKafe are also worth a look. And then there&#039;s the flashy Famundo. Geni is not alone in the Family 2.0 space. It does somehow grab most attention on the blogosphere. Kudos to Geni blog-comments-team for that! :)</description>
		<content:encoded><![CDATA[<p>Geni&#8217;s family tree builder is really nice but MyFamily.com was the first to realize the market, Amigila.com was the first to build a Flash-based family tree tool. Famiva went limited beta with the viral family tree concept before Geni. </p>
<p>Famiva&#8217;s Java-applet based animated family network visualizer is also cool, plus it has many features designed to keep families stay current and keep coming back. MyHeritage and KinKafe are also worth a look. And then there&#8217;s the flashy Famundo. Geni is not alone in the Family 2.0 space. It does somehow grab most attention on the blogosphere. Kudos to Geni blog-comments-team for that! <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Andrew</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1394823</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Fri, 25 May 2007 03:51:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1394823</guid>
		<description>Hey Crashed, Again, sorry about this!  Can you send an email to help@geni.com with any more details you can tell us.  We&#039;ve never seen this happen on any of our test machines and would like to find the problem.  Thanks.</description>
		<content:encoded><![CDATA[<p>Hey Crashed, Again, sorry about this!  Can you send an email to <a href="mailto:help@geni.com">help@geni.com</a> with any more details you can tell us.  We&#8217;ve never seen this happen on any of our test machines and would like to find the problem.  Thanks.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Crashed, Again.</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1394791</link>
		<dc:creator>Crashed, Again.</dc:creator>
		<pubDate>Fri, 25 May 2007 03:28:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1394791</guid>
		<description>It&#039;s good you provided a screenshot.   The odd times I&#039;ve tried to visit Geni, it&#039;s been down.  

Now is a particularly good one: it downloads a bunch of items then locks up IE or FF.  Nothing renders.  Maybe an out-of-control swf.  Beta is fine.  Don&#039;t serve your pages if you don&#039;t want.  But please don&#039;t crash my whole browser.</description>
		<content:encoded><![CDATA[<p>It&#8217;s good you provided a screenshot.   The odd times I&#8217;ve tried to visit Geni, it&#8217;s been down.  </p>
<p>Now is a particularly good one: it downloads a bunch of items then locks up IE or FF.  Nothing renders.  Maybe an out-of-control swf.  Beta is fine.  Don&#8217;t serve your pages if you don&#8217;t want.  But please don&#8217;t crash my whole browser.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Dave Kaufman - Techlife</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1389404</link>
		<dc:creator>Dave Kaufman - Techlife</dc:creator>
		<pubDate>Tue, 22 May 2007 19:30:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1389404</guid>
		<description>@ Grzegorz - Interesting valuation formula and target for Geni.  I don&#039;t know if they have 18 Million accounts, but like Michael writes your initial network can grow fast if your dad (older generation) can easily use the site.

Full disclosure: They sent me some swag, and I am giving it away to anyone who has a dad,  ;-)  in my unofficial Geni contest, where I am asking people to answer my straw poll, &quot;would their dad use Geni?&quot;

http://www.dkworldwide.com/techlife/archives/2007/05/17/un-officialwhos-your-daddy-geni-contest/trackback/</description>
		<content:encoded><![CDATA[<p>@ Grzegorz &#8211; Interesting valuation formula and target for Geni.  I don&#8217;t know if they have 18 Million accounts, but like Michael writes your initial network can grow fast if your dad (older generation) can easily use the site.</p>
<p>Full disclosure: They sent me some swag, and I am giving it away to anyone who has a dad,  <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' />   in my unofficial Geni contest, where I am asking people to answer my straw poll, &#8220;would their dad use Geni?&#8221;</p>
<p><a href="http://www.dkworldwide.com/techlife/archives/2007/05/17/un-officialwhos-your-daddy-geni-contest/trackback/" rel="nofollow"></a><a href='http://www.dkworldwide.com/techlife/archives/2007/05/17/un-officialwhos-your-daddy-geni-contest/trackback/'>http://www.dkwo...test/trackback/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Grzegorz Daniluk</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386896</link>
		<dc:creator>Grzegorz Daniluk</dc:creator>
		<pubDate>Mon, 21 May 2007 11:21:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386896</guid>
		<description>According to network effect, the strength of a network is equal to the square of the network users number. Some PayPal guy said this.

It would be interesting to compute Geni valuation taking into account MySpace valuation (6 billions) and users number (140 millions). Roughly Geni to be worth $100 million should have over 18 million accounts.</description>
		<content:encoded><![CDATA[<p>According to network effect, the strength of a network is equal to the square of the network users number. Some PayPal guy said this.</p>
<p>It would be interesting to compute Geni valuation taking into account MySpace valuation (6 billions) and users number (140 millions). Roughly Geni to be worth $100 million should have over 18 million accounts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Drama 2.0</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386749</link>
		<dc:creator>Drama 2.0</dc:creator>
		<pubDate>Mon, 21 May 2007 08:45:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386749</guid>
		<description>&quot;If they can become the (or one of the) de facto ways that people share family experiences like weddings, funerals, anniversaries and birthdays, it could become an important part of people’s online life. If that happens, the $100 million valuation will look like a steal.&quot;

That&#039;s a huge if. When investors start giving $100 million valuations, there should be a lot less &quot;if&quot; and a significant amount of validation. The idea that a two month old, pre-revenue startup has created anything that could reasonably be valued at $100 million is absurd.

Right now it looks like Geni has been successful in generating signups but much less successful in actually growing an active userbase. These new features might be the key to doing just that, but I&#039;m still skeptical. At the end of the day, these features are standard on every other social network out there, and given the saturation of the social networking market in general, I doubt that any single player, or group of players, is going to become the de facto standard for the way families share their experiences. There are far too many existing destinations and I don&#039;t see Geni defragmenting the market.

This doesn&#039;t mean that Geni doesn&#039;t have the potential to create a valuable business, but a $100 million valuation on the second round sets the bar about as high as it can go. I have to question whether the investors really believed that there&#039;s a chance this will ever sell at a price that would get them a 3-5x return on their investment when they cut a check. The risk/reward proposition here seems to be awfully uncompelling.</description>
		<content:encoded><![CDATA[<p>&#8220;If they can become the (or one of the) de facto ways that people share family experiences like weddings, funerals, anniversaries and birthdays, it could become an important part of people’s online life. If that happens, the $100 million valuation will look like a steal.&#8221;</p>
<p>That&#8217;s a huge if. When investors start giving $100 million valuations, there should be a lot less &#8220;if&#8221; and a significant amount of validation. The idea that a two month old, pre-revenue startup has created anything that could reasonably be valued at $100 million is absurd.</p>
<p>Right now it looks like Geni has been successful in generating signups but much less successful in actually growing an active userbase. These new features might be the key to doing just that, but I&#8217;m still skeptical. At the end of the day, these features are standard on every other social network out there, and given the saturation of the social networking market in general, I doubt that any single player, or group of players, is going to become the de facto standard for the way families share their experiences. There are far too many existing destinations and I don&#8217;t see Geni defragmenting the market.</p>
<p>This doesn&#8217;t mean that Geni doesn&#8217;t have the potential to create a valuable business, but a $100 million valuation on the second round sets the bar about as high as it can go. I have to question whether the investors really believed that there&#8217;s a chance this will ever sell at a price that would get them a 3-5x return on their investment when they cut a check. The risk/reward proposition here seems to be awfully uncompelling.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: webELVIS</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386703</link>
		<dc:creator>webELVIS</dc:creator>
		<pubDate>Mon, 21 May 2007 07:42:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386703</guid>
		<description>It&#039; would be very interessting who really is the first mover... Check out this one... http://www.familyone.de/</description>
		<content:encoded><![CDATA[<p>It&#8217; would be very interessting who really is the first mover&#8230; Check out this one&#8230; <a href="http://www.familyone.de/" rel="nofollow"></a><a href='http://www.familyone.de/'>http://www.familyone.de/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386617</link>
		<dc:creator>David</dc:creator>
		<pubDate>Mon, 21 May 2007 05:47:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386617</guid>
		<description>I&#039;m wondering in what way Geni is different from http://familyecho.com/, which already has photo upload and GEDCOM download and upload? Sure, the graphic design of Geni is better, but is that enough to justify a $100MM valuation?</description>
		<content:encoded><![CDATA[<p>I&#8217;m wondering in what way Geni is different from <a href="http://familyecho.com/" rel="nofollow"></a><a href='http://familyecho.com/'>http://familyecho.com/</a>, which already has photo upload and GEDCOM download and upload? Sure, the graphic design of Geni is better, but is that enough to justify a $100MM valuation?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: whoopee</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386517</link>
		<dc:creator>whoopee</dc:creator>
		<pubDate>Mon, 21 May 2007 03:55:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386517</guid>
		<description>&quot;Many of the web 2.0 companies launched here in the US believe their markets are somehow computer-bound, English only, white middle class males with endless time on their hands. &quot;

which is exactly correct. climb out over the santa cruz mountains and you will find the 80% of americans who do not know what a blog is or the otherwise massive groups of people who have never heard of myspace or flickr. none of the crap we call &quot;web2&quot; resonates with ANYONE but the single white males of our four or five major metro areas, and not even all of them</description>
		<content:encoded><![CDATA[<p>&#8220;Many of the web 2.0 companies launched here in the US believe their markets are somehow computer-bound, English only, white middle class males with endless time on their hands. &#8221;</p>
<p>which is exactly correct. climb out over the santa cruz mountains and you will find the 80% of americans who do not know what a blog is or the otherwise massive groups of people who have never heard of myspace or flickr. none of the crap we call &#8220;web2&#8243; resonates with ANYONE but the single white males of our four or five major metro areas, and not even all of them</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: whoopee</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386510</link>
		<dc:creator>whoopee</dc:creator>
		<pubDate>Mon, 21 May 2007 03:49:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386510</guid>
		<description>i continue to be astounded by the glib optimism people cast upon any dreck that floats its way on to techcrunch. geni is garbage. whoopee, i can draw a line between me and my dad and my fifth cousin. i don&#039;t need a website to tell me my cousin is my cousin. everyone who is using a $100 million number here realizes it is absurd, they are just hoping to find some dumb money out there to fall for it</description>
		<content:encoded><![CDATA[<p>i continue to be astounded by the glib optimism people cast upon any dreck that floats its way on to techcrunch. geni is garbage. whoopee, i can draw a line between me and my dad and my fifth cousin. i don&#8217;t need a website to tell me my cousin is my cousin. everyone who is using a $100 million number here realizes it is absurd, they are just hoping to find some dumb money out there to fall for it</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Michael Arrington</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386479</link>
		<dc:creator>Michael Arrington</dc:creator>
		<pubDate>Mon, 21 May 2007 03:20:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386479</guid>
		<description>Hey Devin, valuation does not equal annual ebitda. A popular way to value companies is based on discounted cash flow (to take into account the fact that money later is worth less than money now). For a pre-revenue company like Geni, valuation is based on what people will pay for it, and CRV set that price at $100 m. Idiots they may be, but your comment illustrates a fundamental misunderstanding of how assets are valued by financial markets.</description>
		<content:encoded><![CDATA[<p>Hey Devin, valuation does not equal annual ebitda. A popular way to value companies is based on discounted cash flow (to take into account the fact that money later is worth less than money now). For a pre-revenue company like Geni, valuation is based on what people will pay for it, and CRV set that price at $100 m. Idiots they may be, but your comment illustrates a fundamental misunderstanding of how assets are valued by financial markets.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jonathan</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386477</link>
		<dc:creator>Jonathan</dc:creator>
		<pubDate>Mon, 21 May 2007 03:20:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386477</guid>
		<description>Liza your comments make sense but as you know social networks are dominant in different areas.  Orkut is huge in Brazil and India while Bebo is very popular in the UK.  TechCrunch has already featured numerous sites that are rip-offs of US sites that have garnered great success abroad.  If Geni is indeed valuable, there will be a Latino knockoff called &quot;MiFamilia.com&quot; and an Indian one and a Chinese one and they will all destroy Geni.com</description>
		<content:encoded><![CDATA[<p>Liza your comments make sense but as you know social networks are dominant in different areas.  Orkut is huge in Brazil and India while Bebo is very popular in the UK.  TechCrunch has already featured numerous sites that are rip-offs of US sites that have garnered great success abroad.  If Geni is indeed valuable, there will be a Latino knockoff called &#8220;MiFamilia.com&#8221; and an Indian one and a Chinese one and they will all destroy Geni.com</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: liza</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386433</link>
		<dc:creator>liza</dc:creator>
		<pubDate>Mon, 21 May 2007 02:28:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386433</guid>
		<description>There&#039;s quite a few errors in my comments but this one needs to be cleaned up : 

&gt;&gt;GENI is overpriced for their lack of a ‘right off the bat and on the front page’ global strategy and vision. They need to at least incorporate all the languages that are **AT** least spoken in the United States to make their mission credible.

Also, the PDF panel had some of the smartest people I know talking about the intersections of globalization and technology : Cheryl Contee, Anil Dash, Chris Rabb and our moderator,  Ruby Sinreich. 

http://pdf2007.confabb.com/conferences/PDF2007/sessions/5556/details

Liza Sabater, Publisher
http://culturekitchen.com</description>
		<content:encoded><![CDATA[<p>There&#8217;s quite a few errors in my comments but this one needs to be cleaned up : </p>
<p>&gt;&gt;GENI is overpriced for their lack of a ‘right off the bat and on the front page’ global strategy and vision. They need to at least incorporate all the languages that are **AT** least spoken in the United States to make their mission credible.</p>
<p>Also, the PDF panel had some of the smartest people I know talking about the intersections of globalization and technology : Cheryl Contee, Anil Dash, Chris Rabb and our moderator,  Ruby Sinreich. </p>
<p><a href="http://pdf2007.confabb.com/conferences/PDF2007/sessions/5556/details" rel="nofollow"></a><a href='http://pdf2007.confabb.com/conferences/PDF2007/sessions/5556/details'>http://pdf2007....ns/5556/details</a></p>
<p>Liza Sabater, Publisher<br />
<a href="http://culturekitchen.com" rel="nofollow"></a><a href='http://culturekitchen.com'>http://culturekitchen.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: liza</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386427</link>
		<dc:creator>liza</dc:creator>
		<pubDate>Mon, 21 May 2007 02:20:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386427</guid>
		<description>I find Tara and Jay&#039;s juxtaposition funny because it kind of captures the point I made at my panel at Personal Democracy Forum (and which, btw, Tara attended). 

My panel at Personal Democracy Forum was, &#039;Is Cyberspace Colorblind?&#039; but I tweaked my focus to talk about how the cultural myopia of a lot of Web 2.0 companies is manifested in their design and user interfaces. Many of the web 2.0 companies launched here in the US believe their markets are somehow computer-bound, English only, white middle class males with endless time on their hands. I can&#039;t think of any one outside of Six Apart who have used linguistic and cultural diversity as part of their core business model, and not just an after effect of success.

I agree with Jay when he says that most Americans wouldn&#039;t use GENI because of the culture&#039;s fetish for the nuclear family ... but those &#039;Americans&#039; may well not be included in the 100.7 million &#039;majority of minorities&#039; accounted by the US census. Jay&#039;s &#039;Americans&#039; may well not account for the largest  group of the &#039;majority of minorities&#039; --the 44.3 million Latinos who make up now more than 12% of the US population. 

GENI could be a bargain if it had the balls to think of itself as a global company, making it possible for families across language and territorial divides to come together online .... but guess what? It lacks cojones. Just look at it&#039;s front page and pretend, for one minute, you speak a language other than English ... yah. 

Diversity cannot be a dirty word for web 2.0 companies. It has to be grabbed not only as a market opportunity but as a market necessity ---look at what happened to Friendster and Orkut when the Brazilians took over. Does anybody ever remember when English-only Americans were displace at Photolog.net --and how ghastly unprepared they were to handle that?

GENI is overpriced for their lack of a &#039;right off the bat and on the front page&#039; global strategy and vision. They need to at least incorporate all the languages that are least spoken in the United States to make their mission credible. 

Or grow a culturally diverse pair. 

Liza Sabater, Publisher
http://culturekitchen.com</description>
		<content:encoded><![CDATA[<p>I find Tara and Jay&#8217;s juxtaposition funny because it kind of captures the point I made at my panel at Personal Democracy Forum (and which, btw, Tara attended). </p>
<p>My panel at Personal Democracy Forum was, &#8216;Is Cyberspace Colorblind?&#8217; but I tweaked my focus to talk about how the cultural myopia of a lot of Web 2.0 companies is manifested in their design and user interfaces. Many of the web 2.0 companies launched here in the US believe their markets are somehow computer-bound, English only, white middle class males with endless time on their hands. I can&#8217;t think of any one outside of Six Apart who have used linguistic and cultural diversity as part of their core business model, and not just an after effect of success.</p>
<p>I agree with Jay when he says that most Americans wouldn&#8217;t use GENI because of the culture&#8217;s fetish for the nuclear family &#8230; but those &#8216;Americans&#8217; may well not be included in the 100.7 million &#8216;majority of minorities&#8217; accounted by the US census. Jay&#8217;s &#8216;Americans&#8217; may well not account for the largest  group of the &#8216;majority of minorities&#8217; &#8211;the 44.3 million Latinos who make up now more than 12% of the US population. </p>
<p>GENI could be a bargain if it had the balls to think of itself as a global company, making it possible for families across language and territorial divides to come together online &#8230;. but guess what? It lacks cojones. Just look at it&#8217;s front page and pretend, for one minute, you speak a language other than English &#8230; yah. </p>
<p>Diversity cannot be a dirty word for web 2.0 companies. It has to be grabbed not only as a market opportunity but as a market necessity &#8212;look at what happened to Friendster and Orkut when the Brazilians took over. Does anybody ever remember when English-only Americans were displace at Photolog.net &#8211;and how ghastly unprepared they were to handle that?</p>
<p>GENI is overpriced for their lack of a &#8216;right off the bat and on the front page&#8217; global strategy and vision. They need to at least incorporate all the languages that are least spoken in the United States to make their mission credible. </p>
<p>Or grow a culturally diverse pair. </p>
<p>Liza Sabater, Publisher<br />
<a href="http://culturekitchen.com" rel="nofollow"></a><a href='http://culturekitchen.com'>http://culturekitchen.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TechCrunch Japanese</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386425</link>
		<dc:creator>TechCrunch Japanese</dc:creator>
		<pubDate>Mon, 21 May 2007 02:18:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386425</guid>
		<description>&lt;strong&gt;Geni―あの$100 millionの評価額が本物に...&lt;/strong&gt;

家系図サイトのGeniが、Charles River Venturesのベンチャーラウンドで、生後2ヶ月のスタートアップにして$100 M（1億ドル）を調達したと発表した時には誰もが驚かされた。ここ数ヶ月というも.....</description>
		<content:encoded><![CDATA[<p><strong>Geni―あの$100 millionの評価額が本物に&#8230;</strong></p>
<p>家系図サイトのGeniが、Charles River Venturesのベンチャーラウンドで、生後2ヶ月のスタートアップにして$100 M（1億ドル）を調達したと発表した時には誰もが驚かされた。ここ数ヶ月というも&#8230;..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Devin Smith</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386407</link>
		<dc:creator>Devin Smith</dc:creator>
		<pubDate>Mon, 21 May 2007 01:51:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386407</guid>
		<description>Michael -

You are sounding like a moron now, and clearly someone who has never run a business.  You might be able to say....&quot;if they keep building this, someone might actually just pay $100mm for the functionality&quot;, but you can&#039;t say they will every actually be worth $100mm based on ad revenue.  To get there, they would need to earn $10mm in Ebitda annually.  Unless every family in the US uses them daily, or a bunch pay a subscription fee, this will not happen - or come close to happen.   Ad supported businesses are very hard and only work with scale.

The only people sillier than you are the idiots at Charles River, who must have been smocking the crack pipe when they thought this was a good idea.

Devin</description>
		<content:encoded><![CDATA[<p>Michael -</p>
<p>You are sounding like a moron now, and clearly someone who has never run a business.  You might be able to say&#8230;.&#8221;if they keep building this, someone might actually just pay $100mm for the functionality&#8221;, but you can&#8217;t say they will every actually be worth $100mm based on ad revenue.  To get there, they would need to earn $10mm in Ebitda annually.  Unless every family in the US uses them daily, or a bunch pay a subscription fee, this will not happen &#8211; or come close to happen.   Ad supported businesses are very hard and only work with scale.</p>
<p>The only people sillier than you are the idiots at Charles River, who must have been smocking the crack pipe when they thought this was a good idea.</p>
<p>Devin</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jonathan</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386391</link>
		<dc:creator>Jonathan</dc:creator>
		<pubDate>Mon, 21 May 2007 01:29:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386391</guid>
		<description>Gary - understand the difference between a subject and an object?</description>
		<content:encoded><![CDATA[<p>Gary &#8211; understand the difference between a subject and an object?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Gary King</title>
		<link>http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/comment-page-1/#comment-1386329</link>
		<dc:creator>Gary King</dc:creator>
		<pubDate>Sun, 20 May 2007 23:34:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/2007/05/20/geni-earning-that-100-million-valuation/#comment-1386329</guid>
		<description>Jay, I don&#039;t know, me and my family (I&#039;m practically the youngest in it!) are having a blast on Geni! We&#039;re all getting to know each other a lot better, just like Tara is, apparently, so I love the site. If you ask me whether the site is worth $100 million or not, I&#039;ll tell you point blank that I have no idea. But, I do know that the site is at least valuable to me.</description>
		<content:encoded><![CDATA[<p>Jay, I don&#8217;t know, me and my family (I&#8217;m practically the youngest in it!) are having a blast on Geni! We&#8217;re all getting to know each other a lot better, just like Tara is, apparently, so I love the site. If you ask me whether the site is worth $100 million or not, I&#8217;ll tell you point blank that I have no idea. But, I do know that the site is at least valuable to me.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
