Comments on: Spanish Social Network, Wamba, Scores 3M Euros in Funding from Early Skype Investor http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/ Startup and Technology News Sun, 20 Jul 2008 22:36:12 +0000 http://wordpress.org/?v=2.5.1 By: free mp3 ringtones maker http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-2173436 free mp3 ringtones maker Mon, 14 Apr 2008 12:54:11 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-2173436 <strong>bank one online credit card bank card credit one online payment...</strong> ... bank one online credit card bank card credit one online payment…

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]]> By: Wamba rompe esquemas en la Web 2.0 y en las redes sociales : Unión de Bloggers Hispanos http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1678394 Wamba rompe esquemas en la Web 2.0 y en las redes sociales : Unión de Bloggers Hispanos Tue, 16 Oct 2007 17:30:43 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1678394 [...] más y nada menos que 3 millones de €uros, como han ido avanzando durante estas semanas tanto en TechCrunch como en [...] [...] más y nada menos que 3 millones de €uros, como han ido avanzando durante estas semanas tanto en TechCrunch como en [...]

]]> By: Edo van Santen TV4B http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1652500 Edo van Santen TV4B Sun, 30 Sep 2007 08:28:49 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1652500 a video interview, at The Next Web 2007 conference in Amsterdam, with founder Enrique Dubois, can be seen on TV4B: see http://www.tv4b.com/index.php?page=watch&f_videoid=230 a video interview, at The Next Web 2007 conference in Amsterdam, with founder Enrique Dubois, can be seen on TV4B: see http://www.tv4b.com/index.php?.....ideoid=230

]]> By: Lucas Rodriguez Cervera http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651800 Lucas Rodriguez Cervera Sat, 29 Sep 2007 15:07:23 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651800 Great news not only for Wamba, but also for other spanish start-ups. It would be great if we saw more movements of this magnitud in the next months. Great news not only for Wamba, but also for other spanish start-ups. It would be great if we saw more movements of this magnitud in the next months.

]]> By: German http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651650 German Sat, 29 Sep 2007 11:26:29 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651650 Mark: Take a look on this link, the map of social networks http://valleywag.com/tech/data-junkie/the-world-map-of-social-networks-273201.php In spanish and portuguese speaking countries Orkut, Hi5, Myspace and Fotolog (Hi Media company since last month) rules the market. Sonico and Facebook are growing very fast. Buying traffic in Latam is very cheap if Wamba want to build their users base with the Morten's money. RBA: tell us more about blabia :) Mark: Take a look on this link, the map of social networks
http://valleywag.com/tech/data.....273201.php
In spanish and portuguese speaking countries Orkut, Hi5, Myspace and Fotolog (Hi Media company since last month) rules the market.
Sonico and Facebook are growing very fast.
Buying traffic in Latam is very cheap if Wamba want to build their users base with the Morten’s money.

RBA: tell us more about blabia :)

]]> By: Morten http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651497 Morten Sat, 29 Sep 2007 07:51:09 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651497 Kike, Waaaaaaambastic - way to go - www.SmilingFlyer.com are supporting Wamba worldwide Kike, Waaaaaaambastic - way to go - http://www.SmilingFlyer.com are supporting Wamba worldwide

]]> By: RBA http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651403 RBA Sat, 29 Sep 2007 05:42:02 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651403 DT, you could argue that they might have done just fine by giving away 15% for €1M, but a €7.5M valuation for a company of this nature at this stage isn't bad, plus you don't know what they plan to do with the money. Maybe, just maybe they really need €3M. It's funny... When we hear that such or such company got a valuation of $200M we think investors are crazy, we call up the bubble, etc. and when we hear a 7 digits valuation, then we think the entrepreneurs are stupid. DT, you could argue that they might have done just fine by giving away 15% for €1M, but a €7.5M valuation for a company of this nature at this stage isn’t bad, plus you don’t know what they plan to do with the money. Maybe, just maybe they really need €3M.

It’s funny… When we hear that such or such company got a valuation of $200M we think investors are crazy, we call up the bubble, etc. and when we hear a 7 digits valuation, then we think the entrepreneurs are stupid.

]]> By: DT http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651294 DT Sat, 29 Sep 2007 02:44:46 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651294 They gave away 40% for 3 million? Yikes... They gave away 40% for 3 million? Yikes…

]]> By: matias http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651158 matias Fri, 28 Sep 2007 23:50:44 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651158 Kike.............. WAMBA! I love so many people repeating the word! spread the love! spread the wamba! have a womberful day! Kike………….. WAMBA! I love so many people repeating the word! spread the love! spread the wamba! have a womberful day!

]]> By: RBA http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651053 RBA Fri, 28 Sep 2007 22:25:30 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1651053 Rodrigo, Sonico's growth in Alexa is not as organic as it may seem. Before Sonico, the company behind it (FNBox) was running several independent sites that now run under *.sonico.com, such as tupostal.com, now postales.sonico.com, or cumplealerta.com, now cumplealerta.sonico.com. That means that many of the visits scored by Alexa for sonico.com are the result of people going to the older sites and being redirected to the new ones. Note I see nothing wrong with doing that, but it's something to keep in mind when looking at their stats - is the site leveraging all the visits towards the social network? Or many people are still just using the services that before were hosted under different domains? On the other hand, I don't think Vostu got off to a good start. They launched a very successful PR campaign marketing themselves as "The Latino Facebook" but the truth is that the site didn't take off in the first few months, and before you know it, they changed their strategy and now are more a "The Latino Ning" (with differences, people who have used both say that Ning is way more advanced). So the jury is still out for Vostu, although one has to agree their PR campaign was really good (it got you talking about them after all :-) As for the window of opportunity, it all depends. Everyone's doing the same thing, and perhaps what's needed is someone coming up with a different approach (hint: blabia.com) Rodrigo, Sonico’s growth in Alexa is not as organic as it may seem.

Before Sonico, the company behind it (FNBox) was running several independent sites that now run under *.sonico.com, such as tupostal.com, now postales.sonico.com, or cumplealerta.com, now cumplealerta.sonico.com. That means that many of the visits scored by Alexa for sonico.com are the result of people going to the older sites and being redirected to the new ones. Note I see nothing wrong with doing that, but it’s something to keep in mind when looking at their stats - is the site leveraging all the visits towards the social network? Or many people are still just using the services that before were hosted under different domains?

On the other hand, I don’t think Vostu got off to a good start. They launched a very successful PR campaign marketing themselves as “The Latino Facebook” but the truth is that the site didn’t take off in the first few months, and before you know it, they changed their strategy and now are more a “The Latino Ning” (with differences, people who have used both say that Ning is way more advanced). So the jury is still out for Vostu, although one has to agree their PR campaign was really good (it got you talking about them after all :-)

As for the window of opportunity, it all depends. Everyone’s doing the same thing, and perhaps what’s needed is someone coming up with a different approach (hint: blabia.com)

]]> By: Rodrigo http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650932 Rodrigo Fri, 28 Sep 2007 20:28:09 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650932 RBA has it right, latam's social network activity is sparsed among various sites and mirunda is also right with the penetration of Hi5 (the clear winner in mex and carribean countries) Dozens of startups are being launched following the facebook or myspace model... such as hispanito.com, Sonico.com (check alexa) and vostu.com (harvard crowd)... strategies that make sense since latam is at least 4 years behind. Wamba seems to have the right connections, cool name and now the cash. However there is a short window of opportunity in the coming months, probably the SN that get's the network effects rolling the fastest wins. RBA has it right, latam’s social network activity is sparsed among various sites and mirunda is also right with the penetration of Hi5 (the clear winner in mex and carribean countries)

Dozens of startups are being launched following the facebook or myspace model… such as hispanito.com, Sonico.com (check alexa) and vostu.com (harvard crowd)… strategies that make sense since latam is at least 4 years behind.
Wamba seems to have the right connections, cool name and now the cash. However there is a short window of opportunity in the coming months, probably the SN that get’s the network effects rolling the fastest wins.

]]> By: Jon http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650891 Jon Fri, 28 Sep 2007 19:32:33 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650891 Enrique, Congrats!!! Enrique, Congrats!!!

]]> By: Joe Clark http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650868 Joe Clark Fri, 28 Sep 2007 19:02:48 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650868 “3M Euros” – is that a new product from the makers of Post-it®? I know you’re American, but even an American should be able to type “€3M.” Either that or switch to describing U.S. deals as “3M dollars.” “3M Euros” – is that a new product from the makers of Post-it®?

I know you’re American, but even an American should be able to type “€3M.” Either that or switch to describing U.S. deals as “3M dollars.”

]]> By: Ivan Trajkovic http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650821 Ivan Trajkovic Fri, 28 Sep 2007 18:27:37 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650821 Congrats to Enrique and Morten from EuropeanStartups: http://europeanstartups.com/titles/wambastic-wamba-receives-a-3000000-eur-investment Congrats to Enrique and Morten from EuropeanStartups:

http://europeanstartups.com/ti.....investment

]]> By: Mark Hendrickson http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650813 Mark Hendrickson Fri, 28 Sep 2007 18:22:00 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650813 #7 - Your Daddy: Sorry you were bothered by the exclamatory opening to this post; I gotta put those 5 years of Spanish classes to use somehow =). #9 - Mirunga: Thanks for the tip about hi5; I've updated the post. #7 - Your Daddy: Sorry you were bothered by the exclamatory opening to this post; I gotta put those 5 years of Spanish classes to use somehow =).

#9 - Mirunga: Thanks for the tip about hi5; I’ve updated the post.

]]> By: mirunga http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650754 mirunga Fri, 28 Sep 2007 17:17:48 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650754 Mark - please do a little bit of background research before talking about Spanish speaking social networks. Have you taken a look at hi5.com? It is by far the leading social network for Spanish speaking people. You mention MySpace/Orkut as the Spanish speaking leaders - what a joke. Maybe you need to look at comescore or even Alexa numbers. Try Mexico or any central american country and maybe then you will see who Wamba needs to compete with. http://alexa.com/data/details/traffic_details?url=hi5.com Mark - please do a little bit of background research before talking about Spanish speaking social networks. Have you taken a look at hi5.com? It is by far the leading social network for Spanish speaking people.

You mention MySpace/Orkut as the Spanish speaking leaders - what a joke. Maybe you need to look at comescore or even Alexa numbers. Try Mexico or any central american country and maybe then you will see who Wamba needs to compete with.

http://alexa.com/data/details/.....rl=hi5.com

]]> By: coglethorpe http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650751 coglethorpe Fri, 28 Sep 2007 17:11:44 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650751 @RBA Thanks for the information! @RBA

Thanks for the information!

]]> By: Your Daddy http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650735 Your Daddy Fri, 28 Sep 2007 16:53:41 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650735 As a Valley Latino in High Tech, I can't help but ponder the fact that "¡Que rico!" was used on this one. What's next? Yo quiero Tacobell? Let's just hope you use other languages when this happens to... say Germany? :) Just stirring the crap As a Valley Latino in High Tech, I can’t help but ponder the fact that “¡Que rico!” was used on this one. What’s next? Yo quiero Tacobell? Let’s just hope you use other languages when this happens to… say Germany?

:) Just stirring the crap

]]> By: David Blanco http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650715 David Blanco Fri, 28 Sep 2007 16:37:52 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650715 Congratulations Enrique! Congratulations Enrique!

]]> By: Ed http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650707 Ed Fri, 28 Sep 2007 16:34:51 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650707 @coglethorpe - Says it's focusing on Latin America recently...and the depth and variety of the spanish language from country to country in central and south america is.....astounding! @coglethorpe - Says it’s focusing on Latin America recently…and the depth and variety of the spanish language from country to country in central and south america is…..astounding!

]]> By: James http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650608 James Fri, 28 Sep 2007 15:19:25 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650608 Way to go Morten, Enrique and Matias.. Way to go Morten, Enrique and Matias..

]]> By: RBA http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650569 RBA Fri, 28 Sep 2007 14:40:28 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650569 coglethorpe, unlike in the US or the UK, where most users concentrate in 2-3 sites, the Spanish speaking social networking landscape is a lot more diverse, with over 20 companies with moderate success competing to become THE destination that Facebook/MySpace is to the US or Bebo to the UK. So far, that hasn't happened. I have a handful of favorites but let's not spoil it :-) coglethorpe, unlike in the US or the UK, where most users concentrate in 2-3 sites, the Spanish speaking social networking landscape is a lot more diverse, with over 20 companies with moderate success competing to become THE destination that Facebook/MySpace is to the US or Bebo to the UK. So far, that hasn’t happened. I have a handful of favorites but let’s not spoil it :-)

]]> By: coglethorpe http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650559 coglethorpe Fri, 28 Sep 2007 14:29:37 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650559 Is this website simply for Spain, or can it cross over into any Spanish speaking market? If so, it probably has big long-term potential. Is this website simply for Spain, or can it cross over into any Spanish speaking market? If so, it probably has big long-term potential.

]]> By: Kristian http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650506 Kristian Fri, 28 Sep 2007 14:01:44 +0000 http://www.techcrunch.com/2007/09/28/spanish-social-network-wamba-scores-3m-euros-in-funding-from-early-skype-investor/#comment-1650506 Way to go Morten. I wish you all the best. You are one of the few danish entreprenours I admire. Thanks. Nothing af http://mortenlund.wordpress.com/ yet? Way to go Morten. I wish you all the best. You are one of the few danish entreprenours I admire. Thanks.
Nothing af http://mortenlund.wordpress.com/ yet?

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