Twitter dumped Joyent as its hosting provider late yesterday (see our report here) and it was presumed by some that the switch away form Joyent was due to the poor reliability of the service. We later learnt that Twitter had switched to Verio, and this is where the rumor mill gets interesting.

According to one source, the move to Verio wasn’t related to issues with Joyent, but due to a yet to be disclosed investment from Japanese telco NTT, who are also the full owners of Verio. They did not provide the amount of the investment or terms, but they suggested it was finalized at the same time the Digital Garage investment was announced. Apparently it had been a done deal for months prior to that, hence the talk that Twitter had been planning a move away from Joyent for months. The Digital Garage deal was announced January 16, so presuming reasonable preparations before that, 15 days after signing to make the move is a reasonable enough time frame.

There is some sense in the notion that NTT may have been involved along side Digital Garage in taking a strategic investment in Twitter. Although both companies are separate, they often cross paths in Japan, and staff such as Stuart Woodward have worked for both. Twitter’s still strong roots as a mobile offering would also appeal to NTT, particularly as Google tries to break into Japan with Jaiku one of the platforms they may eventually be offering, and Digital Garage is creating a Japanese version, so all the better if NTT gets the mobile version of that exclusively on their phones. NTT does however have a search deal with Google, but no doubt due to the promised financial returns from it as opposed to any greater love for Larry and Sergey.

This is an unconfirmed tip so we’ve put an email into Twitter for comment on this, and if we get a response we’ll add it.

On the reliability side, the move to Verio isn’t going well for Twitter so far with regular down time, delayed messages and related issues in the just over 24 hours since the move was made. As one wag suggested on Twitter, “even www.istwitterdown.com can’t keep up.”

Kara Swisher’s elves must have Mark Zuckerberg’s number. Because she is reporting details from an all-hands meeting the Facebook founder held on Thursday for employees that had an open dial-in number, in which he revealed the following financial metrics for the still-private company:

2007 Revenues: $150 million

2008 Revenues: $300 to $350 million (projected)

2007 Headcount: 450

2008 Headcount: 1,000 (projected)

2008 Capital Expenditures: $200 million (i.e., servers)

2008 EBITDA: $50 million

2008 Cash Flow (EBITDA – CapEx): negative 150 million.

If he wants to go public in 2009, he is going to have to start making some money before then.

Cooking and recipe sites are a dime a dozen online, but usually they offer generic recipes tailored for people who cook regularly….and despite women’s liberation and equality of the sexes that’s still statistically women.

Culinary Seductions is billed as “the guys guide to cooking for girls” and does just that, offering recipes for men wishing to look smart by cooking for women.

The recipes are split into Dishes/ Course (including “food for the morning after”), difficulty and moods. Moods include decadent, snugly, saucy, sassy, nutty and luscious, but seems to miss out some obvious mood choices for a partner like cranky, irrational and argumentative.

The recipes on offer seem to be reasonable enough; there’s nothing ground breaking in the food but the way its split up is helpful and the instructions are fairly straight forward.

Might be worth a look if you’re a bloke looking for something to cook for your better half.

You can argue all you want about who won the Democratic debate tonight, but all that matters is who wins on Super Tuesday. If viral video is any indicator (and I don’t think it is), Barack Obama is already ahead. From the folks at Barely Political, now part of Next New Networks, here is latest Obama Girl video: Super Obama Girl. It just came out:

Personally, in my book, you can never top the original Obama Girl video. Let’s review (for comparison purposes only):

There’s also the whole YouBama phenomenon,which we broke, and now the Washington Post, Yahoo News, and CNN has picked up. I got an e-mail earlier tonight from YouBama co-founder Christopher Pedregal informing me that “Our servers are melting.” They seem to be back up now. I wonder how long before someone puts the Obama Girl videos on YouBama. Check out Craigslist founder Craig Newmark’s Obama video testimonial. He ain’t no Obama Girl, but he is sincere. Where are all the viral videos for Hillary or McCain?

It should come as no surprise that the ad inventory on social networks like Facebook are not worth much. A new offer by Lookery, a startup that places ads on social apps inside Facebook and Bebo, is offering a guaranteed ad rate of 12.5 cents for every thousand impressions (CPM). The promotion, which runs through April is probably close to what Lookery can get for ads it places on Facebook. Add in 2 cents per thousand impressions for serving the ads and you get to about a 15 cent CPM. That is probably a good average for the bulk of inventory on Facebook, which makes up the vast majority of Lookery’s business.

This is a market-share play for Lookery. By offering a guaranteed rate, it hopes to attract enough application publishers to get to a billion impressions a month, up from 170 million in December. Lookery is smaller than the other major social-app ad networks, like Slide, RockYou, and Social Media. On social networks, more so even than on the Web in general, advertising is obviously a volume game. And Lookery is trying to catch up to the larger app ad networks, which may very well have higher average CPM rates, by taking all the low-hanging penny inventory that is out there.

Find out more here.

Motorola is exploring spinning off its mobile devices unit “to recapture global market leadership and to enhance shareholder value.”

The move comes in an ever increasingly tight market which has seen Apple capture 19.5% of the smartphone market in its first twelve months, a new iPhone style device announced by GPS provider Garmin, and a slew of Android powered phones coming later this year, including at least one mobile phone from computer maker Dell.

Motorola’s mobile phone market share has continued to slide in the face of existing competition with the handset unit recording a $1.2 billion loss in the 4th quarter of 2007.

Although mobile phones are still perhaps the public face of Motorola, the company is also an enterprise provider of communications tools to business, Government and the military.

We’re placing Motorola’s handset unit on Deadpool watch. Motorola has had a mixed track record of spinning off companies, having success with Freescale Semiconductor, however Iridium saw what was once the worlds leading commercial satellite network file for bankruptcy in 1999. A new company based around a business unit with a $1.2 billion loss is going to take some serious work in turning around under normal circumstances, but in a market that will see a slew of new competitors and where a new comer such as Apple can take such a big slice of the market in such a short time, it will be harder again, if not near on impossible.

Cornerworld has acquired social media marketing company Sway Inc for $30 million.

The OTC listed Cornerworld is a relatively unknown social service provider that “combines social networking, content-sharing and business management tools to enable independent people to profit from their original digital works;” a full profile from DemoFall 07 can be found here.

Sway offers a central control platform for administering marketing campaigns across social media and “multiple web 2.0 platforms.” Their key products offer customers real-time results tracking across HTML e-mail, podcasts, video syndication, RSS and SMS mobile phone text messaging.

Update: The deal was terminated on May 1, 2008.

Update: According to an ARIN lookup, Twitter appears to be hosted by Verio now.

Update 2: Twitter has come out on their blog to say that they are now hosted by NTT America.

According to Joyent’s corporate blog, the company stopped hosting Twitter late last night:

Twitter has been officially off Joyent since 10PM last night. This may come as a surprise to some after yesterday’s posts here and here regarding the two companies working together. Those of us at Joyent appreciate the opportunity we had to work with the talented folks at Twitter. It is a great service. We wish Twitter every continued success.

As I mentioned yesterday, Joyent is standing ready with excess free infrastructure to support Twitter through this transition in the event that they need it.

The news comes amidst frequent outage problems that have plagued Twitter. Just last night, Twitter went down again, this time for a “planned maintenance project” that went “far beyond [their] planned time window”. The service has also recently suffered downtime during the State of the Union and Steve Jobs’ keynote at Macworld.

Despite all of these problems, just yesterday both companies were showing strong support for each other on their respective blogs. Both wrote posts (here and here) describing how they were working together to prepare for the Super Bowl this coming Sunday.

When reached over the phone, Joyent’s CEO David Young preferred not to comment on Twitter’s stability issues in particular. He did emphasize that Joyent has free infrastructure on standby should Twitter want to use it again. He also wished Twitter the best of luck, saying the team is amazed at their “great service”.

Biz Stone, co-founder of Twitter, responded to an email inquiry about the situation as such:

We’re still very much engaged in our efforts to bring solid reliability to Twitter. Achieving our goals is a sustained effort, not an overnight fix. Performance is our most important measure of success and we appreciate both the patience and frustration folks are sharing with us.

With regard to discussing technical specifics about last night’s efforts, we’ll be more keen to do that once we have a chance to come up for air and cover it with some perspective.

Given that both companies are reluctant to go into details about the break-up, we’ll just have to see whether more information comes out in time.

[Update 2/12/08: The deal has been confirmed. The price was $160 million.]

We’ve gotten word that Yahoo will make an acquisition announcement of a video startup today or tomorrow. At first we thought the target might be Metacafe, which was almost acquired by Yahoo just following the Google/YouTube deal in 2006. Shortly after, it made a small acquisition in Jumpcut, a Web-based video editor. But It’s not a video aggregator, we’ve heard, but a platform company. And the price is north of $100 million.

The price point limits the number of candidates. Brightcove is our top guess. If it is Brightcove, the price would have to be well north of $100 million, given that investors have poured $86 million into the company so far. More as this develops.

For an excellent overview of the online video space and its participants, see this post written by Brightcove CEO Jeremy Allaire and SVP Marketing Adam Berrey.

Update: It is not Brightcove. It is Maven Networks, another Boston-based video startup, three independent sources confirm. And the price is believed to be $150 million. Maven is a video-hosting platform for media sites, including Fox News, CBS Sports, CNet, and Scripps Networks. But Yahoo would probably want it more for its video-ad network, targeting, and insertion technologies. Maven has raised $30 million to date from investors include Accel, General Catalyst, and Prism Ventures.

Update: It looks like some of us jumped the gun on calling this, including the New York Times. It turns out that there are still enough bidding units left in the C-Block for one or two deep-pocketed companies to still make a bid. So it is not necessarily over yet. Because of the secrecy surrounding the auctions—companies are not allowed to talk about it until it is over—we can only guess what is happening. The post below is entirely speculative.

The most closely-watched part of the wireless auction for the 700 MHz spectrum that started earlier this week appears to be over. The auction for the coveted C-block of spectrum, which is a nationwide license and is subject to special open-device/application rules, might have been won by a $4.7 billion bid—just a smidgen above the $4.6 billion minimum required by the FCC. Until the entire auction is over for the other blocks of spectrum, the FCC won’t disclose who the winner is. But the consensus is that the winner is either Google or Verizon. Update: We’ll see in the following days whether any other bids emerge. This could just be a pause in the bidding.

Bits blogger Saul Hansell at the NYT has been watching the spectrum auction like a hawk. His theory, after looking at the pattern of bidding for the C-block, is that either there were two bidders playing a drawn-out game of chicken or only one bidder slowly raising its price, almost reluctantly. That one bidder could have been Google, which showed its hand earlier by publicly stating it would bid the $4.6 billion minimum to support its suggested open access rules (and stuck by that pledge even though only two of its four suggested rules were adopted ).

Verizon could have sat the auction out, deciding not to bid and instead watch Google squirm as it realized it was the only one in the game. There is a lot of skepticism about how serious Google really is in its desire to actually win the auctions as opposed to influence their outcome and the rules of the game. When it became apparent that there was only one other bidder in the early rounds of the auction, Verizon could have calculated that Google would bid just shy of the $4.6 billion if it realized it was on its own. If that had happened, the FCC would have almost certainly re-auctioned the C-block at a later date without any of those pesky open-device and open-application rules that Verizon really doesn’t like.

But somebody did make the minimum bid, and those rules will be in effect. If Google indeed was the lone bider, it might have just swallowed hard and decided to go ahead and buy the spectrum. Maybe it was worth more to Verizon to see Google pay a $4.7 billion penalty for stepping on its turf than to have the spectrum for itself. Or maybe it wanted the spectrum all along, and it waited until the last minute to put in the minimum bid, betting that Google wouldn’t respond. Either way, Verizon might feel like it snookered Google on this one.

But we’ll all be better off for it because whoever builds the next wireless network on this spectrum won’t be able to discriminate between devices or applications. And if it turns out that Google did in fact win, there would be nothing stopping it from pursuing its two other goals of opening the network up to other service providers through wholesale leasing and other networks (both wireless and wireline) as well. That would help make the wireless world less a collection of silos and more Internet-like.

So who snookered who?

(Photo by Steve Jurvetson)

What’s not to love about free 411 calls? Jingle Networks, which operates 1-800-FREE411, says it has sold out its entire inventory of sponsorship ads for 2008. These are ten-second audio spots that you listen to before you get your free directory assistance from national sponsors like AMC Theaters, Earthlink, Cablevision, McDonald’s, Miller Brewing, and Nationwide. Jingle has actually sold only half of its inventory, though, since there are two ad spots per call—one for national sponsors and one for local/targeted ads. It is the first spot that is sold out. But selling half of your inventory for the year by the end of January is not a bad place to be. (The second ad spot is typically sold out one to two months in advance and more on a cost-per-call basis).

1-800-FREE411 is getting 20 million directory-assistance call a month, which is up 18 percent from last March. The company says that gives it a 6 percent market share of the 3.8 billion total 411 calls placed in the U.S. annually (up from 4 percent about a year ago). 1-800-FREE411 is more of a mobile and pure telephone play. It’s Website, where you can also get free directory numbers and is integrated with Skype, is basically an afterthought. Traffic to the site has declined from a peak of about 850,000 U.S. visitors a month a year ago to less than 100,000 a month, according to comScore. But then, you can get phone numbers on the Web simply by searching Google.

Parent company Jingle Networks has raised nearly $75 million in four rounds from First Round Capital, Goldman Sachs, IDG Ventures Boston, and Hearst.

KickApps is implementing a lot of new features and capabilities with its newest release, version 3.0, which debuts today. For a complete list of the improvements, you can check out the company’s official release (see the summary in the second half).

The upgrades are largely divided between those that appeal to advanced publishers and those that appeal to novice consumers. The API Developer Kit, which we covered just a little while ago but is still considered as part of this release, certainly appeals to the technically advanced by allowing them to access KickApps’ architecture directly. More sophisticated network activity reporting will also appeal to advanced users who need to track the “performance” of their online communities.

In the other camp, we have new tools that help non-technical people build social networks with KickApps. As the press release puts it, “anyone can launch a full-featured social media community in minutes.” This was always true with KickApps, strictly speaking, but until now the company has never made it easy for people lacking HTML and CSS skills to make attractive, non-standard sites.

Now the platform provides not only a selection of site themes but also a WYSIWYG Site Styler that lays on top of your site and lets you point and click your way to a new look. The Affiliate Center (KickApps’s term for a site’s control panel) has also been redesigned to hold the hands of novice users a bit more. If you haven’t created a video, added a forum, or loaded a profile picture, it will suggest you take these steps to foster your community. A new Flash-based widget studio, announced in beta today but not yet available publicly, will also make the creation of advanced widgets more feasible for regular consumers.

KickApps has always differentiated itself from competitor Ning by focusing on content publishers and media companies. While Ning appeals to individuals who want to easily set up social networks for their various interests, KickApps appeals more to organizations who are looking for ways to publish and market their content online through social media. KickApps insists that its new tools are targeted at its own long tail, not Ning’s; that is to say, intended for smaller yet still serious content publishers. However, the more accessible KickApps makes its product – and this release is predominantly about making it more accessible – the more it will overlap with Ning and compete directly with that company.

When it comes to peer-to-peer file-sharing, as soon as one site is shut down, another takes its place. The current darling of the P2P world is the Pirate Bay, a search engine for BitTorrent files across the Web. It doesn’t actually host any of the files, but that is not stopping Swedish prosecutors from dragging them into court on behalf of Warner Bros., Colombia Pictures, 20th Century Fox, Sony BMG, Universal and EMI.

According to one of those prosecutors, the Pirate Bay makes $4 million a year from advertising on its site. That site is currently tracking one million BitTorrent files, has 2.5 million registered users, and has peaked at more than 10 million simultaneous users downloading files at one time. That comes to $1.60 per registered user per year in terms of what they are worth to advertisers. Not a very high rate.

But then, this is a volume business.

Widgetbox, a platform for the creation and distribution of web widgets, has raised $8M in a Series B round of financing led by Northgate Capital and joined by Sequoia Capital and Hummer Winblad.

The company provides tools for both novice and advanced developers to create a variety of widgets, from simple embeddable RSS feed readers (called “blidgets”) to full social network applications for Facebook and Bebo. I first met the WidgetBox team at Bebo’s platform launch event, as it had helped create at least one of the applications that launched there. Out of the 956 applications now available on Bebo, 60% have been created using Widgetbox’s “app accelerator” tool. The company also claims that 15% of the applications on Facebook have been created using its tools.

Since the widget business seems to be a lot about the numbers, here are some more: Widgetbox hosts almost 34,000 widgets in its gallery (the largest gallery on the web according to them) and these spread across over 210,000 domains and created by over 20,000 developers. Every day their widgets are viewed about 12M times. About half of Widgetbox’s advanced developers use Flash, whereas the other half use server-side languages like PHP or JSP. Widget usage on places like Blogger and MySpace is still very strong and growing. Expect to see even greater distribution when OpenSocial finally comes of age.

Widgetbox says that it will use its new funds to scale operations, promote further distribution of its widgets, and develop its monetization strategy and revenue share program. Currently, revenue is only being generated from Facebook applications that have opted in to putting ads on their canvas pages. Widgetbox will be working to create other opportunities for generating and sharing revenue with its developers, some of which will involve advertising and some which may not.

Amazon is betting big on digital media. This morning it announced the $300 million acquisition of Audible (a 7 percent premium to Audible’s $280 million market cap at the time of this writing). Audible is the leading provider of audio books in digital form, with a library of 80,000 titles. As Amazon begins to generate a greater share of its revenues from digital media, owning a digital publisher will help its margins. It should be able to offer audiobooks at a lower cost, which in turn will help grow that segment of its sales.

There is no doubt that as media becomes more digital, Amazon sees it as critical for its future. Media accounts for 59 percent of Amazon’s sales, most of that still being physical books , CDs, and DVDs. But towards the end of yesterday’s earnings call, Amazon CEO Jeff Bezos hinted at the growing importance of digital media for Amazon:

When media was largely physical, it made sense to buy it in the physical world. But as media becomes digital it does not make so much sense to buy them in the physical world. The bulk of the sales now are in the physical world. So our relative advantage over time should improve.

Amazon will be able to sells Audible’s audio books through its MP3 download store, in its regular book section, or directly to its Kindle electronic book reader, which has a headphone jack and can play MP3s. It is not clear how the deal will effect Audible’s relationship with Apple, though, since Audible’s books are sold through the iTunes Store as well. But Amazon just added about $90 million in annual sales to its revenues with this acquisition, and a leadership position in spoken-word digital content.

When it comes to connecting with new friends safely and privately, Jangl fits the bill. The “Social Communications Widget” lets you make calls, send SMSs, and leave voice mails without exposing anyone’s phone number through a simple widget.

In contrast to their competitor, Jaxtr, they’ve been mainly spreading through a series of direct deals with social networking sites (Match.com, Tagged, AdultFriendFinder, and Fubar) and a Facebook/Bebo application (potentially on 80 million profiles). Jaxtr, on the other hand, has been spreading mainly through email links and personal websites (5 million users in under 5 months).

Now they’ve forged a deal to be featured on the maverick of dating sites, PlentyOfFish. PlentyOfFish is like every other dating site you’ve heard of, but free. Free has actually paid off pretty well for founder Markus Frind, who runs the site from his Vancouver apartment and takes in over $10 million a year in advertising.

Comscore ranked the site the number one dating site in December 2007, with an average of 1.3 billion page views a month (70,000 sessions and 3 million page views an hour).

Jangl’s widget will let daters call each other, send SMSs, and leave voice mails all without sharing a real number. The functionality makes it easy to take the next step in a relationship without sacrificing privacy, or just discreet phone sex. Calls will be terminated on Jajah’s servers as part of their existing relationship. Like PlentyOfFish itself, Jangl will be monetizing the service through text advertising; a first for the company. On other sites, the service is either ad-free or paid for as part of membership (match.com).

I’ve found social calling widgets (particularly Jaxtr and Jangl) to be the most attractive part of the VOIP market because they’re not competing in a race to the lowest calling rates, but adding real utility to our existing phone lines. Other voice widgets include Ccube, Tringme, and Snapvine. While monetization is still somewhat up in the air, both companies are testing out business models (paid Jaxtr minutes, or Jangl’s revenue sharing). Going forward we’ll see which models do and don’t work. I also expect both companies to continue adopting more advanced features similar to Google’s GrandCentral.

Today, Web-based IM and chat room provider Meebo is releasing full-fledged APIs for its Meebo Rooms that will allow Websites to embed chat functionality in an automated fashion. Currently, Meebo Rooms can be embedded on sites or blogs manually by pasting in the appropriate code, which has already led to a proliferation of such widgets. There are more than 200,000 Meebo Rooms, attracting millions of visitors a month. (See our previous coverage here and here). Explains Meebo CEO Seth Sternberg:

Now, the servers of our partners can say, “I want to create a room.” It automates the creation process on a server-to-server basis. Also, we will be putting advertising into these rooms.

In addition to the APIs, the company is also announcing the Meebo Network, which will serve ads inside Meebo Rooms across the Web, splitting the revenues with the Websites hosting the rooms. Since each Meebo Room is formed around a particular interest, ads can be targeted. And to the extent that sites participating in the network have demographic data on their members, that can be used for ad targeting as well. Only Meebo Rooms created through the API will show ads, not the ones created manually.

The launch partners joining the Meebo Network are Piczo, Revision3, RockYou, Social Project, and Tagged. Revision3, for instance, will create a Meebo room on its site where fans can watch a synchronized loop of Web TV shows while chatting. Access to the full APIs and the ad network is by invitation only at this point. Social networks could use the new APIs to automatically add chat rooms to every group page. Rock bands or movie sites could add Meebo Rooms to their sites for visiting fans.

Comparisons can be made here to Userplane, a white-label chat service which was bought by AOL in 2006 and powers many of the chat rooms on MySpace. But there are subtle differences. Most notable is the fact that Meebo Rooms can spread anywhere on the Web. Anyone can grab the embed code and put it on their blog or MySpace page as I’ve done below. Notes Sternberg:

A user cannot take a room off of MySpace and throw it somewhere else. We have all our rooms networked. A user can take the CBS Jericho room, and throw it on their Wordpress blog. Our chat rooms are networked versus islands within Websites.

It is very hard to get a synchronous conversation going. You won’ get enough people on your MySpace page to have a conversation. But with Meebo Rooms, most of the traffic is coming from somewhere else. It solves the problem of the Web being so distributed.

The power of Meebo Rooms is that they let anyone create live conversations on their site by aggregating people with similar interests from other sites. In fact, it links people between sites. And that, hopes Sternberg, will give it enough scale to become an ad network of sorts. Meebo has raised $12.5 million from Sequoia Capital and Draper Fisher Jurvetson.

When Jeff Taylor launched old-people social network Eons in August 2006, he couldn’t use the site. That’s because the minimum age was 50, and he was just 45.

That was the first warning sign that this thing was headed to the deadpool.

Our initial review of the site was a thumbs down. Not only is it ridiculous that the founder and visionary for the service couldn’t actually use it, we found it to be poorly organized. It included depressing features like an obituary section (that must be fun to read every day when you log in). In short, we said it embraced all of the hype of social networking, but none of the spirit.

It took about a year for the company to start laying off staff. No surprise there – Comscore has measured the slow decline of the company from mediocrity to downright desolation. They went from a high of 1.2 million worldwide visitors in May 2007 to just 400,000 last month. Incredibly, they’ve raised $32 million in capital from first tier VCs to get those 400k visitors.

Minimum Age To Join Eons Is Now 50 13

From today on, however, Taylor can start to use his site. They’ve lowered the minimum age requirement from 50 to…13. They’re still focusing on the older generation in their content, you just don’t have to actually be old to join. The key is your state of mind. Taylor says “It’s the attitude and energy of our generation that defines us — our collective BOOM!”

The change is reminiscent of Facebook’s move to allow non-students to join the network in late 2006. Except that it isn’t going to work. Facebook dominated the student market, and people were clamoring to get in and hang out with those young trendsetters. Eons doesn’t dominate its core market, and that core market certainly doesn’t include any trendsetters.

Eons as a business plan probably looked great on paper. Lots and lots of baby boomers are nearing retirement age. They’re online and they have a lot of free time, but they don’t want to hang out at MySpace and Facebook. So Eons builds them a social network they can call their own. Investors threw money at it.

The problem is that these people have better things to do than make countless numbers of anonymous online friends, and then poke them and flirt with them. And if they are going to do all of that, they’ll probably have more fun hitting on the youngsters at the real social networks. My guess is that Facebook has more members over 50 than Eons does.

By the way, the comments to Taylor’s announcement are classic. Users are not happy that teenagers might be invading Eons. One says “But have you read some of the stuff that comes out of those kids mouths? Where are their parents? They must not give a hoot. I for 1 do not wish to deal with it.” Another complains that his comment was deleted and says “You’ve perpetrated a classic “bait and switch” scheme on all of us baby boomers … your dishonesty is disgusting.”

Something tells me no teenager would be caught dead hanging out at Eons. Or, really, anyone else.

Venture capitalist Josh Kopelman has stated that he likes startups that shrink markets – “We love investing in technologies and business models that are able to shrink existing markets. If your company can take $5 of revenue from a competitor for every $1 you earn – let’s talk!”

And while he isn’t an investor in Seattle-based real estate startup Redfin, I’m pretty sure he likes their business model. The company is doing its best to completely remove real estate agents and brokers (and their absurd fees) from at least half of a home sale. If you use them when you buy a home, they reimburse 2/3 of the broker fee to you, keeping 1/3 for themselves.

60 Minutes covered the company last May, which led to a surge in business. CEO Glenn Kelman told me today that, since launching in February 2006, they’ve been involved in 1,500 transactions and have reimbursed $12 million to customers. The average refund is $10,000. The company had 2007 revenues of $5 million, he says.

They’ve just launched a new version of the website that includes more frequent MLS updates and the ability to group home sales by neighborhood and download the data. They are also providing deeper data on homes currently on the market as well as historical sales (they compete with a number of other startups in search, including Zillow, Trulia and Roost).

If you want to use Redfin, check first to make sure they cover your geographic area, which include the San Francisco/Bay Area, San Diego, Orange County, LA, Seattle, Washington DC/Baltimore, and Boston. Chicago is coming soon.

Google and Facebook are fighting hard to hire this years crop of computer science graduates, we’ve heard, and ground zero is Stanford. Most of the class of 2008 already have job offers even though graduation is months away.

Last year, salaries of up to $70,000 were common for the best students. This year, Facebook is said to be offering $92,000, and Google has increased some offers to $95,000 to get their share of graduates. Students with a Masters degree in Computer Science are being offered as much as $130,000 for associate product manager jobs at Google.

Apparently the popular Facebook Applications class is getting a lot of attention from other startups, too. Slide and RockYou are both recruiting hard. One source says that RockYou is approaching students and telling them they aren’t hiring them, they’re “acquiring” their “companies” and will let them continue to work on their applications after graduation. That is, of course, some serious smoke blowing – any code they’ve been working on in the class is likely to be shelved by RockYou. Still, it’s a great way to recruit by making these students feel like they’re entering into some kind of an M&A transaction.

Something tells me the Pitzer students who’ve enrolled in the Learning From YouTube class aren’t getting the same types of offers.

If you are a CS student at Stanford or another top university, tell us what’s happening with recruiting.

Update: Good comments below from students confirming these (and even higher) salaries.