Kaboodle
Wishpot Takes $1 Million Series A
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by Duncan Riley on April 29, 2008

wishpot.pngSocial shopping site Wishpot has taken $1 million Series A in a round led by Monster Venture Partner that included H-Farm and Adrian Hanauer.

Wishpot is a social shopping service that lets you collect and and share information about items you find online and in stores. By creating a common space in which users can browse, recommend products, get advice, and find new items they’re interested in, Wishpot seeks to simplify shopping.

The company said it would use the funding to further enhance its vertical offerings, improve the Wishpot platform, increase business development activities and introduce business analytics for enterprise customers.

Wishpot competes in the same space as Kaboodle, Stylehive, Yahoo Shoposphere, Zlio and MyPickList.

Social Site Rankings (September, 2007)
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by Erick Schonfeld on October 24, 2007

Did you know that Imeem is the fastest-growing social site in the U.S (up 1,590 percent in monthly uniques). And that AIM Pages is growing slightly faster than Digg (345 percent growth versus 323 percent)? Well, at least according to comScore. I asked comScore to do a ranking of social sites in the U.S. and then I reordered the list by growth rate. Here it is:

social-sites-by-growth.png

Here are my takeaways. MySpace is still growing at a healthy 23 percent, despite its size. But Facebook is coming on fast, with 129 percent growth. Notice also the strong showing by Bebo (growing 83 percent) versus the lackluster U.S. growth of Hi5 (3 percent) and the decline of Xanga (negative 55 percent).

In blogging platforms, Blogger is beating Six Apart on both absolute numbers (32 million visitors versus 13 million) and growth (55 percent versus 44 percent). In the doldrums territory, you’ve got Windows Live Spaces (with a one percent decline) and Yahoo Groups (four percent decline). And in the you-ought-to-seriously-think-of-shutting-this-down territory, there is Lycos Tripod (23 percent decline), MSN Groups (36 percent decline), and Yahoo 360 (’nuff said).

Here is a more comprehensive list of social sites ranked by total number of visitors. It includes sites where comScore could not calculate a growth rate because it did not have enough data for September, 2006. Some sites that stand out on this list, having come out of nowhere in the past year, include Wordpress.com (with 11.9 million monthly visitors), Freewebs (with 6.6 million), BuzzNet (with 4.4 million),and Kaboodle (with 2.5 million). (Update: Also, you will notice that Google’s social networking site Orkut isn’t even on the list. That is because while it had 24.6 million visitors worldwide in September, 2007, Orkut only attracted 503,000 visitors in the U.S.).

social-sites-sept07.png

TechCrunch40: Jeff Clavier Launches $12 Million Venture Fund
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by Michael Arrington on September 18, 2007

Angel investor and startup advisor Jeff Clavier (pictured with Digg founder Kevin Rose) just announced a new $12 million early stage venture fund today at the TechCrunch40 conference. The new fund will be called SoftTech VC II.

Clavier, who has a degree in computer science, has been actively investing in startups over the last few years and has had notable successes such as Truveo (acquired by AOL for a rumored $50 million), Userplane (acquired by AOL for a rumored $35 million), MyBlogLog (acquired by Yahoo for $10 million), Kaboodle (acquired by Hearst for a rumored $30-40 million), Mayas Mom (acquired by BabyCenter for $7 million), Dogster, Kongregate, Edgeio and many others. In other words, he has an eye for winners. His investment philosophy will remain much the same, he says. He’s just now investing money from limited partners as well as his own capital.

He says he’ll invest the fund in a total of 30 to 40 seed stage startups with investments ranging from $100k – $500k. SoftTech VC will focus on consumer Internet.

Clavier has made four initial investments through the fund: Satisfaction Unlimited, Social Media Network, Grouply (which will launch at the conference today) and Active Athlete.

Hearst Acquires Kaboodle for $30+ million
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by Michael Arrington on August 8, 2007

This is the second recent acquisition announcement for Hearst Interactive Media – UGO for around $100 million last month, and tonight they are announcing the acquisition of Kaboodle, a social shopping service that launched in late 2005.

Kaboodle, founded by Manish Chandra, Keiron McCammon, Chetan Pungaliya, closed a key distribution deal with eBay a year ago. Comscore numbers show rapid growth, with 2 million or so unique monthly visitors currently.

The acquisition price is not being disclosed, but we’re hearing it was somewhere between $30 – $40 million, all cash. The company raised three rounds of financing totaling $5 million from Shea Ventures, Kanwal Rekhi, Jeff Clavier, Ron Conway, Garage Ventures, Georges Harik, Rajeev Motwani, Iggy Fanlo and others.

One other thing we’ve heard – investor Ron Conway was “instrumental” in putting this deal together.

eBay and Kaboodle To Launch MyCollectibles
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by Michael Arrington on June 9, 2006

On Monday eBay and Kaboodle will jointly announce a new service called “MyCollectibles”, which will be tightly integrated with the core offerings of both companies. The service is live and available at both ebay.com/mycollectibles and mycollectibles.kaboodle.com. Kaboodle co-founder and CEO Manish Chandra and eBay GM of Collectibles Laurence Toney briefed me on the product earlier this week.

Kaboodle is a bookmarking service that focuses on specific content within a page – see our launch profile of the company here. Kaboodle is useful for collaborative research (I used it last year to organize a ski trip with friends), and Kaboodle is often used for ecommerce research. The site launched in October and has about 20,000 active users and 150,000 unique visitors a month according to Manish.

This partnership will certainly increase those user numbers dramatically. The eBay Collectibles category has always had high sales velocity (over 10,000 items are sold every hour on eBay in this category alone) and eBay will be dedicating “substantial” resources to promote the new service.

eBay users who purchase and sell items in the collectibles category will be able to showcase products they’ve purchased on ebay or elsewhere, tag them and allow comments (all standard Kaboodle functionality). The site already allows users to auto-import items they’ve purchased on eBay. in the future they’ll be able to list items within MyCollectibles for sale on eBay with a couple of clicks.

The new site will be demo’d at the eBay Live 2006 conference in Las Vegas this weekend. I am here attending the conference, and look forward to getting additional information on the product.

This announcement, along with eBay’s announcement last week to integrate blogs and wikis into the ebay experience, indicates that eBay intends to provide social networking services before and after actual sales and have a deeper connection with users.

A Taste of DEMO 2006
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by Michael Arrington on February 7, 2006

DEMO 2006: 70 companies gather at a hotel in Phoenix, Arizona to compete head on for our attention. $15,000 buys you 5 minutes in front of 700 people, and a chance to make history (which is not recorded real time because the wifi is crushed under the load and no one can get online). At least there is reliable internet access in the press room, along with dozens of free USB drives laying around (this whole “press” gig is pretty damn awesome).

A few companies caught my eye today as the ones to watch this year. Here they are:

Blurb

Blurb will turn your blog or other website into a book. As in, a real, tangible book that you can hold. The service is now in private beta and will be available to the public in March(ish). CEO Eileen Gittins does a great job describing the product and this looks to be an interesting space, especially for ego-type purchases where bloggers buy a copy for themselves.t’ll be about $30 for a four color, 40 page, 8×10 hardcover book with a custom dust jacket.

Kaboodle

I wrote about Kaboodle, a clip service that is really useful for gathering and sharing information on the web, back in October. They launched some incredible new features this week to normalize data across items: search for items, clone/copy a page, find related items, vote on items, etc. They are also allowing users to create profiles to allow more social aspects. A lot of people are finding Kaboodle to be a very useful shopping tool.

Kosmix

Mountain View based Kosmix is a structured search engine with three current verticals: health, politics and travel. More are coming soon. Instead of showing linear, Google-like results, Kosmix is categorizing results to create a taxonomy. They claim their engine can be used to create good results over almost any topic area. This is one to watch and I’ll be doing a full profile on them soon.

Krugle

Fred Wilson wrote about Krugle today as well, saying “It’s a search engine for open source software. Vertical search for open source. Sounds like a good concept. The demo was simple and the proposition was compelling. Not sure how they make money, but the demo isn’t supposed to focus on that.” Knowing how often developers use search engines to find code snippets, this will be an extremely useful. The company is based in Silicon Valley and Josh Kopelman is an investor.

Plum

Everyone’s buzzing about Plum, a new social bookmarking application with easy tools to turn bookmarked content into blog entries, photo album, feed list, etc.. Full profile coming soon.

Sharpcast

Sharpcast, led by CEO Gibu Thomas, just launched this week as well. It’s an incredibly powerful platform to synchronize data and any application between (certain) mobile devices and the desktop. The photo showcase application is compelling. Look for a full review on MobileCrunch. Sharpcast is funded and has the smell of a company that can go all the way.

Zingee

I finally got a look at newcomer storage service Zingee, which would have been included on my “Online Storage Gang” post if they had been around. Zingee could be serious competition for Omnidrive, with high end sharing features, permanent URLs for files, no file size restrictions (yeah!) and other neat feature. Full profile coming soon.

Lots more companies to write about tomorrow. See Jeff Clavier and Erick Schonfeld for additional profiles.

Kaboodle Launch: Bookmarking + Wiki
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by Michael Arrington on October 25, 2005
Company: Kaboodle
Launched: October 26, 2005
Status: $1.5 m in angel funding
Location: Santa Clara, CA

Kaboodle opened its doors this afternoon for an official launch on Wednesday.

I met with Manish Chandra, the CEO, earlier today for a walk through and came away very impressed. In addition to Manish, Kaboodle’s founders include Keiron McCammon and Chetan Pungaliya.

Kaboodle is a free social bookmarking service. And it really does take things to the next level in terms of usefulness, particularly for certain types of stuff. For instance, Kaboodle really shines when bookmarking ecommerce content.

The first thing to do after registration is add a kaboodle button to your browser. When you click to bookmark content, you are redirected to Kaboodle where you select a “page” (topic). Content is auto-selected, including an image. A click lets you change or add to the content and/or select a new image.

Once you’ve added content to a page you can choose to make it public or private, and share it with others. New content can be added to a page from other sites. Each piece of content can be rated by others, and free-text comments can be added. It is an excellent way to collaborate with others in comparing and contrasting related content. In fact, in many ways Kaboodle reminds me of a wiki once the collaboration on a page begins.

Coming soon functionality includes page badges, search and RSS for users and pages. I’d also like to see tagging functionality added to pages and individual pieces of content.

Om Malik wrote a lengthy post on Kaboodle a few hours ago. In my opinion Manish Chandra and the rest of the team have done a great job rolling this out. They are talking to bloggers and mainstream press simultaneously, and the site is a textbook example of how to walk new users through how the service works. They’ve thought through launch strategy and usability in a very intelligent way.

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