Xobni releases new investment details

http://venturebeat.com/2007/09/07/roundup-singularity-hype-xobni-rapleaf-selling-your-data-vudu-seedcamp-and-more/

by drusenko • 19 years ago

17 16 19 years ago

venturebeat.com

herdrick• 19 years ago

Holy crap, that is an impressive lineup. Nice work, guys.

But then what happened to Khosla Ventures between the initial announcement and now?

bharath• 19 years ago

Very impressive! Its good to see YC having grown from an experiment to something thats represents a 1st step towards marquee VC funding. Khosla does not invest in a whole lot of web based ideas these days (mostly focused on alternative energy type of stuff) and the fact that xobni is one of a handful of exceptions speaks for itself I think.

zach• 19 years ago

Wow. My curiosity is piqued. I look at this list and wonder, what are we missing? I don't doubt Xobni is really onto something. But it's hard to get fascinated by an Outlook plugin. Clearly there's a lot more going on.

I also find it a little curious that there's a disconnect between the "put something in front of the public as soon as possible" meme and the long lead times that Loopt had first and now Xobni has before their product reveal. Is the better growth strategy to put something in front of investors first and see if you can hold off on the public launch?

nostrademons3• 19 years ago

> But it's hard to get fascinated by an Outlook plugin. Clearly there's a lot more going on.

Gabor's posts here have indicated that they're doing stuff with NLP and machine-learning. There's a lot more you can do with that than what we'd think of as a simple Outlook plugin. Think of a smart personal assistant that understands each email, can file and classify them, trash the spam, send out canned responses to common queries, and flag your cell-phone or PDA for urgent messages from trusted folks. It could replace secretaries.

That, and investors are likely the people who have the most need for such a tool. So it'd naturally look better to investors than it would to the rest of us. That's the risk of putting all your ideas before a certain group of people.

> Is the better growth strategy to put something in front of investors first and see if you can hold off on the public launch?

I doubt it. Historically, that approach has had very few successes and many, many failures. Once in a while you may get an Amazon.com or an Akamai that takes tons of capital to get started but then has a wide moat and enormous profits. But more likely you'll end up with a Go or a Value America or any one of a number of dot-com flameouts. (Even that's misleading, as Amazon got users and went profitable before taking outside investment, then operated in the red for like 7 years while they built up infrastructure.)

Personally, I'd put Xobni at the top of the YCombinator deadpool, with Loopt in the top quarter, even though those seem to be some of PG & investor's favorites. But then, they're swinging for the fences. If they succeed, they'll also be among the most lucrative.

(Incidentally, I'd put Wufoo, VirtualMin, and DropBox at the bottom of the deadpool, i.e. most likely to succeed. You may all publicly pillory my predictions later...)

tx• 19 years ago

Care to elaborate more? I am 100% with you in case of VirtualMin, but it is interesting to hear why you're more skeptical of Xobni. I am personally very intrigued: a lot has been said about lack of innovation in "electronic mail" but these guys are doing something about it and what they're doing happened to impress a lot of people.

Unless you know something we dont' :)

portLAN2• 19 years ago

> Gabor's posts here have indicated that they're doing stuff with NLP

NLP? Great, maybe it can make me get over my Luposlipophobia.

vikram• 19 years ago

"It could replace secretaries."

Most of us don't have secretaries to replace. I worked in a place where I used to get 700 emails a day. Still no secretary.

ereldon• 19 years ago

herdrick, sorry if this wasn't clear. khosla's name was made publicly available in march when another blog found it in a regulatory filing concerning xobni's latest funding round.

xobni has sinced decided to release the names of its other investors, as well.

portLAN2• 19 years ago

> The San Francisco company announced in March a first round of $4.2 million in capital, naming only Khosla Ventures and Y Combinator.

Is that $4.18 million from Khosla and $0.02 million from YC?

rokhayakebe• 19 years ago

OK. Can someone tell me what are they going to release? And I do not want he classic "email analytics" answer

brezina• 19 years ago

We've been iterating on our product with a small group of users. Integrating with Outlook and throwing around the amount of data that we do is no small challenge. When we open our beta to the public we don't expect it to be perfect. It will be usable, and we will be actively seeking news.yc reader feedback.

Xobni releases new investment details

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