yogKarma

I didn't get that. Elaborate?

Did you get a job?

Link to the demo: http://www.youtube.com/watch?v=yIq9wSGh9HU

It might crash on iOS 5 for now. Update has been pushed, waiting for approval.

I don't think YC ever asks for no-dilution. A founder can not cheat because of various reasons: 0. Founders will have to dilute themselves to dilute YC 1. Investment is done based on a contract, which defines and controls the power that founders have. They can't issue any number of shares to themselves without putting in more money. 2. If somehow, founders are able to cheat YC that would destroy their credibility and their market valuation, resulting in huge financial loss.

EDIT: read this: http://www.paulgraham.com/angelinvesting.html

Nice work guys. The demo is quite exciting and easy to understand. I would use it for its cool quotient - I can press next on my phone without anyone noticing - magic! Though, network connectivity and document confidentiality are major concerns. What do you think?

I think we'll see a totally different way of using watches. It'll start with services suitable for a small device. For e.g. automatic transfer of body signals such as bp, heart rate; calendar notifications, location based information, calling services with a bluetooth earphone, etc. Building 'smartness' is the key here - provide a powerful platform and let developers think about ways of making it useful - you don't really need to be able to see all the possibilities.