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Metacafe CEO Eric Hachenburg pondered the challenges facing online video sharing web sites during an informative panel on Internet video this morning at the Web 2.0 Expo in San Francisco. Moderator Liz Gannes queried panelists about YouTube's fate. It was a good question considering that some, such as Kleiner Perkins Caufield & Byers partner Randy Komisar, have suggested that Google paid $1.5 billion for a company that could be worth nothing one year later.
Hachenburg said YouTube put the industry on the map but all online video sharing sites are facing the same challenges centered on monetization, intellectual property, viewer experience and infrastructure costs. He said smart programming beneficial to viewers, content producers and advertisers is vital. He added, "The next winner is [the one that figures out] how you build a business around that."
Even Google hasn't figure that one out yet.
For more on the Web 2.0 Expo, see:
Conference livecast on the Web 2.0 Expo blog
Ryan Stewart
Tags: web2, web2expo, metacafe, youtube, vc, venture+capital
SVASE and Garage Technology Ventures
Co-present
Launch: Silicon Valley 2007- Your Gateway to Funding & Beyond
Create the Buzz; Raise the Money and Build your Business
www.launchsiliconvalley.org
June 5, 2007
Microsoft Campus in Mountain View, CAI
If you think you have developed a cool technology and want the world to discover you, this is the time to do it. SVASE and Garage Technology Ventures open the doorway to success for you -Launch: Silicon Valley, (www.launchsiliconvalley.org ), Bay Area’s premier launch event, on June 5th at Microsoft campus in Mountain View, CA, presents the most keenly awaited event by VCs and investment community. This event is designed to give you an opportunity to meet, network and showcase your product to all the Movers & Shakers of not only the venture world but also the corporate world and the Blogosphere.
Business Benefits:
By attending this event, you will have the opportunity to:
To make a presentation directly in front of VCs, Angel Investors, M&A Executives, Senior Corporate Biz Dev Executives, Bloggers, Press and potential business partners.
In addition, the CEOs of the companies voted “most promising new company” in each of the six sessions at the event will also receive invitations (for two) to attend the prestigious Ernst & Young “Entrepreneur of the Year” Gala Dinner on June 29 at the Fairmont Hotel in San Francisco.
To showcase products and services
To be recognized as one of the most exciting startups
Please forward this invite to others who could benefit. Thank you.
Please submit 2 page executive summary before May 3rd, 2007.
Launchsv@svase.org