Gawker
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blind items
You're Fired, Er, No You're Not
Sequoia Capital, the backer of Apple, Yahoo, and Google, ordered its startups to slash their payrolls this fall. We hear one CEO fired people so enthusiastically he had to retract some of his pink slips. More »
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By Owen ThomasComment by Mafalda para Presidente: Well, regardless of how idiotic the gesture, it's still better than being fired. 2 Responses | Other threads
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jason calacanis
Internet blowhard's bailout plan worst economic idea ever
Many people ask us if Jason Calacanis, the Internet entrepreneur, is stupid. No, but he says stupid things. While he's an expert at timing the market, his plan to fix the economy is all backwards.
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By Owen ThomasComment by TMonster: I'm really tired of people like Calcanis who think they know everything because they have been successful in tech or... 1 Responses | Other threads
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meltdowns
Why venture capital won't save your job
Those who fund young, growing companies love to tout their industry's role in job creation. Jobs — we could use some of those now, right? But with venture-capital firms like Sequoia Capital insisting on across-the-board layoffs, it's hard to buy that argument; jobs may be created at startups quickly, but they are just as rapidly destroyed. But startups aren't the only ones being pinched by venture capitalists — they're also taking their investors for a ride, according to an industry insider. More »
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By Owen ThomasComment by Shadowlayer: I've to say this is a real eye opener for me: I always thought deep in my mind that the... 1 Responses | Other threads
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guy kawasaki
Dude, you could've had Jerry Yang's job
I haven't had a chance to read Mr. Evangelism's latest book, Reality Check, but there's a tidy profile of Guy Kawasaki, the Apple marketer turned startup cheerleader, in USA Today. His biggest flub: Sequoia Capital partner Michael Moritz tried to hire him as CEO of Yahoo in the '90s. "I'd say that was a $2 billion or $3 billion mistake," the Hawaiian-born hockey nut admits. "Now Michael doesn't call me. I can't say I blame him." Yeah, and I'll bet Carl Icahn hates you now, too. (Photo by USA Today / Michael Mullady)
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By Paul BoutinComment by TomNocera: Like him or not, you have to respect Guy's tenacity and his communications skills. Guy has positioned himself as "The... 1 Responses | Other threads
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Don Valentine
Legendary VC enjoys living in the past
The "grandfather of Silicon Valley venture capital," Don Valentine, founder of Sequoia Capital, showered money on the likes of Cisco, Apple, Electronic Arts, and Oracle, and has been amply rewarded — including Thursday night, with a lifetime achievement award from Deloitte, the auditing and consulting firm. But a speech he gave while accepting the prize showed Valentine as more doddering than domineering. Complaining that an internal presentation by Sequoia about tough economic times to come — headlined "R.I.P. Good Times" was leaked to the press, sending a shock wave through Silicon Valley's entrepreneurial set, Valentine said, "We thought it was all in the family." More »
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By Owen ThomasComment by longtailwagsthevalley: good to see that ageism is alive and well... 1 Responses | Other threads
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caption contest
How many more rounds of layoffs are planned at Mahalo?
What was Mahalo CEO Jason Calacanis doing in the weeks running up to this company's layoffs? Traveling around the world, to destinations like the World Knowledge Forum in Seoul, Korea. In his how-to-lay-people-off memo, Calacanis also promised to cut back on his travel budget — which struck me as an admission that his trips to speak at conferences, often on subjects unrelated to his work at his Sequoia-funded Web directory, were being paid for by his investors. Can you think of a better caption? Leave it in the comments. The best one will become the post's new headline. Yesterday's winner: Ted Dziuba, for "Traffic is the new profit." (Photo by JoopDorresteijn)
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By Owen ThomasComment by kgbeat: Hey Jason, how many more rounds of layoffs are planned at Mahalo? 1 Responses | Other threads
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sequoia capital
Google Maps to wantrepreneurs: get lost
When Larry Page and Sergey Brin wanted funding from Sequoia Capital in 1999, they had no problem finding its Sand Hill Road offices. A decade later, Google Maps doesn't seem to know where 3000 Sand Hill Road is, the swanky-office-park Mecca of venture capital firms, including Sequoia, which funded Cisco, Apple, and Yahoo, in addition to Google. Typing in Sequoia's address takes you to a highway surrounded by brown fields. The real location of the Sand Hill conclave is actually a few minutes northeast, surrounded by a lush golf course watered every day with the sweat and tears of entrepreneurs. So what? More »
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Comment by joeinsider: Yeah, WTF. I've noticed that Google maps is all f-ed up lately, with a lot of u-turns, out of... 1 Responses | Other threads
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digital music
Imeem lays off 20, seeks buyer
Imeem is laying off a quarter of its 80-person staff, PaidContent reports. The music-centered social network has been more adept than many of its rivals at navigating the cutthroat music business. But one of its backers is Sequoia Capital, the ruthless VC firm which has ordered its portfolio companies to slash expenses. Imeem is also seeking to sell itself, with the help of investment bank Montgomery & Co. Imeem may be better than most digital-music startups — but it is still a digital-music startup, faced with fickle consumers, thin margins, and antagonistic partners in the record labels. More »
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By Owen ThomasComment by Shadowlayer: Oh noes! where will we get out daily dose of terrible 4kids hiphop now? more » | Other threads
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admob
Sequoia shows its favor
Venture capital is returning to an old formula: Doling out money for expansion to already-profitable businesses. That's why AdMob, a mobile-advertising startup, has gotten $15.7 million from Sequoia Capital. Sequoia, the backer of Apple, Cisco, Yahoo, and Google, summoned portfolio-company CEOs to an emergency meeting, warning them to cut costs and become self-sustainable. So why did AdMob get the cash? More »
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By Owen ThomasComment by kimbjo: Admob has always cooked their numbers. Maybe the VC's fell for it? more » | Other threads
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meltdowns
SearchMe lays off 20 percent
"Visual search engine" company SearchMe had, according to CrunchBase, 52 employees and $43.6 million in funding, led by Sequoia Capital. Just two weeks ago, TechCrunch ranked the company No. 76 in "Startups Best Positioned To Weather A Downturn." But VentureBeat confirms the company has fired 20 percent of its staff. Using the ad-hoc Sequoia formula, "you need a year of cash and a revenue model," here's my guess: Too much spending. And it doesn't help that the first demo I clicked on the site's front door broke Firefox.
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By Paul BoutinComment by BaxterHaedjinn: I felt this was a great company, but after reading this news, I believe it's not a good employer. If you... more » | Other threads
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layoffs
AdBrite cuts 40 of 100 employees
Cue the schadenfreude brigade: AdBrite, the online-advertising network funded by Sequoia Capital, has laid off 40 of 100 employees. Why will some view this with glee? Because, a decade ago, AdBrite founder Philip Kaplan ran a site called FuckedCompany, which chronicled layoffs and cutbacks in the bursting of the bubble. AdBrite actually grew out of Kaplan's ad-sales efforts on the site. Two vice presidents are leaving, including Paul Levine, the former Yahoo executive AdBrite hired to run marketing last year. Anyone want to bet Levine will land at Zvents, a startup whose board of directors he recently joined?
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By Owen ThomasComment by ForeverIdeating: Iggy Fanlo is a dark and evil man and pud is really just a stooge. Is anyone really surprised?... 2 Responses | Other threads
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Skyrider
Sequoia shutters a startup
Some Valley investors succeed by spotting good ideas and nurturing them. Some succeed through utter ruthlessness. In that latter category lies Sequoia Capital, the investor behind Apple, Cisco, Yahoo, and Google. Skyrider, a file-sharing startup which had raised $25 million or more in venture capital, has shut down, according to VentureBeat. Startups fail all the time. But Skyrider was backed by Sequoia — and Sequoia, which zealously guards its reputation, rarely lets startups die so visibly. Skyrider was started as an ad-supported file-sharing service; its homepage suggested it was shifting into content distribution. But BitTorrent, a far better known name in file sharing, has struggled to crack that market. What's telling about Skyrider's failure: More »
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By Owen ThomasComment by It Must Be Take a Worm for a Walk Week: Skyrider is a sweet track by Purple Motion. 1 Responses | Other threads
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meltdowns
Sequoia's two-faced fundraising
Remember Sequoia Capital, the once-boisterous Google backer which has turned gloomy of late? It turns out that Sequoia's prepare-for-the-worst message wasn't meant for everyone. In September, Sequoia raised $1.7 billion in two new funds from its limited partners, including the $929.5 million U.S. Growth Fund. It alone accounted for 11 percent of the $8.1 billion venture capitalists raised in the third quarter. But that money is going into new startups. More »
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By Owen ThomasComment by Shadowlayer: Theres no doubt that calacanis was a bad example, but "grow at all costs" is not the same that holding... more » | Other threads
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quotable
There is no VC conspiracy, says VC Fred Wilson
"This is not some coordinated cynical attempt by VCs to talk down valuations or put entrepreneurs on the defensive. We are not spreading the contagion of gloom and doom. It's all about acting responsibly and making sure we all survive to fight another day. Because in the end, survival is what darwinian capitalism is all about." — Union Square Ventures partner Fred Wilson, on Sequoia Capital's conveniently timed warning of bad times ahead.
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By Owen ThomasComment by TheRealTruth: So the sad reality is that these VC that are telling their portfolio companies to conserve cash, should have been... 4 Responses | Other threads
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cutbacks
Meebo didn't get Sequoia's memo
Was Seth Sternberg, the CEO of Meebo, not in attendance at Sequoia Capital's recent summit for all of the venture capital firm's startups? In its now-famous "R.I.P. Good Times" presentation, Sequoia's partners scolded the entrepreneurs the firm has funded to cut all unnecessary costs. The online-chat startup's apparent response: Listing all of the free food and drink it buys employees. The one concession to frugality: They don't buy chocolate milk, because it's too expensive. (Chocolate soy milk, on the other hand, is deemed an affordable luxury.) Any bets on how long it will take for Sequoia's Roelof Botha, the lead partner on its Meebo investment, to tell Sternberg to stop paying the grocery bills? (Photo by ifindkarma) -
meltdowns
Sequoia's complete gloom-and-doom presentation
Silicon Valley is obsessed with a presentation by Sequoia Capital, the backer of Google, titled "R.I.P. Good Times". The venture capital firm's partners delivered it to its portfolio companies at a special meeting, predicting a long, painful recovery and advocating immediate cost cuts. We'd gotten notes from an attendee, but VentureBeat got its hands on the actual PowerPoint deck: More »
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By Owen ThomasComment by david: Ladies and gentlemen, in slide 6: the blue line is the bull and the bear is the black, and each... 1 Responses | Other threads
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meltdowns
The long march
"Slash expenses, cut deep and keep marching. You can't be a general if you turn back." — Sequoia Capital partner Eric Upin at a mandatory all-CEO meeting on Thursday. For you, just remember that creep in the corner office isn't happy as your CEO. He wants to be a general. -
meltdowns
"It's always darkest before it's pitch black"
Bad times have hit sunnily optimistic northern California. Does it matter if the mayhem on Wall Street had any real connection with the tech-powered Silicon Valley economy? Some of the region's most influential power brokers believe it will — and by pushing others around, they can make perception reality. A helpful insider has provided notes from a recent meeting of Sequoia Capital, a backer of Apple, Cisco, and Google which has risen to become the Valley's preeminent venture-capital firm. Michael Moritz had summoned CEOs of Sequoia's portfolio companies to tell them to prepare for a long, hard downturn. The bottom line: All startups must become cash-flow positive — in other words, earn more than they spend. Or in other, other words, act like the real businesses they always should have emulated. Here are what our tipster claims are notes from the meeting, apparently forwarded by one of the attendees: More »
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By Owen ThomasComment by Antilles_Prime: doesnt look good at all, I hope we are at the beginning of a standard 7 year cycle and not... 5 Responses | Other threads
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meltdowns
Sequoia calls off the boom
The good times are over, the partners of Sequoia Capital are telling the entrepreneurs they fund. Quite literally: They sent a summons to a summit meeting with a picture of a gravestone with the writing "R.I.P. Good Times," rival venture capitalist Om Malik reports. There, partners including Michael Moritz and Doug Leone told CEOs of companies in their portfolio that they should steel themselves for a prolonged downturn, make their businesses self-sustainable, and cut all unnecessary costs. More » -
stanford
School of Engineering offers computer science courses free online
Leland Stanford, Junior University has released lecture videos, transcripts, handouts and assignments for ten undergraduate engineering courses including computer science and artificial intelligence. Stanford Engineering Everywhere, as the program is called, is being funded by Sequoia Capital. While a few rightsholders didn't grant permission to release materials, what has been published is available under a Creative Commons non-commercial license meaning that any student or educator can use the material as they see fit. I, for one, can't wait to see bass-heavy remix mashups of Professor Brad Osgood's lectures on linear systems and their applications. Soulja Boy had better watch out when new dance craze "The Fourier Transform" sweeps the nation.
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By Jackson WestComment by FaceMelter: I, for one, can't wait to spend $100,000 a year so my kid can go to college on the internet. 1 Responses | Other threads
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clips
Sequoia investment BlueCollarOrDie dies
Investors — including top Valley VC firm Sequoia Capital — plan to kill FunnyOrDie spinoff BlueCollarOrDie, recently relaunched as Kung Fu Todd. Veteran TV producer and investor Larry Lyttle blamed the Internet for not attracting enough of the right kind of audience — people who like jokes that begin with the phrase "You might be a redneck." Lyttle told The Hollywood Reporter the site draws only 20,000 unique visitors per month. Our theory as to why is less complex even than Lyttle's: It's just not very funny. Check out "Hot Teacher," the site's "most buzzed" video and see for yourself.
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Comment by mrfomoco: Yeah, their stuff is strictly from hunger. Compared to them, Leno's material reads like 'Twelfth Night'. more » | Other threads
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linkedin
LinkedIn needs to sex up its pitch if they want a Facebook-sized valuation
LinkedIn's $1 billion valuation certainly seems low only when compared to the stratospheric $15 billion Facebook is worth on paper. One reason why is because, frankly, college kids are sexy — as the VCs in the announcement infomercial prove irrefutably, business professional who use LinkedIn are not. So if you're going to announce a new round of venture capital with a video on YouTube, why not make it a music video? The kids love music videos. Hence, Valleywag presents "The Upside" featuring Jeffrey "Sand Hizzy" Glass, David "D-Cup" Sze, David "Dollar Billz" Cowan and Mark "Make Money" Kvamme over beats from EPMD. Recognize. -
online video
Will Ferrell's FunnyorDie takes HBO for up to $10 million
Comedy-video startup FunnyorDie, a project cofounded by yuksters Will Ferrell, Adam McKay and Chris Henchy with Sequoia Capital's Mark Kvamme, has sold an equity stake to HBO of less than 10 percent. (FunnyorDie was valued at $100 million after the last round of funding; the new valuation, and HBO's exact investment, wasn't disclosed — if you know, please tell us.) In exchange, HBO also gets five hours of programming from Ferrell, McKay, Henchy and recent addition Judd Apatow. More »
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By Jackson WestComment by Dror Poleg: @matto: Apatow's Wikipedia entry looks completely doctored. I wonder if it was created by some PR hach in the last... more » | Other threads
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caption contest
Serge Faguet is not happy to see you
Remember Serge Faguet, the fired CEO of Sequoia-backed startup TokBox? He's got a startup in stealth mode, according to LinkedIn, but from the looks of this photo sent by a tipster, he's not working especially hard. (Faguet's at left, pointing, in the blue shirt.) Can you suggest a better caption? Do so in the comments. The best one will become the new headline. Yesterday's winner: "You said there would be girls here," by our own Fake Michael Arrington.
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By Owen ThomasComment by Whocares: What is going on with that girls face to the right of Serge's little brother? more » | Other threads
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history lessons
How Mark Zuckerberg missed his meeting with Sequoia
Sequoia Capital never invested in Facebook. But Sequoia partner Mark Kvamme said at an ad conference today that the venture firm did take a meeting with founder Mark Zuckerberg early on. Problem was, according to Kvamme, Zuckerberg had forgotten about the appointment and woke up just before it started. So Zuck showed up at the meeting and made his pitch wearing pajamas. Sequoia passed — perhaps understandably, but definitely unfortunately, Kvamme told the crowd. "You kind of have to look past those things," he said. One could say the same about Kvamme's rewriting of history. We hear it's Facebook that passed on Sequoia — mostly due to a feud between the VC firm and Facebook backer Peter Thiel. (Photo by sunshinecity)
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Comment by raincoaster: @Nicholas Carlson: Does it involve Steven Chao, perhaps? more » | Other threads
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venture capital
Sequoia's Michael Moritz: VCs need to stop with the "hot air and arrogance"
After reading our take on VC blogger Fred Wilson's advice that entrepreneurs need to learn how to "ask for the order," Persai cofounder Ted Dziuba commented: "Methinks Fred Wilson doth blog too much." We disagree, if only because Wilson is such a fruitful source. But at a venture capital conference in San Francisco last week, Sequoia Capital's Michael Moritz seemed to second the notion. "There's a lot of hot air and arrogance in the business that we all would be better off without," Moritz told the conference crowd. Moritz said he disapproved of "useless pontificating in front of entrepreneurs working harder than we are." Kleiner Perkins VC John Doerr concurred: "At Kleiner, we're trying to watch our language." This from the guy who said the Internet was underhyped — and then invested in Friendster. (Photo by b_d_solis)
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Comment by SandHillSnobbery: Great and convenient! Mortiz can start right down the hall by telling his boys at Sequoia to stop acting like... more » | Other threads
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online video
Happy birthday, Will Ferrell's Funny Or Die! Hope Sequoia gives you more funding as a present
After 200 million views and 30,000 video uploads, Will Ferrell's Sequoia-backed Web video venture Funny Or Die turned one year old last week. Despite early successes, however, the site seems caught in a downward trend. Compete reports it lost 6.9 percent of its audience in March and that the site's best month was its first.
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Comment by raincoaster: Pearl is gold. Agreed: without a brand identity, they're just another video site, when everyone is on YouTube every day. How... more » | Other threads
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mine is bigger
Fired TokBox CEO didn't need to know HTML to drive his $80,000 BMW
Early last month Sequoia Capital fired TokBox founder Serge Faguet as CEO. An engineer who spoke with Faguet for a job interview tells us his firing "comes as no surprise." The tipster, perhaps sore that his job interview didn't go so well, characterizes Faguet as "rude and arrogant" and argues that the original idea for TokBox came from cofounder Ron Hose. But mostly, our tipster objects to Faguet's car: a BMW 650i. More »
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Comment by RonHose: This is Ron from TokBox. I wanted to say that I greatly enjoyed working with Serge on several projects and... more » | Other threads
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bad ideas
Sequoia clones unsuccessful search engine — maybe Google will buy it anyway
Sequoia partner Mark Kvamme just plunked down $31 million on a company he also chairs, called Searchme. It's an image-based search engine. Search is a crowded field but Searchme CEO Randy Adams thinks there's room for innovation. "Search," he told BoomTown, "is still largely a text and list experience." True, but Snap CEO Tom McGovern told me almost the exact same thing in May 2006. Didn't work out for him. Now Snap is a site for bloggers. Below, a video demonstration of Searchme's "innovation" and another video showing two-year-old Snap doing pretty much the same things. More » -
exits
Tokbox CEO fired
Sequoia Capital is famous for firing founder CEOs. Its latest victim: Serge Faguet, who's out as CEO of TokBox, we hear. The video-chat service raised $4 million from Sequoia last year. (Photo by Noah Berger/New York Times)
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By Owen ThomasComment by RonHose: This is Ron from TokBox. I wanted to say that I greatly enjoyed working with Serge on several projects and... more » | Other threads
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deals
Plaxo torn between two lovers?
Is Plaxo going to Google, as some rumors have it? Possibly. We hear Joe Kraus, a Google executive knee-deep in its effort to catch up in social networking, skipped the company trip to Disneyland this week so he could finish a deal. But other insiders say Google's not doing a deal with Plaxo. Another plausible bidder: Comcast. More »
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By Owen ThomasComment by googoobaby: Joe probably had a previous date with his alien friends and had to get kitted up before the comet passed. more » | Other threads
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mine is bigger
One day left to commission portrait of "Fellowship of the VCs"
"Are you a leader in Silicon Valley who has been unfairly left out of this work of art?" asks a project proposal on Strayform."Much like patronages offered by the leaders depicted in historical works, your patronage can earn you the recognition you deserve." More »
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Comment by googoobaby: It's a shame that John Wayne Gacy isn't with us any more. He's the perfect artist for this commission. more » | Other threads
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venture capital
HealthCentral takes cash from Barry Diller, Michael Moritz
HealthCentral just announced $50 million in funding. The round included a major investment from IAC and smaller contributions from prior investors Sequoia Capital, Carlyle Group and Polaris Venture Partners. HealthCentral operates several health-related websites, including the long-troubled DrKoop.com, which was once a publicly traded company a bubble or two ago. Here's how their traffic looked last year, according to Compete. It's nice and all, but stick around for the one comparing HealthCentral to WebMD. If I used the word pwnage, I would. But I don't. More » -
nerdspotting
Julia Allison canoodles with Sequoia moneyman
A tipster spotted the female half of Gawker's (and Valleywag's) favorite ex-couple, Julia Allison, leaving a CES party in Las Vegas with venture capitalist Mark Kvamme of Sequoia Capital. Kvamme, who was a frequent target of Valleywag emeritus Nick Denton, is responsible for Sequoia's investments in promising companies like LinkedIn. Oh, and also AdBrite.
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Comment by hereverycentcounts: If I had breasts like that, I'd be clutching them and dating a VC also. more » | Other threads
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rumormonger
Is Plaxo ready to sell to Facebook?
It's curious that rumors of a Plaxo sale exploded at the same time that Robert Scoble got his Facebook account suspended using a secret, unreleased tool for extracting data from Facebook. Curious, too, that Plaxo is so eager to milk the incident for good PR. While a battle of words takes place in public, we hear that quieter talks are happening behind the scenes: A sale of Plaxo to Facebook. A clash between the companies' backers, though — the powerful VC Michael Moritz and the rising VC star Peter Thiel — could sink any deal. More » -
ipo
Kayak and Sidestep merge, plan for IPO
Travel search engines Kayak and Sidestep will merge to form a new company, according to reports. As part of the deal, Kayak raised another $196 million from current investors Sequoia Capital, General Catalyst Partners and Accel Partners as well as from Sidestep investors Norwest Venture Partners and Trident Capital and new investors Oak Investment Partners and Lehman Brothers Venture Partners. The merger will create the fifth largest online travel destination. That sad boast might make you wonder, how'd they get so many VCs on board? More »
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Comment by calbear81: Metasearch travel sites get several sources of revenue, mainly from Adwords style text ads that are contextually targeted to your... more » | Other threads
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venture capital
Will Ferrell's Funny or Die gets another $15 million
Funny or Die, the humor video site from Will Ferrell and Blades of Glory director Adam McKay, started up last April with only $17,000 from Sequoia Capital, according to a profile of the company in Portfolio. After "The Landlord" got 50 million views, Sequoia and a pair of unnamed institutional investors came back with another $15 million in funding. Though Funny Or Die expects to gross "a few million" next year, as Sequioa partner and Funny Or Die cofounder Mark Kvamme told Portfolio, prospects aren't perfectly shiny for the funny site. More »
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Comment by BobDope: These cussing kids need some representation. I think they gettin' screwed like Spanky from Our Gang, or Gary Coleman.... more » | Other threads
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online advertising
AdBrite makes clean break with porn-ad partner
How eager is AdBrite founder Philip Kaplan to get into the porn-ads business? So eager that he's counting the seconds. On AVNAds.com, the relaunch site for AdBrite's partnership with porn-trade publisher AVN, there's a splash page announcing the move to Black Label Ads, a new website wholly owned and operated by AdBrite, in less than two days. We hear that making a clean break with AVN — without the acrimony of past attempts to split up — was a requirement before Sequoia Capital and other investors put in their latest investment, a $23 million financing round for the online ad network. Not that investors have entirely quelled their concerns about AdBrite being in the porn business. The new site, Black Label Ads, attempts to disguise the AdBrite connection — except in its legal agreements.
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By Owen ThomasComment by Trackback: Some links to kick off your Friday: * Facebook raises more venture cash, according to Kara Swisher. This time it’s... more » | Other threads
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adbrite
AdBrite, the San Francisco-based online ad network, raised $23 million as disclosed in a regulatory filing found by PE Hub. Sequoia Capital, previously a backer, continued to invest in this round, along Artis Capital Management, a hedge fund which is relatively cozy with the Sand Hill Road giant. [PE Hub] -
party report
At Meebo party, everyone's measuring themselves
For two years running, Meebo has allowed you to skip the software download and log onto instant messenger using your Web browser. Never mind that you can already do this! The startup celebrated its second anniversary of AIMlessness at Pier 38 last night with a cake, open bar and a giant game of Guitar Hero. (Pictured above, tech consultant gadabout Dave Matthews — no, really, that's his name — jams on the imaginary Fender.) And really, though no one at Meebo will quite say it this way, they've figured out they need more of a purpose in life. That's supposedly coming from the new Meebo platform, which will allow third-party developers to create applications for integration into Meebo's service. More »
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