This is a highly incestuous place. It doesn’t take long before someone you know either socially or professionally will eventually percolate into the consciousness of high-techdom and when that happens, it is always quite exciting.
This time around, a former colleague from a past life who has been blogging here has launched a startup called Kongregate. So WooHoo! for Jim Greer, his company has been featured on Techcrunch. How cool is that?
Game designers may be interested in using Kongregate. It will allow game creators to upload their games onto the Kongregate site which will afford the creators a split of the revenue earned through advertising and premium play. Apparently Jim Greer envisions his new company to be the YouTube for games. It will be a place to share games and a new playground for users out looking for another hangout (as if Second Life isn’t enough).
The business model appears sound and VC funding may be around the corner. Indeed, how cool is that? Coming from a gaming family, we look forward to playing in this new venue. This ought to be good.
Best of luck to your new company Jim!
Good luck to Kongregate on its start up!
That sounds like a good plan! The game designers get the publicity and exposure that they seek - as well as a bit of cash - while the Kongregate owners get a slice of the advertising revenue. I’m just a little bit worried about the bandwith cost, but the ad revenue should take care of that.
Good luck, Jim - always get to see another interesting and original start-up on the Net. I hope to have a chance to blog about your success one day!
carnival of wealth building ideas - February 13, 2007…
Welcome to the February 13, 2007 edition of carnival of wealth building ideas.
Paul Smith presents Tax changes cause concern for some shares posted at Investing using Fundamentals on the Aussie StockMarket, saying, “The article investigates ho…