Seesmic

People share their opinion on any topic in video. There is a social software layer, much like Twitter, to follow the conversation. Loic calls it the "CNN of my friends."

There are 2,000 videos posted per day with only 1,500 people subscribed to the stealth site. 

Business models:

1) Subscription, like on Flickr

2) Advertising on free version

3) Licensing the Seesmic platform/technology to brands/contents 

4) Mobile

 

 

Amazing group of angels that have put $6 million into the company. Those angels include Steve Case, Reid Hoffman, Ron Conway, etc.