Betaworks, Conway, And Sacca Embed $250,000 Into Embedly (YC W10)
techcrunch.com
techcrunch.com
That said, I think the company needs to explain to developers what happens if they build a hugely successful site on top of the API and depend on the embed.ly functionality.
For example, I see no Terms of Service -- So can I cache the output to reduce requests? Can I re-syndicate it in other formats? Can I power my meta-data scraper through embed.ly? Will they start to charge me? Will they release stats on most frequent API request URLs? Will those be aggregated or per user-agent?
I'm all for supporting new startups, but I'd like to know how they will support me for using them as they grow up.
PS, Please don't comment about how building a popular site or service on top of embed.ly (or someone else's API) is a bad idea – their entire business depends on you assuming it's okay to do that, so I'm just taking that assumption and rolling w/ it.
IMHO, this is "problem" you solve which helps you gain traction, not a problem you solve once you have traction.
Just tell people what happens if they build a great site on top of the service you are offering today. Otherwise you're telling people to wait and see. (which I don't think you want)