SocialCam's main competitor, Viddy, just raised at a $370M valuation, and some data[1] show SocialCam at around 2X the traction of Viddy (post-sharkfin for both). The modest scale of this acquisition is not the kind of comp you want to see if you're Viddy, especially with their Series B terms[2].
I'm curious what the HN crowd thinks – has mobile social video peaked, or has it just not been done well enough yet?
1. http://i.imgur.com/ncvPr.png 2. http://www.businessinsider.com/viddy-series-b-terms-2012-5