Memeoirs Raises $300K To Turn Your Facebook Conversations Into A Book
techcrunch.com
techcrunch.com
How about some REAL INNOVATION, PEOPLE?
Not this warmed-over, iterative solipsism. Our technology is circling the drain of self-perpetuating narcisism. Investors are a spineless bunch who shy away from anything actually "new and daring". What happened to the "V" in "Venture Capital"? You know the part where you are actually taking a RISK on something?
/rant
No offense intended to the Memeoirs guys personally.
"I saw the best minds of my generation, writing spam filters" -Neal Stephenson
I think I understand where this is coming from because I too sometimes feel the same. However, I also believe it's possible to create value with technology that is not a major innovation.
That said, the value Memeoirs creates is the perpetuation of people's "digital letters". We don't want to live in a world where there is no tangible written communication and we believe we are not alone.
I would also like to point out that this was not VP money. Our investor is an Italian printing group who does not usually invest in other companies.
I've been on Facebook since 2004, and met my wife shortly after that... We've been FB friends since we started dating, but I can honestly say we have barely any electronic correspondence. Certainly not enough to fill a book.