Alas, personalized news streaming service / social network aggregator Streamy hasn’t been able to find a buyer willing to pay what the two founders were hoping to get for the assets, so the startup is shutting its awesome Web app down – for now.
In a short notice posted online, Streamy says it plans to “hold” the service and “reinvent it when the time is right”. In the meantime, however, both co-founders of the fledgling company have been forced to go out and look for a slightly steadier job. One has landed at social gaming juggernaut Zynga, the other at social networking juggernaut Facebook.
CEO Don Mosites, for one, is heading to Zynga to work on a “new, special project”. He won’t tell me what it is, but he promises it will be “big”. To be continued, I suppose.
The other co-founder of Streamy, Jonathan Gray, will be joining David Recordon (previously with Six Apart) and Monica Keller (previously with MySpace) and become part of the social networking giant’s open source division.
From what I can gather, Gray will be helping Facebook promote the adoption of projects like HipHop, Cassandra, Tornado, Thrift, and others. He’ll also continue working with HBase, which was the Hadoop-driven data back-end for Streamy.
Still remember hunting down an invite then inviting other people. Was pretty happy for that for a while, lol. But then I forgot all about it. No company did ever get this social news business absolutely right and satisfying for the users.
Sad news
Sad news indeed, I really liked Streamy. I found the presentation and functionality was great for how I wanted to view all of the streams I was interested in. I have not found a new service to replace their functionality yet.
appears a deadpool issue. somebody call it please.
-this is a sad day, had high hopes for the so-cal startup.
Sad to hear about Streamy – pleased that Don and Jonathon have found great jobs.
This is sad news. Streamy was a great service.
Anyone who has met Don and Jon would quickly realize that these two entrepreneurs will be successful in the long run.
It’s always sad to see entrepreneurs leaving LA for the Valley.
Best of luck on your new endeavors!
This is indeed sad, but I still have high hopes for the crew. In the world of business, this was a good move and I could see this as an option to survive the economic times & massive explosion of social media startups, like myself. By the time they finish getting great internal info from Zynga & Facebook, the pair should be able to locate funding, have improved skills, and get an idea of the future path of these two corporate giants. Zynga & Facebook will probably be the two most paid companies that offer online services because of their highly addictive impact on users. We’ll see if the competition let’s these companies survive & if STREAMY will make a comeback!
Bernard Thomas
Elucid Marketing Group
Elucidmarketing.com
@elucidmarketing
Fayetteville, North Carolina
I agree with Bernard. Jon and Don are both class acts. At the right post-Facebook and Zynga moment I am certain they will more easily raise funding and will deliver a new and better Streamy.