joi ito

  • ViKi Raises $4.3 Million from VC All-Stars to Translate the World's Video

    ViKi Raises $4.3 Million from VC All-Stars to Translate the World's Video

    First it was distribution. Then it was monetization. The next generation of Web entrepreneurs’ make-or-break challenge will be localization and a big part of that is language. The Web is so powerful today and the valuations are so high, because it is a billion-person-audience and growing. But more of them speak Chinese than English, and critical masses are developing around Spanish… Read More

  • Neoteny Labs' James Chan on Venture Capital in Asia

    Ask a VC: Is Southeast Asia's Economic Growth for Real This Time? [TCTV]

    As promised, my guest on Ask a VC this week is James Chan of Neoteny Labs, an early stage investment firm with operations in Singapore. Chan isn’t some banker-fied expat, he’s a “son of Singapore’s soil” as he phrases it. He was educated in the system, served his two years in the army and got a scholarship to study in the US, part at Carnegie Mellon University… Read More

  • Shutterfly Buys Tiny Pictures For A Tiny Price

    Shutterfly Buys Tiny Pictures For A Tiny Price

    After raising a total of $11.2 million since its founding in 2005, Tiny Pictures sold to Shutterfly on Friday for $1.3 million in cash and another $1.3 million in restricted stock to employees, which has some performance triggers. If you back out the earnout, investors only got back about a tenth of what they put in. Those investors include Mohr Davidow, Draper Fisher Jurvetson, and angel… Read More