140Char

I’d be surprised if you’ve avoided mention of Techcrunch’s TC50, but if so, it’s one of the biggest conferences and events of the tech year, with startups able to pitch for a cash prize, investors, and the like’s of Kevin Rose in attendance.

Although the Techcrunch interview mainly focuses on Digg, they do ask whether or not starting Pownce was a mistake – skip to 7.26 if you just want the microblogging:

It’s a popular question today, after both Techcrunch and Mashable covered the launch of The New Platforms Fund, which will invest between $1000-$3000 in 10 ideas (plus human support), in exchange for a minor equity stake.

Techcrunch was pretty disparaging about the idea (headline: If you are really, really desperate for cash, these guys will give you $3k) Mashable’s take was a bit more open about the diea.

If you want to apply, the form is here.

But what is quite interesting is the debate in the TC comments around how much this could actually fund – obviously it’s not enough to pay for a team of developers for a year, but could it help 1 or 2-person start-ups just out of college to spend a month or two on one idea?

Or, given the current state of the economy and job market, could it be enough to make the mortgage payment for a month whilst you try something different? Or to get the services of a developer or designer for a week or two to make a simple concept into reality?

After all, Stocktwits got more funding after just two months.

But do you think $1-3k is enough to get something started? And is it worth giving up some equity in order to reach another round of funding?

There’s a new service, Twitblogs, which allows you to post without being limited to 140 characters, include image tags, embed videos, and include urls of images and audio files – and it also updates Twitter for you.  (There’s a write-up on Mashable with some very interesting comments around the legalities of the appearance etc).

But the flipside is that the founder Sam Sethi, has some previous noteriety, after previous startup Blognation closed.  Michael Arrington writes about both Twitblogs, and links to his own experience with Sethi, who is a former editor of Techcrunch UK.

While I wouldn’t take anyone’s view on what happened as unbiased, and don’t know the details to comment, Arrington does make a couple of very good points about Twitblogs:

• You need to disclose your Twitter username – and importantly your password (something that’s been raised as an issue with other applications)
• Although a privacy policy page has been added, the site still hasn’t got any Terms and Conditions listed – the Terms at the bottom of the page isn’t linked. And although most of us may be less than thorough when looking at the Ts and Cs, there are times when they become vitally important.

Personally I’ll wait and see what other responses there are, until I get a chance to use the 140char test account – but in the meantime, you can always see the latest thoughts, as ever, via Twitter Search.

There have been lots of reports on the Techcrunch50 startup conference/competition, and lots of coverage of Yammer winning the top prize.

It takes the Twitter model, and asks ‘What are you working on’ for enterprise, so a private Twitter for companies. It’s free to use for employees, but the business model kicks in if a company wants to claim their network and get administrative tools to remove messages and users, set password policies, or set IP ranges for who can use it.

So far so good – as always, I’m reserving my judgement until I get to sit and play with it – which I’m about to start doing for a fun little project. One of my main concerns is about the scale of take-up. A comparison between Facebook and Twitter shows microblogging is far from ubiquitous.

With this in mind, will there be enough scale within enough companies to make it worthwhile for companies, and also to show enough revenue to make sense? The natural audience is in the global technology companies, but beyond that, it might be somewhat limited as a mechanism for people with 6 employees signed up and the rest ignoring it.

It will also be intriguing to see how it works across departments, and particularly across verticals. Will people interact in a meaningful way if the management are seeing every message (Yam?). Will it lead to decisions becoming slowed by  Death by Committee as everyone seeks to put in their opinion?

For me, there are too many questions to predict whether it will be successful or not. Within a large UK organisation I’ve seen Facebook rocket in popularity for social use but fail to get traction for business use. Meanwhile LinkedIn has again grown, but as a tool for external contacts rather than questions and interaction. One company in one country isn’t exactly a representative survey, but even within the hardcore of early adopters who embrace social networking (and indeed microblogging), I’m not sure there’s enough conversation to necessitate Yammer over email/instant messaging/forums.

Still the $50,000 Techcrunch prize is more money than a lot of social networks have achieved, so they’re off to a good start!