The layoff lie

A wave of layoffs is sweeping startupland. But why? "Today is my last day at Revision3," writes Damon Berger, one of the victims, in a mass email. "Due to budgetary cutbacks that are a direct result of the economic meltdown, I will no longer be employed at the company." Revision3, an online-video startup, has slashed…
Seesmic wins at layoff spin
"At Seesmic, a video blogging service, the day of reckoning — when it runs out of the $6 million it raised in May — will come in three years. To make the money last, Loïc Le Meur, the chief executive, recently laid off seven employees, or one-third of his staff, and cut all projects not directly related to the video…
Tough times, unoriginal blog posts
Mahalo founder: "Tough times, hard decisions." Zillow founder: "Difficult times, difficult decisions." Seesmic founder: "Tough times. Tough decisions." The only thing easy in these times is what to headline your post about the employees you just laid off. Also, make sure to note that you are sad.
Why Seesmic's layoffs don't mean what you think they do
Seesmic has laid off 7 employees — a third of its staff. Never heard of Seesmic? You must be doing something right with your life. The startup was ridiculous from its very conception as a tool for embedding videos as comments on blogs. Only to people who spend all day reading and commenting on blogs did that sound…
Seesmic's newest feature: layoffs
Click to viewSeesmic, an online-video startup, is laying off some employees working to create original clips for the short-form video site. The official explanation, from newly unemployed video host Rachael Joy: "Seesmic's not a content site, never has been. It's a conversation tool." Joy was host of the startup's…
TechCrunch advertiser AmateurMatch offers "real" sex
Nothing like cheap run-of-network ads to get the blood pumping in the morning — a tipster from Blighty spotted this ad for AmateurMatch offering "Real members, real sex" to TechCrunch readers yesterday. (Yes, I know, it could be a fake, but where's the fun in that?) By "real" I assume they mean as opposed to the cam…
Cal Henderson sighting at 330 Ritch
Stubblicious Flickr developer Cal Henderson and his "fake wife," Pownce community liaison Ariel Waldman, were sharing a precious booth with their entourage at yet another overpacked Seesmic party. Here, Waldman tries to chat with Laughing Squid founder Scott Beale over the din. Mahalo CEO Jason Calacanis and Twitter…
Michael Arrington almost made to wait in line with plebes
TechCrunch founder Michael Arrington just wants to get a scotch and hit on girls at the Seesmic party at 330 Rich, but ended up stuck in the multi-hour-long line outside the closing night party. Dutiful Seesmic founder Loïc Le Meur personally came out to escort him past the velvet ropes. For a second there, people…
Wellington Partners happy to spend our worthless American currency
At the brand new Contemporary Jewish Museum in San Francisco last night, the team at European VC firm Wellington Partners celebrated the addition of an outpost in Palo Alto to their existing offices in London and Munich with a swell mixer. The hors d'oeuvres? Cheese gougères, tiny lamb chops, mushroom napoleons,…
Seesmic launch illustrates how Metcalfe's Law and Dunbar's Number correlate
Metcalfe's Law, first forumlated by Robert Metcalfe, states that "the value of a telecommunications network is proportional to the square of the number of users of the system." The problem is, that as actual humans connect, the number of people you can connect to instantly swells far past Dunbar's Number, or "The Rule…
Loic Le Meur goes spelunking for the mythical g-spot in Seesmic demo
$1795 a head is a lot to pay for a sex ed lesson, let alone a tech conference, so why not combine the two? That was apparently the idea behind "Liquid Conversations" at Supernova, which nearly ran off the rails when panelist Loic Le Meur demonstrated his startup Seesmic, which the ebullient founder describes as "…
Bloggin' journos want to bring sexy back to classified ads
Steve Outing, a former editor at the Poynter Institute and self-described "new-media visionary" Christopher Ryan have started a blog to brainstorm ideas for new classified advertising business models. While quotes from the likes of new media pundit JD Lasica assert "Craig Newmark of Craigslist is not the devil…
Why Silicon Valley just won't shut up about FriendFeed
"Cathy Brooks is a typically unapologetic Silicon Valley Web addict," writes Brad Stone in the New York Times. "Last week alone, she produced more than 40 pithy updates on the text messaging service Twitter, uploaded two dozen videos to various video sharing sites, posted seven photographs on the Yahoo image service…
Arrington and French pal in Twitter snit over TED
TechCrunch's Michael Arrington and Frenchman Loic Le Meur got into a 140-character Twitter war this afternoon. The topic? The TED conference and French military history. Arrington said TED is lame because he wasn't given a free pass: "I defame anything cool that ignores me, until it stops doing so. it's worked so…
Loic Le Meur raises $6 million for videomail startup
Blogger turned entrepreneur Loic Le Meur has raised $6 million to inflict on the world a decades-old technology thoroughly rejected by consumers: videomail. He calls it Seesmic, and has repackaged videomail as "video conversations." Really, what this means is that the same people who film videoblogs you promise to…
