Revision3 - Will it work?
The Digg boys are at it again.
NYT is saying they have almost $1 million in backing:
Revision3 has close to $1 million in financing from a group of investors that includes Marc Andreessen, the founder of Netscape, and Greylock Partners, a venture capital firm that has backed the start-ups Facebook and LinkedIn, as well as Digg.
Banking on the success off the hot-play that has become THE social news network mecca (Digg) and starting to push out the next hot thing (wait, doesn’t FOX have this market cornered), Kevin Rose and Jay Adelson are betting that the future of DIY shows is now. From the site’s ‘about us’ page:
Our mission is to deliver reliable, consistent, professional and fun tech content for Internet and TV distribution.
Rev3’s been around for a little while and mainly serves as one of many places that they post their popular Diggnation show. A show called “Ctrl-Alt-Chicken” is also a popular one on Rev3. With Apple’s announcement of iTV coming soon, this type of play begins to have legs.
Based on their success with making user-generated news actually work to a new bet on the booming sector that is user-generated video, I wouldn’t bet against the Digg boys.
