March 12, 2006

Go Jump In A Stream

Last July, I signed up for Last.fm’s streaming radio service. I played around with it for a while but eventually left it alone, because I don’t like proprietary players.

At any rate, the other day I picked up on Joi Ito’s investment in the British firm.

I’ve generally stopped making new investments other than in particularly exceptional situations. However, last.fm is one of those exceptions and I wanted to let you know that I invested together with Reid Hoffman, CEO of LinkedIn and Stefan Glänzer, CEO of 20six Weblog Services AG in the UK in October. It is the first time I’ve invested in this trilateral formation, but with the company in the UK, a lot of potential partners in the US and a big market in Japan, this team seems to make sense.

Ito is a Japanese-born, American-educated, activist, entrepreneur, and venture capitalist. He is also one of the more impressive characters on the interweb, so his financial support for the last.fm project is a key indicator that there’s much in store for this Web 2.0 company.

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  1. Brad is like a God to me…

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  2. We can now add FestivaLink to the Brad list. So far, music from one fest–Merlefest–is available. More to come.

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  3. thanks for the notice! We launched in May with MerleFest, and have since added shows from Grey Fox Bluegrass and Newport Folk fests, with Rhythm & Roots coming up in Sept. We record all sets in multitrack, and post-produce them at Airshow Mastering’s studios in Boulder. We’re happy that folks notice the difference in audio quality.

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