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Mobile Skill Gaming Service GameJane Launched in Finland

mån, 01/05/2009 - 18:05

Swedish startup Trust Solutions has launched its mobile skill gaming service GameJane (see previous coverage) in Finland.

The new web page is neat, demonstrating upfront what the service is about. It also nicely brings forward the player community activity, showing “today’s top players” and their winnigs, latest logins, and latest game played in the community (with the option to watch instant online replay).

The mobile application also works smoothly. With your first login you’re given 500 credits so you can try out the head-to-head play (and get hooked). You can always practice against the computer AI for free, but since all games are two-player real time head-to-head games, it’s quite limited fun. One credit is always equal to one Euro cent (0,01 Euro). By winning games you win more credits (GameJane does business by taking a small cut from the bet). The games are actually quite fun to play even though they’re somewhat simple, and it’s easy and addicting to pick a match against live opponents.

You can buy more credits by credit card on the web page, or premium SMS texting a short code. The billing fees have been directly transferred to the consumer, though, so it’s not that encouraging to get 50 credits with 1 EUR SMS payment. Anyway, the catch is, if you’re good enough, you can cash out the credits you’ve collected. GameJane allows withdrawals minimum of 20 EUR each and maximum of 100 EUR per month. The consumer also pays the (varying) withdrawal transaction fees.

In the negative side of things, there’s still sometimes “empty lobby syndrome” affecting the service - there have been times when no other player has been online, and you won’t then stay long either. There are a few annoyances in the UI as well. First of all, why do I have to enter my login details every time starting the application? In this kind of service, of course, with real money involved, it may be you want to protect your account from others. But since phone is a personal device, at least the user name should be automatically remembered. One other thing is that there is an annoying beep used as part of the UI every now and then with certain text boxes or events (think about the old PC system beeps…).

Another aspect, which may hinder the virality and mass market adoption is that the first thing when starting the application it asks you to connect to the internet. It may sound trivial to all techie guys and more advanced mobile users as it’s a connected service (also, the client is only 60kb, and seems the whole UI is loaded over-the-air). But believe me, that is something that will drop off significant amount of users in the mass market. It would be much better to let the user go to a menu first, and maybe demonstrate somehow what the whole service is about before asking to connect. This somewhat similar as with internet services where you want to get hook deep enough before you ask the user to commit (e.g. create an account). Another disadvantage is that due to the heavy use of network, a) you need to be on data plan, otherwise you’ll probably lose your winnings pretty soon; and b) the phone battery is consumed faster than with standalone games.

Nevertheless, the service is rather enjoyable, and it will be interesting to see how Trust Solutions is able to expand the user base.

Trust Solutions, Trust Solutions' focus is on development and management of multiplayer mobile games. Our real challenge... More on ArcticIndex.com

MoiPal To Implement New Virtual Goods- Store Widget

mån, 01/05/2009 - 16:18

MoiPal, a Finland based social gaming virtual world by Ironstar Helsinki, has introduced widgets for music artists to sell MoiPal virtual goods to the virtual world users. MoiPal is not a localized virtual world like Habbo, which has started their community building from scratch in each new country. Instead MoiPal aims to create a common space where all nationalities mix and thus make the world seem more lively. MoiPal is also mainly intented to be played via mobile phones. According to MoiPal CEO, Joakim Achrén, focusing on mobile phones instead of the browser creates stickiness and users tend to come back much more often.

MoiPal has been working on virtual goods partnership all along 2008. These have mainly been with record labels and Finnish music artists, including Lovex, Hanoi Rocks and Lordi. What this means in practice is that the partnering artists have seen a MoiPal character creation widget appear on their website. If a MoiPal charater has been created through one of these websites, the character that has been created have been able to get virtual clothes and a look that resembles the one of the artist who’s website is in question.

Through the partnership the artists get visibility in MoiPal virtual world when characters walk around in t-shirts and clothes that carry the artist logo and name. Artists can also perform a virtual concerts in MoiPal City, which is the center of the MoiPal virtual world. Currently Lordi, a Finnish heavy artist, is actively present in MoiPal and interacting with the users.

The latest development is selling virtual goods via a widget that sits on an artist website. MoiPal has confirmed its first deal that was done with EMI and EMI’s up-and-coming new artist, Haloo Helsinki. With a Premium SMS message the users can buy their character a full blown Haloo Helsinki costume set. In addition to the 50/50 revenue share the record label can get visibility to their new acts.

MoiPal is currently in talks with all the major record labels for similar kind of deals. The virtual goods store -widget can also be placed on an artist MySpace profile page via OpenSocial that MySpace has implemented. This has also been experimented with two Finnish bands, namely Stigg Dogg and Notkea Rotta.

MoiPal has currently over 100,000 users. The service was launched in October 2007 and aim to hit over one million user mark by the end of 2009. The two biggest methods in building the virtual world for MoiPal are Facebook apps, of which they already have all together three, and getting visibility in artists’ websites. Currently most of the new users come from South-East Asia. The service grows with  approximately 600 new users a day.

If you feel a sudden urge to try out the service (here), by writing moilei or snoukka in the promotional code field ArcticStartup readers will get a free virtual t-shirt for their MoiPal character. Go play!

Ironstar Helsinki, Creator of social gaming virtual world MoiPal, which can be played on both browsers and mobile phones. More on ArcticIndex.com

Russian Investment Bank to IPO FriendFinder Networks

mån, 01/05/2009 - 08:30

While we cover the startup market, we do keep an eye on the investors as well and this is a story from the East that needs to be told. Renaissance Capital, a leading Russian investment bank, will be the sole underwriter of the $460 million FriendFinder IPO in the United States.

FriendFinder is the parent company of the notorious AdultFriendFinder ads that can be found all over the internet. Penthouse is also one of the products of the company and has one previous failed IPO attempt behind it from 1993. The company is in good health as it’s net revenues for the first nine months of 2008 were $262.4 million, resulting in operating income of $36.1 million and EBITDA of $66.6 million.

Renaissance Capital, head quartered in Cyprus (like many Russian companies), has been relatively active in the startup scene lately. They were the one of the underwriters of the Yandex IPO, which was later postponed due to market conditions.

Furthermore in the internet sector, Renaissance Capital was an advisor in the sale of 30 percent of Mail.ru stock for $165 million to Naspers of South Africa in January 2007. Mail.ru is the one of the largest internet portals in Russia. Renaissance Capital also played an advisory role in the 55% acquisition of Rambler by Prof-Media in October 2006.

Finnish Social Gaming - Calm Before The Storm

fre, 01/02/2009 - 16:45

I met Jussi Laakkonen the other day and asked what is he cooking at the moment. Jussi is a Finnish social gaming long timer and a fresh CEO of EveryPlay.

Here’s a video I shot with my Nokia N95 and subsequently uploaded to JayCut for editing via my laptop (see more on JayCut here). In the video itself Jussi Laakkonen tells about his new social gaming startup, which is still in stealth mode. Jussi asked me to mention that Everyplay is looking into hiring a sitebuilder that can handle Ajax and PHP. You can send your resumes to corporate [at] everyplay.fi

Another long time Finnish gaming master mind Asmo Halinenha s also announced that he’s moving on from Apaja, a company he founded, but has only let us know about a few board positions his moving into at this point, namely at Eat.fi and at Grey Area.

Social gaming startups like for example Playfish is a great exemple how fast the industry is developing and what kind of opportunities (Link In Finnish) there are if one knows what he is doing.

Social gaming, unlike many other industries, can actually benefit from the gloomy economic environment, as people many times move towards inpexsive games played in the browser from the expensive console games, and in extreme cases have much more time to play and tinker with all kinds of stuff online if they get laid off. As harsh as this may sound, this is largely how for example Typepad got started when Ben and Mena Trott started Six Apart after they got laid off.

Further, Jussi promised us that he will shed light into how the Finnish gaming industry has evolved from an active demo scene by writing a guest blog post on the topic. Another strong player that has come this route is Scred.

EveryPlay, EveryPlay is a social gaming startup operating in stealth mode. More on ArcticIndex.com

JayCut, JayCut, a Swedish startup, offers online video editing and watching technology for businesses to license... More on ArcticIndex.com

Scred, Scred makes it easy for groups of people to manage their finances. Scred was originally developed... More on ArcticIndex.com

JayCut Brings Video Editing To The Browser

fre, 01/02/2009 - 14:32

JayCut, a Swedish startup, offers online video editing and watching technology for businesses to license and for the public to use. The company enables me to do everything I do with for example iMovie, but in the browser. Thus, I don’t need to download any clients, and I can save my videos in the cloud. Not only that, JayCut makes video editing also easier compared to what it is with the usual suspects such as iMovie. That said, there’s room for improvement as for example the transition effects did not work quite as I had hoped for (see video in my next blog post tonight).

Below is a short video demostration by JayCut staff on how easy the video editing is:

JayCut offers the following services:

  • Online video editing technology, fully branded and integrated
  • Complete solutions including editing, watching, uploading and community features
  • Advertising campaigns letting visitors edit for example their own TV commercials

Despite being a very young startup, JayCut has already achieved a lot in many fronts. They are the provider of a complete video solution to IKEA, which was launched in August 2008. They also picked up the SIME Innovation Day Award 2008 from Google, Telenor and Ericsson. Entertainment Site of the Year 2007 (awarded by a Swedish language e-business site Internetworld), Young European Entrepreneur of the Year 2007 in Business Week, Top 5 Swedish Enterpreneur of the Year 2007 in Internetworld, CNET Webware 100 Video Finalist and last but not least, they secured a small angel funding round in 2007.

The company was founded in 2007 and if already profitable from licensing the editing tool and their video platform. After talkign to JayCut CEO, Jonas Hombert, he said that having so many competitors disappear (Eyespot, bankrupcy; Flektor, removed editing service; Jumpcut, put in deadpool by Yahoo) JayCut is a big fan of the economic crisis. A healthy counter perspective to the very common recession mongering in the industry these days. MotionBox is one of the competitors still actively challenging JayCut’s service.

JayCut is soon releasing their new editing tool. Jonas Hombert told us that we can wait the release early 2009. I am sure to follow this Swedish startup and edit most of our videos with JayCut from now on.

JayCut, JayCut, a Swedish startup, offers online video editing and watching technology for businesses to license... More on ArcticIndex.com

Unity Technologies Eases 3D Game Development for iPhone and Wii

ons, 12/31/2008 - 17:00

Unity Technologies is a Danish gaming technology startup. They provide tools for creating visually-rich 3D downloadable, online, iPhone and Wii games, or other interactive content like as architectural visualizations or real-time 3D animations. The company is based in Copenhagen, but has an international team and a sales office in San Francisco.

The company’s main product is Unity multi-platform game development tool, including a 3D game engine, which enables developers to create cutting-edge 3D content supposedly faster and more efficiently than with other tool sets. The Unity editor only runs on Mac OS X, but it can be used to produce games for Mac, Windows 2000/XP/Vista, Nintendo Wii, and iPhone. In addition, it’s possible to publish a web game played inside a normal web browser from the same project, the visual fidelity being identical to the standalone version. This is achieved by the company’s own Unity Web Player Plug-in for the most common web browsers. The plug-in is said to be already distributed in “6-digit” numbers.

Over the past couple of years, the company has gotten lots of new clients from indie and small shop developers, and a few high-profile customers including Disney, Sony Motion Pictures, and Cartoon Networks. Unity has been used in games, advergaming and edutainment projects, and technology demos. There is quite impressive a variety of games (latest best).

The company promises to combine usability, power, and platform reach in their tools, and seems there is user support for the claim as well. The framework is said to have built-in fallbacks and workarounds to provide solid support for almost all hardware and software combinations. It also presents features like Live Preview for playing the game exactly as it is and do real-time modification, Click to Publish to build the game with one click and running it with another, even directly on an iPhone. Unity also claims that with their tools the developers get the best out of iPhone, “consistently beating GL ES benchmarks by 30-40%.” However, while Unity has features supporting ease of use, like drag-and-drop, it’s still script-based programming tool, so not perfectly suitable for purely visual designers alone.

Unity Technologies is a technology company by heart, they state they’re “all about building technology, driving it forwards, and supporting it.” The company offers the tool with a standard licensing model, differentiating between small developers and companies with turnover in above USD 100,000.

Unity probably finds the biggest market within smaller indie developers and in different special projects (like WolfQuest and Axe Billions), while the big companies most likely will keep using and developing their own tools. Considering the real mass-market, online web gaming, the web plug-in works neatly, but the biggest drawback is exactly the need for it. It’s not possible to install new plugins in many of the public or workplace computers, even though the installation of the Unity plug-in is quick in itself. Gaming sites offering Flash-based games have become hugely popular due to the fact the Flash plug-in is available in pretty much all main browsers. Breaking into the mass-market will thus be difficult. Also, the market for in-browser 3D gaming is still relatively small compared to casual 2D games. There’s also competition, like Adobe ShockWave and services like InstantAction competing for the hardcore gamers. In iPhone game development, on the other hand, it will be interesting to see what kind of customer base Unity is able to get.

If you want to check out a demo, see Unity’s Tropical Paradise browser demo.

Unity Technologies, Unity Technologies is a Danish gaming technology startup. They provide tools for creating visually-rich... More on ArcticIndex.com

One Did It Aims To Build An Eco-Social Network

ons, 12/31/2008 - 10:36

One did it, a Finnish startup specialized in eco-social networking, launched its first product, an ecological backpack which is a tool to illustrate the volume of natural resources we consume. The ecological backpack calculations are based on the MIPS-method, which was developed in the early 1990’s in the Wuppertal Institute, Germany.

MIPS stands for Material Input Per Service Unit.  The method can be used to estimate the environmental burden caused by a product, service, or a lifestyle. The MIPS calculations are based on the entire life cycle from cradle to grave, which translates to extraction, production, use, waste/recycling.

Just from the One did it landing page it’s hard, if not impossible, to see that it’s actually a social network in the making. The ecological packback is the very first bit in what is planned to come an eco-platform.

To put the ecological packback into context, One did it tells us that:

The ecological footprint and backpack both measure the volume of natural resources used by the human community. However, the two methods have a different way of measuring resource use. The footprint takes into account the biologically productive land and sea area required by the human community to produce the resources it consumes and to absorb the waste produced. The unit of measurement is the global hectare. The ecological backpack is used to measure resources used or transferred in the ecosystem in kilo- grams or tones.  The ecological backpack takes into account non-renewable resources in addition to renewable resources.

One did it co-operates with the Finnish Association for Nature Conservation and the Wuppertal Institute in Germany.

One did it Ltd is also part of the Finnish digital marketing agency Nitro Group. One did it closed their first financing round in the summer of 2008. Nitro Group is likely to be one of the main investors. In this economic climate it seems a challenge to get more investments in for a social network concept which does not have a clear revenue model in short to medium term. Yes, they could probably sell user data or advertise eco-friendly products, but that won’t support a staff of seven full-time employees, let alone make real money for the owners. The company also states that in the future it aims to be comprehensive, ecological lifestyle brand, which could mean having its own line of apparel and what not, but for the time being we’re just seeing an online tool.

The company does neither own any IPR rights to any measurement technology or scientific methods, since they use the MIPS. This was also brought up by the judges in the Mindtrek Startup Launchpad competition a while back, where the company was challenged to differentiate themselves from Yahoo! Green and the likes. To be perfectly honest, I still can’t see how One did it will differentiate itself from Yahoo Green!, which has already tons of stuff for eco-friendly visitors. Perhaps language versions for each country, but it’s still a long shot.

Regardless of the challenge in respect to the business model dilemma, the ecological backpack tool is fun to use. If nothing else you can see where you rank in respect the EU average. Perhaps a good place to start figuring out what those New Year promises will be for 2009 and to make my lifestyle a bit more eco-friendly.

One did it, One did it is a Finnish startup specialized in eco-social networking. The company states it "creates... More on ArcticIndex.com

BarCamp Baltics 2009 Gathering in Latvia in February

tis, 12/30/2008 - 14:00

BarCamp Baltics 2009 will be held in Riga, Latvia, between 6th and 8th of February, 2009. That’s the place to be if you’re interested in Baltic and Russian ideas, views, and cooperation around mobile and web projects.

BarCamp is an international network of conferences organized around different themes, based on the idea that participants will generate the presentations and discussions for and in the events themselves. BarCamp Baltics brings together social networking and new media specialists, bloggers, podcasters, developers, designers, entrepreneurs, marketers, and mobile Internet professionals and enthusiasts.

The event will feature 5 to 6 simultaneous sessions, including presentations, workshops, messages and discussions, 30 minutes long each. Between 75 to 95 presentations in total will be held during a day. Participants can choose any sessions to attend and also the topics they want to present, and there will be presentations both in English and in Russian. Around 500 to 600 participants from the Baltic States and CIS, Central and Western Europe, and Americas are expected to be present.

BarCamp Baltics aims to to stimulate the development of new IT and media projects in Baltic states and CIS, and enhance networking and provide connections for international commercial and non-commercial joint projects. BarCamp Baltics 2008 gathered together more than 500 people from 23 countries, and was supported by the biggest media in Latvia.

BarCamp’s been arranged also in Helsinki, and there are a few other ones coming up: Odense in January and Århus in March, in Denmark, and in St. Petersburg, Russia, in May.

Eat.fi Shows Strong Traction in Visitors

tis, 12/30/2008 - 08:00

Eat.fi, the Helsinki based restaurant review site, has shown strong traction in the last months, according to their blog. Although the figures aren’t that high compared to international web services, 10k uniques a week is relatively good - especialy if you look at the growth rate, they have doubled the uniques in a matter of 2 months.


Oindex.fi statistics for Eat.fi

The uniques have been increasing fairly steadily after they redesigned their site and made the service a lot more usable with new features. The biggest obstacles to overcome in my opinion is for them to create a truly scalable service that does not require them to manually insert all restaurants in each city. The service itself has also a lot of potential to grow in other terms for example, adding menus on to the site and enabling users to specifically rate individual foods - something not many restaurant review sites do.

Eat.fi has also attracted other kind of traction. Tina Aspiala, the founder of the company has taken Asmo Halinen of Apaja fame on board as an advisor. Asmo has also joined the ranks of Grey Area as an advisor.

Eat.fi, Eat.fi is a restaurant search and review site based on a time-based dynamic map. The color of the dots... More on ArcticIndex.com

Twitter Moving Towards Jaiku?

mån, 12/29/2008 - 17:15

The latest storm from the world of Nordic microblogging got me thinking a lot about Jaiku, Twitter, FriendFeed, the microblogging in general and the Open Stack that’s trying to open up the silos, not just in microblogging, but the social web in large. We are looking into reaching the point where, just as Jyri Engeström put it, “[n]o single service, no matter how large and powerful, is the platform. The Web is the platform”

Now Many have realized that Twitter, which was competing head on with Jaiku and has won that race for now, should allow the service to develop towards what Jaiku did right when it launched, namely enable conversations. I believe those two services are different and perhaps should remain so and just talk to each other via open standards such as XMPP or an XMPP equivalent. Therefore I am not advocating Twitter becoming more Jaiku-like. Twitter should have its own future trajectory. What I am very strongly advocating is for the heavy users of FriendFeed and Twitter to start using Jaiku, the one service that does what services and apps using Twitter API are increasingly trying to do. TweeTree being the most recent example of that. Do I have a vested intrested in this? You can bet on it! I strongly believe Jaiku is a better service to engage in meaningful conversations and I am in Jaiku, but many people I would like to converse with are not.

Below Chris Messina below outlines his vision on where he sees activity streams going. He notes that activity streams need a “[l]ocation and context attached to or as attributes of social objects that are being created” and not just a lonely tweet which is not connected to anything. As Chris mentions in the video below [8min 27 sec into it], this is where Jaiku started from. Now we just need to get Google to realize the value it has in Jaiku and let Jyri & Co. to develop Jaiku further by incorporating filtering (by actor, action, social object, place, time, etc.), fast feed fetching, opening it up for the world to use and develop and voilá. Compare this to the #hashtags, which is about the only thing you can use to put your Tweet into a relevant context. This is really nothing but a poor hack compared to what Jaiku already can do for the conversations.


Talking Social Network Interop @ GSP East from Brian Oberkirch on Vimeo.

Since we are not yet living in a world where all the silos are broken and all the services can talk to each other, I think the Silicon Valley digerati should pull their heads from the California sand, see beyond their Valley bubble and give (yet again) Jaiku collectively a try to realize its value instead of complaining how the Twitter-cum-Jaiku attempts don’t work. Yes it’s closed, but the invitations are unlimited and I’m sure most of the microblogging heavy users already have an account. If not, I will personally send an invitation to anyone asking for one (you can email me at ville [at] arcticstartup.com). Twitter has the critical mass, but Jaiku still kicks its ass any day as a service to have meaningful conversations in. Since Twitter is not going to become Jaiku any time soon we all should give Jaiku another try. Struggling with two services is a drag, but things are changing fast, and once the users are there, Jaiku and Twitter can complement each other until the two services can openly talk to each other - or until a better option emerges.

Jaiku needs its critical mass and it needs to grow to become truly relevant to link people globally. I am advocating people to move there not only because I or some other people are there, but for the purposes of having conversations, it is a far better service than Twitter or FriendFeed. We should see and use the two services as the different services that they are, just as Eat.fi’s founder @Spongefile commented here:

Jaiku is like a constant huge cocktail party hosted by your friends with interesting conversations to drop in on with semi-strangers.

Twitter is like getting constant voicemail from everyone you know. You can reply via the same method, but that’s no way to communicate.

So how about it Scoble? While we wait for the silos to come down, shall I send you a Jaiku invite?

Jaiku, Jaiku is an activity stream and micro-blogging service that works from the Web and mobile phones. Jaiku,... More on ArcticIndex.com

Spotify Enables Scrobbling, Makes iTunes Obsolete

mån, 12/29/2008 - 12:00

This is the best news coming from Sweden since Abba - Spotify has enabled scrobbling. Scrobbling means Spotify now supports integration to Last.fm. This is indeed very big news as Last.fm has a huge community of music lovers that have until lately been left out with using Spotify. I’m one of them and this move has made my iTunes usage totally obsolete.


To enable scrobbling, go to Spotify’s preferences and add your last.fm details there. Just to make sure, close the program and launch it once more and you’re set.

Why is this such a big deal? There are at least two reasons. Firstly, Last.fm has a huge music community that love Last.fm and want their listened music to be added to the service to find new music in the future, which is the second reason. One of the benefits of Last.fm is the possibility find new music through your peers by matching your musical taste to theirs and for this you need a relatively extensive list of listened songs.

However, there lies a larger possibility here for Spotify. By allowing the usage of third party applications or plugins in conjunction with Spotify, they are creating a healthy developer community that will take the service to new levels. This is one of the reasons why Twitter has been so popular as developers have been able to make use of the service exactly in the way they have wanted to, creating more traction for Twitter itself - something all web companies are looking for.

Spotify, Spotify is a Swedish startup offering a lightweight software application enabling on demand streaming... More on ArcticIndex.com

Apply for MobileMonday Global Peer Awards 2009

mån, 12/29/2008 - 06:30

As the new year soon starts, the Mobile World Congress in Barcelona, Spain will only be a few weeks away. Similarly to last year, MobileMonday in Barcelona will be organized the same week of the congress, on February 16, 2009. Also as last year, the event will focus on MobileMonday Peer Awards finals, the largest mobile startup innovation competition on the planet as the tagline says.

It’s now time to register your startup to the competition to your local MobileMonday Chapter (the one in your city, or the nearest one). Hurry up, the registration closes December 31st, midnight your chapter’s local time!

Each MoMo chapter will select their nominee for the finals using their preferred method of choice (email voting, local event voting, founder’s voting, jury, etc.; check your local chapter for more details). An international jury will then select the Peer Awards winner from 20 finalists in Barcelona based on 3-minute pitches.

Each chapter will announce their nominee by January 16, 2009 midnight local time. Notice that if you want to be eligible for the finalist nomination, you must be willing to travel to the Peer Awards in Barcelona at your own expense.

As there are altogether 67 chapters (!) participating this year, there will be an international virtual jury pre-screening the nominees, and selecting the 20 finalists. MoMo is trying to make the selection as transparent and open to the industry as possible. They are thus accepting applications to the finalist-selecting jury from individuals, to select the finalists among all the chapter nominees by online vote during mid-January. The virtual jury members will not need to travel to Barcelona. If you’re interested to become part of the online jury email jury AT mobilepeerawards DOT com with a short bio, your LinkedIn profile, and personal blog and twitter name if you have one.

Merry Christmas from ArcticStartup!

tis, 12/23/2008 - 17:00

Even entrepreneurs need to rest every now and then. Christmas is probably one of those times that is well spent relaxing and socialising with family and friends - something not many of us get to do too much over the year. We’re going to slow down our blogging for the Christmas holidays and continue again on Monday 29th for a few days before the next holidays kick in.

If you haven’t had time to shop for a Christmas present just yet (or even if you have), consider investing some money into third world entrepreneurs through Kiva.org’s microloans. A steady job and income are perhaps the best methods to pull people out of poverty and what better way to do it, than to loan some money and enable entrepreneurship on a grass roots level. If you haven’t registered yet, do so now. All you need is 25 USD and a few minutes.

Image by CairoCarol (CC:BY)

ArcticIndex Growing Strong. Register Now!

tis, 12/23/2008 - 13:58

We released ArcticIndex just two weeks ago and we have already nearly 80 registered startups and nearly 60 registered entrepreneurs in the index.

It’s easy and free to register, just as it’s easy and free to use the service.

We wanted to build the service because we strongly felt that the Nordic and Baltic startups deserve more visibility. I quote myself here:

We at ArcticStartup aim to encourage entrepreneurship and to help create a radically optimistic entrepreneurial culture here in the Nordics and Baltics, and thus have long wanted to bring more visibility to the market and most importantly give visibility to the many kick-ass startups we have here.

Now, we’re excited to announce that we’re are one step closer to our common goal by introducing ArcticIndex. It’s an early beta and we’re are adding features and improving it as we go so please be patient. There’s a road map full of features coming, but we wanted the community to be able to use it as soon as possible.

We are happy to say that we have received nothing but support and ‘thank yous’ from the startups and entrepreneurs all over the arctic region. Still, we hope to build the service a far and wide to give full benefit for the startups and entrepreneurs in the region and to give a stronger standing for the whole arctic startup scene in the global arena.

If you’re a startup or an entrepreneur and you’re not in the ArcticIndex yet, make sure your customers, media and peers can find by registering (here!) and getting a great start to 2009. Thanks!

Image by Paul Keller (CC:)

ArcticStartup, ArcticStartup, founded in 2007, is the leading weblog reviewing and reporting on internet and mobile... More on ArcticIndex.com

Kisko Labs, Kisko Labs helps you to turn your ideas into a revenue stream. Kisko acts as your technology partner... More on ArcticIndex.com

Santa Claus Iphone App

tis, 12/23/2008 - 12:00

Since Christmas is coming we also wanted to tune in and bring something Christmasy to our readers on the eve of the holiday season and what can be more timely than Santa Claus Iphone app. A Finnish company, Iconia AE Ltd and Smart Media Factory, have released a Santa Claus ipone app as collaborative project.

The mobile publication consists of 25 articles and stories, a map of the Santa Claus -land, a variety of Christmas related activities and a Christmas calendar. It is only available in English this Christmas from the Apple App Store.

Smart Media Factory specialices in crossmedia products and developing shared platforms. Iconia AE Ltd is a Helsinki based company, which creates and produces creative interactive solutions for a variety of computer and mobile platforms.

The app will set you back 1.59€ in the app store.

Interview With Tõnu Runnel, Edicy (Invites)

tis, 12/23/2008 - 09:00

One more video from LeWeb for the Christmas holidays. We had a chat with Tõnu Runnel in LeWeb, just after his startup competition pitch. He is one of the founders of Edicy, an Estonian startup, creating a web service to more easily build and design websites. The demo Tõnu gave on stage made the product look extremely cool and easy to use. They have also nicely attracted traction online, so it’s not just us who think they have a shot at making it.

Tõnu has also given us invites to share with our readers so the first to ten to leave a comment on why Edicy could have a shot at making it or in contrast - why they won’t (with constructive criticism) will get a code in the e-mail on Sunday, the 28th of December.

Edicy, With Edicy everyone can create a website – easily. There are tens of designs to choose from and... More on ArcticIndex.com

Red Herring Global Top 100 Finalists Announced

mån, 12/22/2008 - 12:09

During the weekend Red Herring, a global media company, announced 200 finalists of their annual Global Top 100 technology companies competition. The winners, top 100 out of 200, will be announced in January 14-16, 2009.

There are a few Nordic companies listed that were also on Red Herring’s Top 100 European finalists this year, including Floobs, Muxlim and Aito Technologies. Some of the new comers to the global short list include Hammerkit and Ball-IT, which was listed also in 2007.

Congratulations to the finalists and watch out for the monkey business.

Are Web Conferences A Waste Of Time?

mån, 12/22/2008 - 08:00

There has been lively discussions of whether the many web conferences are really the most effective use of time for a startup. Similarly many people see the value in these conferences very differently, for example people from the United States tend to spend most if not all their time networking in the lobbies and hallways, at least more so than the Europeans are used to. We, the Europeans, on the other hand, tend to pay equal attention to the speakers at the stage.

At ArcticStartup we believe that meeting friends and strangers, as many as possible, is the best way to spend your time in these conferences. But that’s just us. Thus, we wanted to know what other startups think and decided to ask a group of Finnish startups, who travelled to the LeWeb with us, what they think. Here are some perspectives:

Helene, CEO, Zipipop:

LeWeb was great for us since we got a chance to present in the startup competition. Although we didn’t win we learned a lot. There were big problems in the internet connection and none of the startups in the competition had an internet connection except Zipipop (thanks to Teemu Arina’s USB 3G).

LeWeb in general was really good, great people, great presentations and great atmosphere. The only three minus points I have to give about the cold temperature in the hall, bad internet connection and not having enough food.

Jussi Laakkonen, CEO, Everyplay:

Good

  • A lot of big name people present. Great to see Americans in Europe.
  • Also big name speakers present, including Joichi Ito, Susan Wu, Chris Anderson, etc.
  • Joining the forces (The Sauna Truck effort) was a great to way to travel cost efficiently and make headlines.
  • A few good meeting at the venue made the trip worth while.

Bad

  • The organizers had put too little effort in promoting the networking: It was impossible to talk to people at the parties in the evening. The music was too loud, there was not enough room, people did not have badges which made it impossible know who’s who. On the other hand, during the day there could also have been been something in the program that would’ve supported this.
  • The organizing bit did not go as smoothly as it could have
  • The presentations and panel’s were pretty light content wise or straight up entertainment, which did not give much to the day-in-day-out of running a startup. That said, they were fun to watch and inspirational.

For me the best bit of the conferences was the networking. That’s why I was a bit bummed out since the surrounding elements did not fully support that.

Kristoffer from Scred:

There has been some amount of criticism about Le Web and the facilities there. However, I would like to remind people of the three reasons you should be at a conference like this:

1) To create a buzz around your company

2) To meet great potential partners and contacts

3) To be inspired by what others are doing

I’ll discount point 3 for now, as you should be pretty inspired by what you’re doing anyway so, while it always adds a boost to see others in the same game, it’s not necessarily worth paying 1.5k euros just for that. I also did not mention ‘listening to great presentations’. To be honest, after you’ve seen a few dozen presentations with big audiences, there is rarely anything new and important to be gained from them, especially if they are big companies. They’re not allowed to talk about anything anyway, at least to a wide audience. So that leaves the buzz and meeting people.

If you, as a startup, find that all you are doing at conferences is sitting and tweeting, or jaikuing, about stuff then you most certainly have wasted both your time, and your precious money. If that’s the case, please do not go to any further conferences. Instead you should be actively and assertively meeting people who might benefit you, and who might benefit from you. If you have a cool product just out the door, make sure as many people as possible know about it. Don’t ramble on and on (I hate people who do that at conferences — I usually know inside a minute if it’s something for me). Just let people know it’s cool and to check it out. Guerilla marketing strategies can be fantastic. Us Finns could do a bit more of that. Then get those essential partners, investors and media contacts: and follow up with them! Don’t just take a [business] card and throw it away. That’s plain stupidity.

So was it worth it for Scred? We weren’t demoing our new version yet, but we did meet some fantastic people. Was it worth paying the money to do that? Only time will really tell. The value of those meetings cannot be measured in a couple of days. Give us a year or two and we’ll let you know :-)

Oh and the sauna was brilliant!

Jani of Xihalife:

Networking wise the trip was a great success, but I believe I think I will skip next years LeWeb. Looking forward to TheNextWeb.

Kai of Floobs:

For me LeWeb trip was not perfect, since I had fever throughout the whole trip. The people at LeWeb was yet again bar none. TheNextWeb has great people, but LeWeb is the best in Europe people wise. Everybody’s there. The conferences are not worth the trip if you go for the content, but the value lies in the people you meet. Everybody a startup need to meet are there ie. the VCs, the partners, the developers, the bloggers and other media.

A startup should definitely take part, come to those conferences and tell everybody what they are working on, benchmark to their starup to other startups and watch the pitching competition to learn where other startups fail on stage. Startups should also aim to develop personal relationships to the bloggers that matter and aim to partner internationally.

In the US every single individual is important and people act accordingly since you never know who will be pivotal to your startup. This is something that we’ve been trying to keep in mind and really work on this at Floobs.

Most of the startups think, just as we at ArcticStartup, that the conferences are important but not necessarily for the program on stage, but for the people that visit there. When you decide to attend have a strategy on what you want to get out of the conference, do your research before hand and make a list of people you want to meet based on who you know are coming.

That said, I only asked the startups that were on the trip with us which means that they are likely to be favorable towards going to conferences by definition. What do you think? Is there enough bang for your buck to pay to travel to the many web conferences around Europe and US?

RunToShop Closes Financing Round

tors, 12/18/2008 - 19:20

Taneli Tikka, the CEO of RunToShop, has just announced on his blog that they have closed a financing round with RunToShop. The investment round was lead by VeraVenture, the Finnish gov’t investment fund. Taneli writes that this is their largest round yet and together with VeraVenture, there were 8 business angels additionally in the investment round.

There is no disclosure on the sum invested, but since RunToShop is able to go through all of next year easily and be backed for the internationalisation of the company - it can be can be considered to be a relatively high one. Together with the announcement, Taneli tells that RunToShop is now hiring concept designers and developers to help them take the idea further.

Despite the economic downturn, this is a very welcome investment round to spark up the entrepreneurial scene here in the Nordics. Perfect proof of the fact that, just as Joi and Saul told earlier, even in difficult times venture capitalists and investors do business.

RunToShop, RunToShop is a social recommendation service for stores that rewards its users for recommendations as... More on ArcticIndex.com

SoundCloud In LeWeb

tors, 12/18/2008 - 10:53

We interviewed Eric Wahlforss in LeWeb Paris about their startup SoundCloud. It’s an interesting company and not your average music startup as they build tools for artists to share that music. SoundCloud has recently moved to Berlin from Sweden and the impact of that move is also covered in the video.

Check out the Cloudplayer here and follow the company in Twitter here.

SoundCloud, SoundCloud is an online audio platform catering to music professionals enabling them to collaborate,... More on ArcticIndex.com

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