Green is the color of my competition's face...

Color.xxx Pitch Deck

We were asked what we thought about Color, and that they had received $41m funding before launching their product (there has been a little bit of a Sturm und Drang about it - even in Silicon Valley, which says a lot...)

So, some thoughts:

1. As with all products that are launched, ther are problems at first. It's just when you have taken $41m of funding others start asking how come a bit more than if you are a debt ridden, unfunded startup.

2. It's too early to decide if its the Successor to Facebook, one way or the other. It's only just come out the gate at 1.0, lets see where we are in a month or so UE-wise*

3. It is a dead cert for Stage 3 in our Ten Stages of BubbleMania, gusting Stage 5

And besides, there is nothing we can say that hasn't already been said in this p*sstake presentation (see above)

Besides, it validates the Broadsight use of the Colour Wheel as a company symbol. Booyah!

* Update - You can tell they must be new around here - CEO Bill Nguyen doesn't know that the Great SocNet No-No is to tell the truth about what they do:

Color is not about photo sharing. It’s a new way to build spontaneous social networks — and collect massive amounts of data about what people are doing and where they’re doing it — without collecting any personally identifiable information like last names, addresses, or even passwords.

I think you meant to say "connect to your friends and have an enriched experience that we facilitate" there Bill

Update - Henry Blodgett (yes, the one who was barred from securities analysis...) likes it, thinks it's worth $41m and says the bubblecallers don't know what they are talking about. Now THATS what I call validation of our article

And more...Warren Buffet says Social network sites are overpriced ahead of IPO. Double validation!