Feeds

Negroponte in Noel Edmonds throwback shock!

Dotcom milks big name connection

  • alert
  • submit to reddit

The Power of One eBook: Top reasons to choose HP BladeSystem

Lucky London dotcom Webswappers has netted investment from "leading Internet visionary" Nicholas Negroponte.

Negroponte has thrown an undisclosed sum of cash into the site and he's not throwing his money away on an overhyped useless dotcom because "consumer-to-consumer websites currently carry the stigma of online retail, which completely misses the enormous opportunity of peer to peer commerce."

Negroponte is, of course, just a big name product endorser, and may well have coughed up a very nominal 'undisclosed sum'.

Webswappers itself is based on same principle as former top British Saturday morning kids' show Swapshop, where a once cool and hip Noel Edmonds let viewers exchange the likes of battered Action Men for Spacehoppers. Except on Webswappers the stakes are a bit higher - items such as tickets to the Sydney Olympics, a Jasper Conran wedding dress or even a nice little three-bedroom abode in East London are either up for grabs or wanted.

And punters don't even have to offer a swap - they can just ask for or offer something and wait to see what comes in.

"We are very excited to have the opportunity to work with one of the industry's most respected technology visionaries to build on Webswappers position," gushed Jonathan Attwood, Webswappers CEO.

"Professor Negroponte's understanding of the value of technology as it is applied to everyday life and how it will develop will be invaluable in developing our business."

Negroponte is renowned for his soundbite sci-fi announcements. The best known are that there will soon be more Barbie dolls than Americans on the Internet, and that we will all be swallowing pill-sized computers which can diagnose illnesses.

More of the Professor's understanding of the value of technology can be found here.

Related Stories

Internet doomed to fail, say experts
Bad taste and bad copy
Natwest, Intertrust launch e-commerce currency

Top three mobile application threats

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.