Feeds

Negroponte in Noel Edmonds throwback shock!

Dotcom milks big name connection

  • alert
  • submit to reddit

The essential guide to IT transformation

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

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Judge nixes HP deal for director amnesty after $8.8bn Autonomy snafu
Lawyers will have to earn their keep the hard way, says court
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
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.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.