Feeds

Flipboard joins bubble brigade with US$200M valuation

Revenue? We’ve heard of it

New hybrid storage solutions

Flipboard, a nifty app that assembles social media feeds into a nicely-presented iPad magazine, is on the funding hustings and looking to capitalise on the now-emerging tech bubble 2.0.

According to Wall Street Journal blogger Kara Swisher, “sources close to” the fundraising effort – which could mean informed sources, wild guessers, or investment bankers on the make – the company is attracting a valuation of US$200 million.

The company currently has zero revenues, but it’s hopeful to create an advertising model sometime this year.

The WSJ also moots some kind of subscription model (for content sourced from feeds Flipboard doesn’t own, but merely aggregates and wraps in a pretty interface).

While its basic premise isn’t anything special – the author has started to filter his Twitter account to get rid of the mass of desperately awful “e-daily” sites offered by enthusiastic self-promoters – the interface is the killer, which made Flipboard a runner-up in El Reg’s “Smartest iPad apps” last year. Whether a slice interface can substitute for prosaic details like revenue, only time will tell. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
Alibaba swings a large one with STONKING IPO legal bills
Chinese e-commerce beast searches for $21bn from investors
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
EMC has nothing to say on VMware sale plan
Rumour and counter-rumour swirl around Wall Street
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.