Feeds

Flipboard joins bubble brigade with US$200M valuation

Revenue? We’ve heard of it

Intelligent flash storage arrays

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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.