![]() ![]() ![]() A day later cryptography researcher, Nadim Kobeissi - best known for authoring the open-source E2E-encrypted desktop chat app Cryptocat (now discontinued) - had pulled in a pre-seed investment of $100,000 for his lightweight mesh-networked microservices concept, with support coming from angel investor and former Coinbase CTO Balaji Srinivasan, William J. Connect the external storage device that contains your backup files. The nascent startup has a post-money valuation on paper of $10 million, according to Kobeissi, who is working on the prototype - hoping to launch an MVP of Capsule in March (as a web app), after which he intends to raise a seed round (targeting $1 million-$1.5 million) to build out a team and start developing mobile apps. Cryptocat author gets insanely fast backing to build P2P tech for social media IceLoungeMedia IceLoungeMedia The idea for Capsule started with a tweet about reinventing social media. In the search box on the taskbar, type Control Panel. Select it from the list of results, then select Backup and Restore (Windows 7). Select another backup to restore files from, select the location of your external storage device, and. Cryptocat Author Gets Insanely Fast Backing To Build P2P Tech For Social Media () 63. The idea for Capsule started with a tweet about reinventing social media. For now there's nothing to see beyond Capsule's landing page and a pitch deck (which he shared with TechCrunch for review). Cryptocat author gets insanely fast backing to build P2P tech for social media. Posted by BeauHD on Monday Janu06:10PM from the that-escalated-quickly dept. An anonymous reader quotes a report from TechCrunch: The idea for Capsule started with a tweet about reinventing social media. But Kobeissi says he was startled by the level of interest in the concept. 'I posted that tweet and the expectation that I had was that basically 60 people max would retweet it and then maybe I'll set up a Kickstarter,' he tells us. Instead the tweet 'just completely exploded' and he found himself raising $100,000 'in a single day' - with $50,000 paid in there and then. Cryptocat author gets insanely fast backing to build P2P tech for social media. Controversial Reddit communities are communities on the social news site Reddit. I've been running a business based on consulting and based on academic R&D services,' he continues. Controversial Reddit communities sometimes get significant media coverage. ![]()
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