Tuesday, January 22, 2008
Blinkx Business
Link: sevenload.com
Most interesting part of this session is the way Suranga Chandratillake explains his company Blinkx (around 10 minutes into the video), the blind-men-and-the-elephant story (14'50") and the bit around 44 minutes 12 seconds where he reveals the turn-over for Blinkx is US$4 million for 2008, this year is heavily loss-making because they went through the IPO in 2007, so their costs are over "double" the 4 million. They plan 12-20 million dollars turnover in the coming years. Not quite Google, but their audio-video search technology is very clever and has huge potential. A company to watch - with 18 million hours of content.
Martin Sorrell identifies the elephant in the room. New media companies won't disclose their revenues. Only Blinkx came out with the figures.
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