Wednesday, November 01, 2006

YC Company Thinkature Launches

Thanks to a reader tip, I found that Thinkature Corporation launched late last night. With Thinkature, users can create collaborative whiteboards or "workspaces" which support sketches, text, diagrams, and chat.

One cool feature I noticed right away is their "hand tool." Click the hand on any piece of your whiteboard and a shrinking box zooms in right where you clicked, letting your collaborators know what your chatting about. It's like a laser pointer, except useful and cool, instead of totally annoying.

Y Combinator doesn't let interviewees use Powerpoints. I wonder if Thinkatures will be fair game.

Reddit Acquired

Yesterday the internet was abuzz with the news that Reddit has been acquired by Conde Nast/Wired. Reddit, one of the original batch of Y Combinator founders, took less than $100,000 in funding. Acquisition talks began when the team worked with Conde Nast to create a version of Reddit dedicated to celebrity news, called lipstick.com.

After the announcement, two of the founders, Steve and Alexis, were interviewed on TalkCrunch.

How big was the deal? The Reddits won't (can't) say, despite the fact that people really want them to know. Founder Aaron Swartz did post a blog entry in which he says, "I logged into my bank account this morning and saw more digits in my balance than I've ever seen before."