Sleepover Time! All-Nig...

Carrying on in the esteemed tradition of Facebook hackathons, there will be an all-nighter on Thursday at the company’s Menlo Park headquarters that culminates with CEO Mark Zuckerberg ringing in the NASDAQ bell ahead of the company’s much, much, much anticipated IPO . There is an internal event page for the big day that has about a thousand Facebook employees RSVP-ing for the bell ringing early on Friday morning. We can’t tell if there are any other big festivities prepared ahead of time. It’s all up in the air. Some people may dress up though. We don’t know if the gong will be used. Zuck will probably give some remarks as he has ahead of other hackathons. “We want to get everyone together and remind ourselves that this company is about building things,” a source says. Facebook has long emphasized the “Hacker Way,” which is about building things fast and constantly iterating on the status quo. Zuckerberg argued in Facebook’s original IPO filing that the word ‘hacker’ has long been misconstrued . “The word “hacker” has an unfairly negative connotation from being portrayed in the media as people who break into computers,” he wrote. “In reality, hacking just means building something quickly or testing the boundaries of what can be done. Like most things, it can be used for good or bad, but the vast majority of hackers I’ve met tend to be idealistic people who want to have a positive impact on the world.” In the tradition of other hackathons, expect some interesting product ideas to get fleshed out. Facebook Hackathons are a chance for employees to work on half-baked ideas and turn them into real products that eventually get shipped. Everything from Facebook’s chat system to an early version of Timeline called ‘Memories’ have come out of Hackathons. Even the famous ‘Fax’ button that Facebook once pranked Jason Kincaid with also came out of a hackathon. In the meantime, while you’re in between reading all of mainstream media and blogosphere’s senseless blathering about what Facebook is really worth, enjoy these photos of Facebook employees sleeping at headquarters . Update: Facebook engineering manager Pedram Keyani complains in the comments that we are not showing enough people hacking and are perhaps giving a misguided impression that people sleep at Facebook hackathons. So correction: They do not sleep. They rage.

Funny Or Die Gets Strat...

Independent online video company Funny Or Die is about to get a lot of help from a traditional TV company, as it’s struck a strategic partnership with Turner Broadcasting to collaborate on multiplatform video content. As part of the deal, Turner is taking a small minority stake in Funny Or Die — terms of which have not been disclosed. “We’re at an inflection point with digitally distributed video,” Funny Or Die CEO Dick Glover told me by phone. He says that as a result, the timing of the deal is poised to coincide with that inflection point and catalyze further growth for Funny Or Die. For 2012, Funny Or Die is averaging around 14-16 million uniques per month, and has seen 60 percent growth year over year. But it’ll likely get a big boost once it starts leverage Turner properties, but especially TBS and Adult Swim. Internet distribution is nice, but it still doesn’t match the reach that a content creator can get from TV. According to Glover, the partnership will “provide a microphone to reach a much larger audience.” While the Internet video company will get some help in promotion, Glover said there’ll be no real change in how the company is run or what kind of content it puts out. It’ll still develop for a multiplatform audience, which includes online, mobile, and TV — where appropriate. This isn’t the first partnership that Funny Or Die has struck with a TV network. It also has a deal with HBO (which, like Turner, is also part of Time Warner) for its original series Funny Or Die Presents , now in its third season. That deal remains in place and isn’t affected by the Turner partnership, Glover said. As viewership — especially among young people — moves away from traditional TV and to other channels , broadcast and cable networks are starting to look at online video distributors for help in this new, multiplatform environment. The Turner partnership was announced about two weeks after Discover acquired indie video producer Revision3 for a reported $30-$40 million. We’ll probably see more deals like this as time goes on.

F.ounders Hits New York...

The are almost too many tech events in the calendar these days to mark any particular one out as being worthy of note. I say almost because, on the global stage at least, TechCrunch Disrupt (Ok, Ok, but still…) remains up there because of how much other media attend and, well, just it’s general awesomeness. Into this small basket you could also put, for instance, Le Web , Founders Forum in the UK, DLD, The Lobby Conference, the tech elements at Davos and maybe even TED. What few of them are doing however, is celebrating new blood. You tend to see the people who have made it, not the one’s about to make it (apart from Disrupt of course). To that end one rapidly emerging event which is doing a very good job of bringing together the Valley, New York, Asia, Europe and emerging global startups like South America is the simply named “ F.ounders “. And it’s coming to New York on June 14/15, and will be attended by our very own editor, Eric Eldon and co-editor Alexia Tsosis. They’ll make up around 150 of the world’s fastest growing tech company founders gathering in NASDAQ’s Market Site in Times Square. Paddy Cosgrave says he is moving founders to New York to bring together “high growth companies on track to IPO or otherwise in the next 24 months.” There’s that new blood coming through. Joining them will be tech stars including Dennis Crowley (Foursquare), David Karp (Tumblr), David Goldberg (Survey Monkey), Alexander Ljung (SoundCloud), Roger McNamee (Elevation Partners) Fred Wilson (Union Square Ventures) and Steve Case (AOL, Revolution). You might not have heard of F.ounders as it barely has a web site and you can’t apply for an invite. But it’s been described by Bloomberg as “Davos for geeks”. TechCrunch was more to the point: we called it badass. Perhaps because of that we managed to get a special concession: We got them to agree that TechCrunch readers can ‘apply’ to attend by emailing attendees [@] f.ounders.com. No guarantees, but good luck… Last year’s event was held in Dublin, Ireland. Bono lead a pub crawl, Riverdance put on a private performance and the Irish President hosted drinks in her residence in her last day in office. Rumours that a TechCrunch European editor led a few late party-goers in a 4am guitar-led rendition of Wonderwall in the lobby of the hotel have never been confirmed. F.ounders Dublin is held annually in October, alongside The Dublin Web Summit .

Banters Hits The Deadpo...

Today, the Banters social experiment has officially come to a close, as the startup’s co-founder Lauren Leto said via blog post today that the team will be no longer actively working on the site beginning June 1st. However, in spite of its tumultuous road and final splash into the deadpool, the news came with a silver lining. Both Leto and her co-founder, Patrick Moberg, will be taking up residence at Betaworks , the New York accelerator that has incubated or funded startups like bitly, Chartbeat, SocialFlow, News.me, Kickstarter, TweetDeck, and many more. As for some background, it was a little under two years ago that Texts From Last Night co-founder Lauren Leto and partner-in-crime Patrick Moberg launched Bnter , a simple way for people to share text, IM, and chat messages with their friends on the web — for all to see. The startup was backed by a cast of well-known angel investors, including Founder Collective (Chris Dixon), SV Angel (David Lee), High Line Venture Partners (Shana Fisher), and more. It later was the subject of some founder-VC drama along with Spark Capital and Tumblr , but came out alive and continued to iterate. While it initially focused on SMS, it later broadened its scope to let users share any sort of conversation, including GChat, in-person chat, email and more, and launched both iPhone and Android apps, a bookmarklet, in-depth Twitter integration, and supported Facebook Chat, Foursquare comments, GroupMe, etc. In spite of its full roster of available integrations and cross-platform functionality, Banters suffered from a clunky user experience, as its original model required users to launch the app or visit its home page, open a new post, attribute another user to bring them into the conversation, filling out various message boxes, adding tags — and then, at long last, posting. It had become too much like a CMS and had lost the lightweight feel of an SMS tool. Recognizing this process was arduous for users, Banters launched a new version of its iPhone app in January, which leveraged Siri’s technology to input conversations and quotes. The idea was to make adding a conversation to the app as easy as snapping a mobile photo. Along with its new iPhone app, the startup added more functionality, including a “like” button, activity stream and an ‘Explore’ tab to help surface the best conversations. And because it’s original name “Bnter” was tough for some to pronounce, Leto and Moberg changed the startup’s name to “Banters.” Unfortunately, try as they might, Banters ran its course. Leto said in a blog post today that, although its user base has been passionate, the platform simply hadn’t gained the traction, or user base, the co-founders had hoped it would find. As a result, beginning June 1st, the team will no longer be actively working on Banters. “We’re not outright closing the site down any time in the foreseeable future,” Leto says in her post, “but, for the sake of prudence, we’re encouraging our users to export their data here .” Although Banters is hitting the deadpool, its co-founders are moving on to new projects. Leto says that she had long been a fan of “Findings,” Betaworks’ tool that offers “a straightforward, intuitive way to share and discuss quotes from books and the web.” Seeing that Findings and Banters share similar goals, Leto and Moberg will be joining Betaworks this summer. Leto will become the General Manager at Findings, while Moberg will become Betaworks’ “Hacker-in-Residence.” Of the new move, Leto says: It’s never easy to stop working on an idea after having invested so much into it, but I’m thankful that we’ll have the opportunity to keep working on a product that closely aligns with the mission we set out with at Banters: to harness the timeless power of quotes and words, and share them in ways that have only recently been made possible by technology. It’s unclear to what extent the kerfuffle with Spark Capital handicapped the team’s ability to raise another round of capital, but as Sarah points out in the post, by the time of the botched funding, Leto had “reportedly cut her salary to zero to help the make the company’s ends meet.” Regardless, the experience didn’t end positively for either side, and it seems that Banters never found that new round of capital it needed to keep its fires lit. It’s tough, too, considering the fact that Banters seemed like it was onto a potentially big idea. Nevertheless, it’s great to see that the two co-founders have landed in a great spot and will, in some capacity, get to continue working on the idea. For more, see Leto’s blog post on the shuttering of Banters here .

Ask Forgiveness, Not Pe...

When Dish announced their new ad-skipping tech , response was fairly muted. Sure it was some cool technology – the experience is seamless in that you notice maybe the first second of a commercial and then a little notification pops you over the commercials entirely – but TV execs are reportedly upset by Dish’s unilateral decision. Fox’s Peter Rice said it was “a strange thing to do” and NBC is still evaluating it. However, what is really interesting is that Dish decided to go ahead with the service at all. The system works because Dish is currently recording all prime-time network content onto its Hopper DVRs. This content consists of all of the big shows – Grey’s Anatomy, Parks and Recreation, etc. – parceled out and ready to watch. The consumer doesn’t even have to set a reminder. The content is just there. This is amazing news for broadcast TV. It allows a few unique things to happen. First, it ensures content discovery is forefront in the consumer’s mind. When you roll into the ABC channel, for example, you might want to watch your favorite ABC show (that I can’t think of any ABC shows off the top of my head is a testament to the problems broadcasters are facing right now, but that’s a different post) and you pop into the ABC folder. There, next to your favorite show, is another show that’s gotten great ratings or at least good word of mouth. There are a couple of episodes saved so it’s easy to just drop into the show without any problem. Imagine if, a few years ago, Lost or another huge, sprawling epic drama was available online immediately after it aired. This sort of episode saturation is a new paradigm for TV watching, one that even time-shifting advocates didn’t foresee. Second, it ensures that every show will get a fair shot and, more important, broadcast shows will be seen in a different, more “premium” light than cable shows. As it exists today, the service only works for prime-time broadcast networks. You can always pop over to HBO GO and the like, but what about the rest of those reality shows like American Pickers, Real Housewives Of Reseda, American Gothic Skull Pickers, and Man Vs. Food Vs. Wild? If you want to view the entire season at once, you’re going to have to figure out some alternative source. Now we come to the ad skipping. Considering Dish’s Hopper is a win-win for broadcasters and consumers alike, what’s the problem? Dish tried something new and made the unilateral decision to programmatically simulate what consumers are doing anyway. Clearly the networks see this feature as going just a bit too far. Obviously everyone with a DVR skips over commercials. It’s a given and it’s the way things work now. However, for Dish to formalize the process programmatically is a wild move. It’s akin to a movie theatre allowing folks to vote on whether the audience will see those inane pre-feature ads and previews. I personally believe the value given by making entire seasons available immediately far surpasses any damage ad-skipping could do. By recording every single prime time TV episode, Dish creates fans. These fans will eventually watch that broadcast content live and maybe watch previous episodes in the ad skipping interface. For TV execs to even consider this technology to be bad for the media is evidence of an unnuanced and calcified worldview. But, then again, what else is new?