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Taking a Look at Seesmic and Why It Won't Work Despite Those Behind It
Yesterday, Loic Le Meur wrote about the round of venture capital he has raised with his "video conversation" tool Seesmic. Loic has, by far the best smile in the tech industry. While his video tries to make out likes hes a newb, clearly he isn't. He has even beat Calacanis at the friend game - and that's no easy feat! Of the $6 million, $5.5 come from larger investors, leaving $500,000 for the balance of 12 other investors which averages at $41,000 each.
You can read our initial review from November. Why don't I think Seesmic will work even though there are enough names involved to keep pushing it over and over? Simple really - unlike Valleywag, I don't see Seesmic as a video email tool. Seesmic is a video conversation tool but isn't a real-time conversation, it's a "wait and see" conversation and that's why it won't work. It's taken me a while to figure out what Seesmic is but I've come to the realization that it's a video message board. I hope this explanation helps Mathew Ingram clear up his confusion on what Seesmic is.
Let's look at the different types of video tools today with a Twitter-like explanation of each. I am probably missing some video types so leave others in the comments.
YouTube and other basic video sharing tools
With YouTube, you upload a video of yourself playing with your kid. People may comment but the goal is to get visibility for your video -- that is, share it with others. You aren't expecting a conversation over the video. Most videos on YouTube are there for "push" only.
Flixwagon/Qik
These are real-time mobile video broadcasting tools. I take my cell phone and shoot video live on a channel where people can watch and interact via comments. An archive is offered for later viewing in the same style as YouTube above. (Flixwagon/Qik)
Ustream
With Ustream, you create a channel and again broadcast live using your Webcam or camera and others can interact via chat. An archive is offered for later viewing in the same style as YouTube above.
SeeToo/ooVoo
We reviewed SeeToo late in 2007. SeeToo lets you have a video conversation with others in a real-time environment. ooVoo lets you have group chat using video, again, in a real-time environment.
Seesmic
I was chatting with a friend today (in text) about Seesmic, and here's how I described the application:
- mary records a video
- mary uploads it to seesmic
- mary sits and waits and keeps hitting refresh hoping someone posted a reply
- oh look there is a reply
- mary has to watch the whole video because there's no way to scan it
- now mary makes another video
- and the cycle repeats
People want instant gratification -- look at IRC or any of the IM apps. No one wants to wait for maybe someone to post a video. While some call Seesmic a "Twitter-killer", its clear that 99% of what's uploaded on Seesmic could be handled in text - there's no real benefit to video for the conversation - it's not like there are charts and graphs that someone is pointing to. I'd bet a dozen hot that if Loic started a fancy Web 2.0 text chat service the same group of people would be on there too.
On Mathew's post, Antje Wilsch commented with even more reasons why Seesmic won't make it:
- you can't comment, scan, or make notes on video / hard to easily forward to share (gotta' worry about video formats, players, flash etc etc)
- many people cannot, or will not, watch video at work (!)
- time savers - difficult to briefly skim a video to see whether worth watching the whole thing like one can quickly do with text
- it's not that interesting watching unattractive people (had to say it!)
- quality takes time to put together - esp on video costs go up (vs. say re-writing and editing text) so the quality vs. speed thing is an issue
Conclusion
At the end of the day, if anyone can make Seesmic work, it's Loic. He's got the charm, the connections around the world and now an all-star cast of people to continuously spread his message. Will it be enough in the long-term? If Loic can figure out how to make the "video conversation" real-time and step away from being a message board, then it has a much better chance of succeeding. But there are plenty of services that do that already.
Are you using Seesmic? If so, please share your experiences with the service.











I agree that if anyone can do it, it is Loic. I would also amplify your point about the "aesthetic" side - looking at wrinkly, scruffy faced, middle-aged men/geeks spouting their opinions in poorly lit, low production value video is something I only did twice - then stopped...
Seeing him and his company EVERYWHERE on every blog is annoying. Especially for this unoriginal site that is in private alpha.
Over the last week, I've seen lots of questions on how ooVoo compares to Seesmic. I think I put it most succinctly on Twitter when I said: the difference between ooVoo and Seesmic is like the difference between a telephone conversation and leaving a voicemail for someone.
Seesmic really isn't conversational at all - it's disjointed correspondence at best.
Full disclosure: I work for crayon, a strategic advisory group and ooVoo is our client.
my grammar was atrocious (sorry)
[To be honest I've actually never used Seesmic.] My problem is that video (and to a lesser extent podcasting, only because podcasting is just a bit easier to edit and put online and listen to than video is) is a problem in general. I think they may be ahead of their time, although I see this being much more normal in a "minority report" type future.
Right now video is still clumsy and inefficient, and it's not a good idea for the majority of people at work.
I have to agree Allen,
The name is not easy to spell.
The mainstream will never find it or get it because of youTube.
The twitter crowd won't use it because its not text.
I think it might work if they angle it as a video diary service and get famous people to use it.
The problem with all of these sites popping up is that 99% of them are absolutely pointless. VC's are dropping crazy amounts of money into projects that nobody would use. I'd love to see a VC just step outside their door and take a quick poll of 100 people. Ask them, "If you could receive videos instead of your normal email, you would like that?" Who in their right mind will say yes?
the UI is terrible, the quality is terrible, the features are terrible, using 100% flash is terrible and the folks at youtube could probably push a button and have the same functionality. but that's not the real issue with seesmic. loic is obviously well connected with all kinds of politicians and tech guys and tries to act like this bullshit community-driven ceo who has no ideas on his own but tries to lead a company by asking the users where to go. i mean, look at their daily wannabe-funny video show. it's just painful to watch and contains nothing but self-pr. is that what you need vc money for? what makes me sad is that there will be someone who will buy all this crap for $$$ while some hungry entrepreneurs who build real innovations or have to bootstrap with no foreign capital get ignored. it's just the old pay-to-play game reloaded.
If smart people have to debate what your product actually does and what its true value proposition is, you have a big problem.
It will be interesting to follow Seesmic's development. Loic certainly has a soap box from which he can promote this thing and he has recruited enough "influential" people to talk about it, but if Duncan Watts is right, that won't do any good if the product has no appeal.
Personally, I just don't see anything compelling about Seesmic. I certainly wouldn't even throw $41,000 at it.
"One talks faster than writes & reads faster than listens"
If you want an audience the conclusion is that you should provide a textual transcript of what you say. Interested people will watch the video version after reading the text one.
Premium: Somebody else (aka Secretary) types it for you.
BTW : Loïc did it when he announced his investors list. The video announce and the text announce came together. Smart.
I've been lurking on the private alpha since I had a conversation with Loic a number of months ago. There are a number of reasons why we haven't reviewed it on the blog, but the main one for me is that I just don't like the service, but I think Loic is a cool guy. When we spoke, we were on the phone for over an hour I think, just going over a number of different topics (unrelated to Seesmic). I think he's a genuinely good and brilliant guy, and I hate to bash the guy's company on the front page of our blog.
Unfortunately, I think Seesmic is a hammer in search of a nail - aside from a few hardcore video enthusiasts, there just isn't a market for time-shifted video chat, and for the small market that does exist, well, they've all been using YouTube for this for a good while now.
In short, Seesmic solves a problem that doesn't really exist.
Let's see. Social media advertising revenue is still very poor. The video ad market shows promise but is also very poor right now. And advertising in chat applications is not something advertisers will touch either.
Tough revenue model. Even at critical mass of users, can the model ever generate enough revenue to cover the infrastructure costs?
I just wrote about Seesmic today and found this post. I totally agree with all of your points. it's amazing the hype behind Seesmic. i hope it can overcome the hype into being a better destination on the web. Right now the UI and the users are making it somewhat undesirable.
I had so much to say I ended up posting it on Walrusmagazine (Canadian).
http://www.walrusmagazine.com/blogs/2008/02/21/seesmic-win-6-million-today/
I'm impressed by the quality of the comments here.