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On Monday at the NY Video 2.0 meeting, after the demos concluded, three popular NY venture capital partners took the stage to critique the demos they just watched from a venture capitalist perspective. While they were certainly a bit nice in front of the crowd, I thought you might be interested in their feedback.
The VC stars were: Chris Fralic from First Round Capital, Daniel Schultz from DFJ Gotham and Charlie Federman from Crossbar Capital.
Tonight at the NY Video 2.0 meeting, Vusion presented their application. Vusion offers an instant-on, full-screen video product. They claim that 95% of the Internet users can be reached in either DVD or HD quality video using Vusion. Their first client is Island Def Jam Music Group.
Most of the questions centered around pricing. Apparently Vusion charges per minute of watched video instead of by file size transferred. They believe that this is a better pricing model because it’s not based on the transfer but the actual viewable time.