30 Mar Startup Profile: MemoryReel.com
Give us the 30-second elevator pitch of your company
Memory Reel is the simplest way to maintain a personal journal of your life.
We pull together the photos & updates you already share on your favorite web sites (Facebook, Twitter, Flickr, Gowalla etc.) and seamlessly place it into an online journal that you can share with family & friends.
Memory Reel was born out of our founders’ personal need to manage the narrative of their life stories in a fast moving world. A world where digital media, the Internet and mobile platforms are fundamentally changing the way we record our experiences and share our lives with friends and family.
Tell us about the founders, who they are, backgrounds, and why they are passionate about your company
Nikhil has more than 10 years of global experience in the technology industry. He has worked for Fortune 500 companies such as Texas Instruments, Hewlett-Packard and Microsoft during which time he held various roles in Strategy, Product Marketing and Product Development. Aside from his extensive corporate experience, Nikhil holds an MBA in Marketing & Entrepreneurship from SMU’s Cox School of Business and a BS in Computer Science from the Florida Institute of Technology. Nikhil has three software design patents pending with the US Patent office.
Before co-founding Memory Reel, Nikhil was the founder & principal at Inventive Path LLC, a product strategy and innovation consulting firm based in Dallas, TX as well as a partner in Social Span Media an interactive media company that specialized in helping clients extend their product and brand strategies by building virally engaging marketing solutions on various social media platforms.
Brian is a self taught programmer and technologist, Brian has been writing code since he was in high school. After university at Texas A & M (he studied Economics not Computer Science), Brian was a partner at Downtown Cartel, a boutique Web 2.0 development company. Brian was also the lead developer for hashtags.org the first ever twitter aggregation site in the world. He is an active contributor to many open source web technology projects such as datamapper and merb
Do you have funding? How much?
We were self-funded for the first 9 months. Since then we have raised a friends and family round.
What are your startup’s goals for this year?
We just launched an early version of the Memory Reel service. We will be rolling out a number of exciting new features in the upcoming months. Our goal for the end of the year is to acquire our first 100K users and start bringing in revenue by 2H 2010.