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The winners this year are Soundbyte and congratulations to you guys.
So Soundbyte encodes data into high frequency sound which phones can use to communicate
with each other and listen to their environment.
So I guess on the small scale it's useful for peer to peer sharing but as the scales get
bigger it can be used in retail to replace QR codes. So someones phone in store while
they're waiting for their coffee to be brewed can crew up the loyalty points. Or in broadcast
media a programmer of an ad can program information into someones phone that they can pick up
while the user is watching the program or ad.
Looking into you know marketing and commercial development. We really need to pick some commercial
opportunities and exploit them for a bit and learn about that particular environment and
figure out whats really going to work really well and what we can scale.
The domain of like helping people work together, helping people collaborate is a big theme
of our work since we worked together on Google Wave a few years ago and so this is sort of
one realisation of that and I'm sure there will be more afterwards. We love communication
and collaboration, solving all problems in that domain.
Some people think that it's the money that's the most important thing, we at Silicone Valley
Bank think it's the relationships and the network and so coming to Silicone Valley and
meeting some of the most successful venture capitalists in the world we hope is going
to help propel you to success that none of us have even dreamed about. Good luck.
Thank you very much.