Nokia, already a shareholder of Symbian, has announced yesterday the acquisition of the remaining 52% it didn’t own for €264 million, along with the promise to make it open-source in two years, with the launch of the Symbian Foundation, where Nokia will be joined by AT&T, LG Electronics, Motorola, NTT DOCOMO, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments and Vodafone.

The Symbian OS platform has 67% share of the “smart mobile device” market and is powering around 200 million mobile phones sold to date, especially thanks to Nokia’s S60 platform used in its popular Series N and Series E phones. Nokia, Sony Ericsson, Motorola and NTT Docomo, will unite their Symbian-based platforms in an open mobile software platform available for free to all Symbian Foundation members, in a move that seems a direct response to Google’s open-source (and free for manufacturers) Android mobile platform, while still making economic sense for Nokia (who paid €160M in royalties to Symbian Limited in 2007 alone).

Tomorrow’s mobile business is all about software, Apple clearly demonstrates this with the iPhone. As Om Malik pointed out in a great post, “in this platform game, the winner is going to be the one that can attract the most developers”. So with yesterday’s announcement, a big win for the open-source movement, Nokia is trying to face competition with open platforms like Mobile Linux and Google’s Android, and of course, less open but rich platforms like Apple’s iPhone, in an effort to attract the most and best developers to build mobile applications.

I consider myself an entrepreneur first and and investor second and this is mostly the case because if I am an investor at all it is because of the money I made being an entrepreneur and not the other way around. And as an investor I have invested in very few companies. I get an investment proposal per day on the average and make one investment per month. But so far my investments are doing well. My stellar investment is not on the internet surprisingly but in alternative energies where I was the first backer of Miguel Salis in Eolia, a Spanish company now worth over 700 million euros only after 3 years from its foundation. But in the field of the internet there have been some exciting developments this week including the sale of Plazes to Nokia, the new investment round of Technorati and now Seesmic´s announcement.

My friend Loic Le Meur’s startup, Seesmic, has raised a new round of financing attracting investors like Pierre Omidyar, the founder of eBay, and Wellington Partners, a well known VC. In this post on his blog Loic tells us the story of how Omidyar and Wellington Partners joined Seesmic. Congratulations Loic!

According to the data Loic made public, Seesmic, a website and platform enabling video conversations, is getting 120,000 unique visitors per month, 69,000 video posts per month and around 3,600 new users. What is especially interesting is how their video comments feature for third party platforms like WordPress and Friendfeed has proved extremely popular and taken the conversation out of the website and into thousands of blogs. To bring it back together, Seesmic recently launched a new version of their embeddable video player which shows all replies to the post shown at the bottom of the player.

As an early stage investor in Plazes, I’m pleased to report Nokia has just announced the acquisition of the company. Congratulations to Felix Petersen and all the Plazes team!

Plazes, a service that lets you locate your friends and share your location and social activities, is a pioneer  in the location based services segment which is now gaining more and more traction thanks to Nokia’s and Apple’s moves in the market and a bunch of new startups developing new services and applications. In a few month Plazes will be made available to millions of Nokia customers as part of Nokia’s Ovi.com service platform and Nokia Maps. For Plazes and its users this acquisition is a great chance to take the service mainstream, in front of millions of mobile users.

This is not the first of Nokia’s moves in location services, in 2006 the company acquired Gate5, a Berlin-based startup that developed mobile mapping apps. With last year’s acquisition of Navteq for $8.1 billions (soon to be approved by the European Commission), Plazes will be in good company and a perfect fit with Nokia’s strategy for location services, helping the mobile phones giant integrate location based social features in its mapping products.

Nokia will of course keep running and improving the Plazes service (and new users will be able to sign up for the service). The company will still be based in Berlin together with the location based service team from Nokia, previously part of gate5.

Yesterday I was interviewed by Vanity Fair, one of my favorite magazines along with The Economist and Wired, as their Spanish edition is about to be launched. When they asked me what my favorite sport was I replied biking, so they decided to take pictures of me while cycling on the roof of my house.

The pictures I’ve published where taken while I was being photographed.

Vanity Fair Bike Shoot

And here is the video:


Now something I didn’t like. While Vanity Fair was interviewing me I googled it to find out when the newspaper was going to launch in Spain and I found this article from El País, with a comment saying something like “in the world there are few publishers capable of investing more then 12M euros to launch a magazine for a general audience of 40M inhabitants. One of these is Advance Publications of the Jewish brothers Samuel Irving and Donald Newhouse, comparable to the Sulzbergers, the New York Times publishers…“. What’s the purpose of saying they are Jewish? What if the New York Times wrote about Telefonica and its catholic CEO César Alierta, or Santander Bank managed by the Catholic family Botín? Ridiculous and unnecessary.

There is still a latent antisemitism in Spain. When somebody is rich they call them Jewish now I still have to see El País called Einstein, for example, the famous Jewish scientist. And who am I, the cyclist on the roof?

Nokia CorporationImage via WikipediaWhat is best to be Nokia or Apple? When you look at Apple´s financials and compare them to Nokia financials you clearly see that Nokia is doing much better than Apple except on one item: Market cap. This is the same with Microsoft and Google except that Microsoft´s market cap is still higher than Google´s. But the concept is the same. Investors give the Silicon Valley companies a much higher P/E. They believe that Apple and Google are on the rise, and Microsoft and Nokia on the decline. Looking at this and knowing about all the common ties including common board members that exist between Google and Apple I wonder why Nokia and Microsoft don´t have closer collaborations, especially now that Apple has gone after Nokia´s lunch, high end phones. But Nokia still sells in only one week as many phones as the iPhone has ever sold. Investors lose track of this. And Nokia´s CEO Olli-Pekka Kallasvuo seems to have a clear view of who his competitors are.

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I’m one of the early shareholders in Sevenload and I’m very glad to announce the company has just closed its Series B round of financing lead by T-Online Venture Fund (Deutsche Telekom’s VC division), raising a “double digit million €” investment. Congratulations to Ibo and Axel!

Sevenload is like the combination of Flickr and Youtube, a social media platform for user generated and professional content.  This new round of financing will help the company expand its business launching localised sites in French, Italian, Spanish, Russian and Polish, along with the existing English and German ones.

Sevenload also announced they joined the “User Generated Content Principles” initiative, an alliance that sets guidelines for creating and distributing content through the web while protecting copyrights.

Last night I had the pleasure to have Danish serial entrepreneur Nikolaj Nyholm over for dinner with 3 of my four kids. Nikolaj and I share many things, we are active dads (Nikolaj has 3 children ages 7 to 1), we have both started WiFi companies along a similar model, he started Organic Networks and I started Fon, and we are now both experimenting with novel uses of photography on the internet, in his case Polar Rose and in mine Twitxr. During dinner we spoke about different subjects, some had little to do with the internet and were centered more around my children and these included the pros and cons of the highly unusual British High School system that my children attend (this matter deserves another post) and others related to the internet and specificially Polar Rose.

Polar Rose has 21 employees focused on one complex subject and that is to build an intelligent competitor to Google Image searches. Now this is what is going on at Polar Rose now. Let´s take my son Tom Varsavsky as an example. These are the results of googling Tom Varsavsky´s images. As you can see results are all over the place. There are pictures of my baby Son Leo instead of him, pictures of Esther Dyson instead of him, and many pictures of me instead of him. Now Polar Rose only has only two pictures of Tom Varsavsky as its results. But they are indeed pictures of Tom. Now what Polar Rose is aiming at doing is to develop an image crawling technology that can actually crawl the net for pictures and recognize without human intervention the faces of people. During our brainstorming I gave Nikolaj sugestions that I thought would help him advance his venture. One was to work with us at Twitxr since at Twitxr many people are taking pictures of people and we could cross link with Polar Rose and help Polar Rose increase its membership of recognized individuals from its current 189.000. But Twitxr is nothing compared to the number of people that are being tagged at Facebook every day. Not a week goes by with me getting a message that says, such and such a person tagged a picture of you. I wonder if Facebook would be open to allow these information be public provided that Facebookers authorize it. And then there´s the opportunity to crawl flickr. When I went to Polar Rose for example and tried to find my friend Jack Hidary he was not tagged yet. But Flickr had public pictures of him. As Nikolaj remarked what is interesting about Polar Rose is that its technology can find the right person in group pictures.

My conclusion after talking to Nikolaj is that while Polar Rose still has way to go and it is in a very early stage what they are trying to do has a market because as gossip magazines show people are extremely attracted to pictures of people, for all sorts of reasons, and Google Images is both number one and still a very mediocre product (with all respect to Google who are my investors at Fon).

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Predictify is a prediction platform where users can predict the future and build a reputation based on their accuracy. It’s a website aggregating collective wisdom, in the belief that a large group of normal people can better predict the outcome of uncertain events then a small group of experts. On Predictify you can find all kinds questions and predictions, from stock to pop culture, to US presidential elections. For example, the state of California recently began marrying gay and lesbian couples, so on Predictify you can now find questions such as First California Gay Divorce. More interesting questions are on the site, such as who will be Obama’s vice president or will Yahoo remain an independent company through the end of 2009.

Users can build a reputation based on their accuracy, and even get paid if they answer “premium” questions, such as questions asked by a marketer or a brand, for which Predictify charges who is asking and shares part of the revenue with the people who answer. Clever.

The guys at FON Labs have been very busy this week improving Twitxr.com. Twitxr now has a new logo and a new homepage and a bunch of minor changes that should help us grow faster. Below you can see before and after, we hope you’ll like the new look!

tx1.png tx2.png

We now have two more mobile applications that will help our users easily share pictures from their mobile phones. Using our API (Application Programming Interface), Justin Braun created a Twitxr application for Windows Mobile phones and  Tristan Helmich developed one for Java phones (tested on Nokia, Simens and Motorola phones). We are greateful to them for the great work they did, as we are to Iván Martínez of Atelmedia and Eva María Pajarón who are working on a Twitxr client for Blackberry devices.

The people like you and me, who spend a lot of time on the internet are still a minority. And many outside our world consider us insensitive, glued to screens. And they are partly right as we do frequently ignored loved ones for an extra moment testing the latest site. But sometimes there are moments that even out of a computer screen you feel emotion. In this case sadness. This is one.

I am looking at the photo flow at Twitxr amazed that this simple idea that came out of Fon Labs in Gerona, Spain, is now a global phenomenom. But as I am looking at the timeline with pictures coming from Japan, USA, Argentina, Spain, Germany, Holland, I find Omjeyed from Iran. And I see that he is sick. I also see that he writes in a language that I don´t understand, with characters that are beautiful, much nicer than ours. Yet so obscure. I also see he does a little drawing, that is special. And I want to wish him well, I hope you have a speedy recovery Omjeyed.

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