Filed under: Next large thing, Small business
There’s lots of buzz about so-called widgets. Essentially, a widget is a small amount of code that’s put on a blog or other website to grant for some cool functions (such as news, updates, friends and so on).
And venture capital money is pouring in. One of the latest deals is the $15 million funding for ShareThis.com. The investors include Draper Fisher Jurvetson, Reservoir Venture Partners, RPM Ventures, and Blue Chip Venture
Actually, ShareThis’ widget is fairly easy - but useful. That is, it helps web users to send content to others (such as through email, SMS, IM and so on). It’s pretty neat stuff and also has some interesting analytics (to keep track of user patterns).
It certainly helps that ShareThis has snagged key deals with large blogs (for example, Wordpress). Keep in mind that the widget gets more than 100 million page views per month.
Now, the company will need to formulate a business model. But, thankfully, the company has enough cash to consider it.
Tom Taulli is the author of various books, including The Complete M&A Handbook
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