Welcome back to Baby Breakerdom! This week's quest to uncover budding Rule Breakers finds us watching the egg timer and shopping for a ring.
First up this week is VideoEgg, which is not quite a spin-off from Motley Fool Rule Breakers pick Akamai (Nasdaq: AKAM ) , but may very well be the first business that exists expressly because of the content networking pioneer.
Allow me to explain. VideoEgg plans to provide technology that, using the Internet, makes it possible to pull online video from any source and deliver it to any digital device. The secret sauce is a software tool that, according to Videoegg.com, is activated by dropping a few lines of code into any website. Akamai then distributes the "egged" videos, thanks to a leasing arrangement between the two firms, according to BusinessWeek.
I find the idea fascinating, and not just because I imagine millions of users distributing videos across Akamai's platform (ka-ching!). My greater interest is in how different VideoEgg aims to be. Unlike YouTube or News Corp's (NYSE: NWS ) MySpace, both of which are destination sites, VideoEgg democratizes the idea of content distribution. Just as websites such as The Motley Fool proved you didn't have to work 9-to-5 in a white-paneled high-rise to deliver financial news, VideoEgg may yet prove that video production is the right of every man. If, that is, the technology is as simple and elegant as VideoEgg claims.
If so, then one of the earliest beneficiaries of VideoEgg's infrastructure could be vloggers -- bloggers who use video instead of a keyboard. It's a growing group. Nearly 200 of these early adopters were at this year's Vloggercon in San Francisco. Meanwhile, many of the cream of the Web's crop have begun to sprout vlogs, including Google (Nasdaq: GOOG ) .
Clearly there's a trend at work here. So it's no surprise that venture capitalists are aiming to take advantage. This week, August Capital and Maveron Capital -- the VC firm co-founded by former Starbucks CEO Howard Schultz, which is also an investor in The Motley Fool -- poured $12 million into VideoEgg. But, then again, if this trend is as big as it seems, $12 million may be just the beginning.
Next up is RingCube Technologies, maker of the MojoPac software that allows a portable storage device -- even an iPod -- to carry all of your PC's settings so that any computer anywhere can act as your own. It's an odd and wonderful idea, and according to VentureWire, it's attracting investors. VC firm New Enterprise Associates pledged $4 million in a first round of funding for the firm.
RingCube officially debuted this week at the DEMO early adopter conference in San Diego, California. But it's the MojoPac software that's got me both intrigued and frightened.
Here's why. One the one hand, MojoPac could completely alter the packing habits of business travelers. (Think about it: Would you pack your laptop for a trip if you didn't have to?) On the other, I'm an investor in Apple (Nasdaq: AAPL ) , and I'd prefer consumers and businesses not be given a reason to cut down on new computer purchases, as they surely would if any PC could be your own. Better not lose this ring, Fool.
That's all for now. See you back here next Friday when we continue the quest to find the next ultimate growth stock.
For more Rule-Breaking Foolishness:
- Check in with our last round of infants.
- Watch out for category 5 stocks.
- Why is Virgin giving away billions?
High tech. Biotech. Nanotech. Any tech. David Gardner and his Foolish band of analysts cover it all forMotley Fool Rule Breakers, and they've unearthed four multibagger stocks in less than two years as a result. Want to find what they are? Try the service free for 30 days.
Fool contributorTim Beyersowns LEAP options in Apple and shares of Akamai. Get the skinny on all the stocks he owns by checking Tim's Foolprofile. Starbucks is a Motley Fool Stock Advisor pick. The Motley Fool'sdisclosure policyis a rebel with a cause.