Tag Archives: Founder Xavier Damman

SXSW's Favorites: Do They Really Become the Next Big Thing?

By Muneeza Iqbal

Mars Rover

Filed under: , ,

(NASA)

Every March, Austin absorbs a massive influx of talented artists and entrepreneurs for the South By Southwest Conference & Festivals, aka SXSW. There, they get to network, bask in each others’ genius, and showcase their own work, while those of us who aren’t able to attend salivate in anticipation, waiting to see what “next big thing” will be revealed at the festival.

Sometimes, it really is the next big thing: In 2007, Twitter set up massive screens at the Austin Convention Center to encourage attendees to tweet about their experiences. The company won the conference’s Web Award (now known as Interactive Awards) in the blog category, and even though the company had been around since 2006, that SXSW proved its real coming-out party.

But how good is SXSW at reading the tech world tea leaves? We’ve looked at a few of its past award winners to see how they fared after their shining moments in Austin.

2012

Storify (Social Media): Thanks to the boom in social media, our thoughts and moments tend to be scattered across a multitude of sites: Facebook, Twitter, Instagram and others. Storify helps you pull it all back together, weaving those threads into timelines with coherent narratives — in other words, your stories. And it works with input from large groups as well. Founder Xavier Damman says Storify has been used by the New York Times and the White House to document various events, and people have pooled the social input from friends and family to “storify” their weddings and birthdays. The site’s popularity has been growing rapidly, but there have been some privacy concerns as of late.

2011

Airbnb (Mobile Award): Airbnb connects travelers seeking cheap and convenient lodging, with ordinary folks who have some space they’d like to rent out temporarily. Although Airbnb had been around since 2008, the launch of its mobile app has made it faster and easier to use (and won it this award). The company has been associated with its share of scandals and rental disasters, but none have cut into its growing popularity.

2010

Aadvark (Community Award): This popular search engine connected users with a network of their friends and friends of friends to answer their questions. Google acquired the company around the time it won this accolade, but shut it down a year later. It may have seemed like a great idea at the time, but the evolution of social media rapidly made it fairly obsolete.

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Gowalla (Mobile Award): One of the first location-based social media sites, Gowalla allowed users to “check in” wherever they were. The app was similar to Foursquare, which was also nominated in this category. Facebook acquired Gowalla in 2011, and then shut it down a year later. Meanwhile, Foursquare lived on, and has grown substantially. One can find celebrities like …read more
Source: FULL ARTICLE at DailyFinance