Feel the Power of Social Networks
By Azam on December 1, 2008 
Power.com intends to become center of the social networking universe and is backed by heavyweights in investors DFJ and Ester Dyson. Power plans to be central point for users by pulling users’ social network updates, e-mail, instant messages and contact lists together in one place. Users can use a universal login and access a dashboard view of several sites and avoids visiting each site separately. Currently, Power.com can access Facebook, MySpace, Hi5, Orkut and MSN and intends to expand other services.
“We want to be the center of the world, but we also want to open everything up,” said Steve Vachani, the company’s chief executive. “We’re creating an operating system for all applications for all places.”
Power already has 5 million registered users, 3 million of whom visit each month, Mr. Vachani said. Most are in Brazil and India. Power initially worked on Orkut the social networking property of Google that is huge hit in Brazil and India as well. Power allows users to communicate users send messages to many of their Orkut friends all at once which popular spreading app.
A number of larger web firms are going after the same market and intend to be central point in social networking such as Google, Yahoo, MySpace, Facebook, and many more. Other firms are attacking the social networking through widgets such as Meebo the cross platform instant messaging web service. There definitely needs to be a simple way to centralize accessing information across the number of social networks without logging into every singing site separately
“We’ve been looking at this overarching question of where does social networking go in the longer term,” said Andreas Stavropoulos, the Draper managing director who led the investment in Power.com. “A lot of properties, like Facebook, MySpace and others, become these islands unto themselves. What we saw in Power was a way of opening up these islands and connecting them.”
“For a while it was portals and now it’s social networks, but in the end, people want the Web to revolve around them, and this helps people aggregate everything around themselves.” Esther Dyson commenting on Power.com, the founder of EDventure Holdings
Power.com raised $2 million from angel investors last year and $6 million from Draper Fisher Jurvetson.
Reading List
NYT Bits Power.com: A One- Stop Shop for Social Networkers
TechCrunch Power.com: For Social Networking Power Users
VentureBeat Power.com wants to let you interconnect with all social networks
Tags : Andreas Stavropoulus, DFJ, Esther Dyson, Facebook, meebo, MySpace, Orkut, Power.com, Steve Vachani