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Summary:

So much has been written about Edgeio, that it is hard to add anything new to the conversation. The big news is that, it has finally gone live. Go try it out for yourself. Edgeio is a company co-founded byMike Arrington, who writes the influential Web […]

So much has been written about Edgeio, that it is hard to add anything new to the conversation. The big news is that, it has finally gone live. Go try it out for yourself.

Edgeio is a company co-founded byMike Arrington, who writes the influential Web 2.0 blog, TechCrunch, and Keith Teare who is also CEO of the company. Edgeio has received a whopping $1.5 million in angel funding from the likes of Ron Conway, RSS Investors, Transcosmos, Louis Monier (AltaVista founder, formerly of eBay and now at Google), and Jeff Clavier.

I recently got a demo of their service, which in simple terms aggregates classifieds published by sellers on their own blogs. Edgeio leverages tags quite a bit, and as a blog publisher you need to simply add a category called listing and you post shows up on Edgeio. So from a publisher standpoint, it is pretty simple and easy to use. You can go into the Edgeio system, and add more details to your listing.

From a buyer’s perspective, find the listings and email the person concerned through the Edgeio system. You can search by geographic locations (very cool slider!!!) and by using tags. One of the best features, which I like about the service is that it can give you a small piece of code that you can then re-embed in your site’s sidebar to give people and easy view of what you are selling. I wish this could be turned into a plugin for more popular blog systems. So what about the business model?

For one, Edgeio plans to charge Powersellers 25 cents a day to buy top positions on the page for their local listings. Later, Edgeio plans to run contextual ads, possibly Google’s AdSense, to let local sellers run ads on the right column. And third, as prospective buyers subscribe to Edgeio RSS feeds for products they’re interested in, those lists of prospects could be sold as qualified leads to sellers. [Business Week ]

However, the big problem facing Edgeio is the presence of nefarious characters who are overwhelming the blogosphere with spam. Craig Newmark of Craigslist, thinks it is a cool idea but he is also concerned about spammers. “Considering that spam blogs are already a huge problem, and how easy it’ll be to falsely tag viagra ads, the volume of bad ads will be tremendous,” he wrote in response to a post by Jeff Jarvis. My suggestion to the boys was that they should try and team-up with Matt and use Akismet to suss out the nefarious blogs.

  1. Thanks Om

    We definitely agree that spam is an issue when publishing is open. A bit like democracy leads to frredom, even for those you object to.

    We think we have ways of dealing with it, but we are sure to learn a lot as we go.

    Akismet is interesting, although their focus is comment spam and splogs are a little different. We may have to adopt their general approach and apply it to a new problem.

    Thanks for the advice.

    Keith Teare
    founder/CEO/edgeio

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  2. Edgeio launches

    Edgeio has opened to the public. Edgeio is as some of you may know, the project I’ve worked on from September to the end of last month and the reason I spent 2 great months in California. It is great to see the service open doors for several rea…

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  3. This seems like an interesting site. I will have to give it a closer look.

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  4. Edgeio just opened up its doors

    One of the most exciting and scary moments for a startup is the moment it shipsits product/service for the very first time for real without any password, limitation, etc. It is often the result of months of effort by a dedicated team, and gets you to d…

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  5. Edgeio Finally Launches: Add Listings Today

    The much anticipated launch of edgeio, an online service which gathers listings from the edge of the Internet, has finally arrived today (February 27, 2006). I have posted about edgeio quite a bit on Somewhat Frank starting back in

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  6. Edgeio: edge aggregator

    2006-02-27: Official launch: Techcrunch, helped by Om Malik, Read/Write Web, WeBreakStuff

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  7. My Bright Idea – an Open Source Business Plan

    Thrudispatch Business Plan

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  8. After filtering all the hype it looks edgeio is basically a classified ad system for the bloggers…

    Seriously how many active bloggers are out there?, Lets assume a very generous percentage, say 5% of the internet population.

    So with a service which targets just 5% of the browsing public how the heck edgeio is going to achieve the critical mass required for a classified ad system/p2p marketplace?.

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  9. I spent some time at Edgeio and thought that their proof-of-concept was cool. However, I remain concerned with splogs too and have to agree with the CEO that Akismet may not cut it for this purpose. I remember looking at a splog-aggregator before (http://splogspot.com) — that may point toward the right direction.
    @Gopi: I’m sure there are others who may second my opinion on this — I think that the blogging public presents viable business models in the p2p marketplace. To wonder “how the heck edgeio is going to achieve the critical mass …” is rather extreme, although your concern is probably taken into consideration.

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  10. Fake Videos and Genuine Successes

    Last Friday Adrants reported that McKinney Silver extended their Pherotones campaign, a thinly disguised promotion for Oasys Mobile to viral video with a clip seeded through Emily’s Eatmail. “While ringing cell phones in the middle of a wedding cere…

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