Netvibes, the Paris-based personalized page start-up, which till recently had to co-CEOs, Tariq Krim (also the founder) and Pierre Chappaz, now has one less CEO. Chappaz is leaving Netvibes and instead will be focusing on Wikio, his personalized blog and news search service
Wiki-related start-up that is now said to have two million unique visitors a month.
In a blog post announcing his decision, Chappaz hints at some long standing disagreements with Krim about the future of Netvibes.
The buzz around the service in the blogs and in the media was impressive. Tariq presented the whole of his original vision for Netvibes …a vision that seduced many, myself first.Strategies of distribution and monetization are the two points of disagreement between Tariq and I. We have a different vision of the evolution of Netvibes Universes.. It’s of no use to expose these kind of details in public..
Netvibes, and other personalized page start-ups are entering a tenuous phase, where they face not only increased competition from each other, but also face increasingly energized large companies, that are preparing their one personalized page offerings.
AOL, for instance is introducing MyAOL, that in early testing by us proved to be more than impressive. Google is using cash to attract developers to its iGoogle platform, raising the stakes even higher. With such fierce competition looming, Krim and Netvibes will have to battle hard to keep attracting new users. Netvibes has raised over $15 million in venture investments from the likes of Accel Partners and Index Ventures
PS: I will see Krim later this week in San Francisco, and will have an update at that point.