Qwiki......Ever Heard Of ?

[LaoPo]

January 20, 2011, 10:52 am

Facebook Co-Founder Backs Start-Up

By MIGUEL HELFT

Billionaire Facebook Co-founder, 28 year old Eduardo Saverin; living in Singapore.

The first check he wrote to an entrepreneur turned him into a billionaire and a lead character in a Hollywood blockbuster. Now Eduardo Saverin, the Facebook co-founder and onetime friend of Mark Zuckerberg who has shunned the spotlight for the last several years, is writing a much bigger check in hopes of planting a seed that will blossom into another Internet wonder.

On Thursday, Qwiki, a Silicon Valley start-up, announced that Mr. Saverin was the lead investor in an $8 million round of financing. The company, whose Web service responds to search queries with interactive multimedia presentations rather than links, recently received a top award at an Internet conference.

In a telephone interview earlier this week from Singapore, where he is living, Mr. Saverin said he was excited about Qwiki.

"I am in a situation today where I can do what I love, which is help other entrepreneurs," Mr. Saverin said. "Facebook has been a big thing and will be a big thing. Qwiki is early stage, but they are on the path to be a game changer."

Mr. Saverin declined to say how much he invested in Qwiki. The company also declined to give details of the financing.

Continues:

http://bits.blogs.ny...p/?ref=business

Qwiki:

http://www.qwiki.com/

LaoPo