For those of you who, like me, are following the funding of RSS companies (and the reasons behind said funding), this might be of interest to you…
A Business Wire press release announces that New York Angels is only of the angel investors behind Feedster. Unfortunately, neither the size of the investment nor a list of other angels participating in the round is provided (not surprising, as being stealthy is all the rage again).
Still, it’s important to understand how ‘smart’ the money is going into these companies, as their ability to stand alone in the wake of the Search Giants waking up and taking RSS seriously is an open question (at least in my mind).
So what do you think? Do you see Feedster, Technorati, PubSub, Bloglines, Pheedo, TypePad, Feedburner et al around 3-5 years from now? Or will their foundation in open standards (RDF/XML/RSS, etc) lead to quick commoditization (or, perhaps, “cheap” acquisition) by Yahoo, Google and Microsoft?