As you may have seen on TechCrunch, we will be hosting the launch party of Powerset co-founder Steve Newcomb’s new company, Virgance.

A brief summary from the article:
“Virgance focuses on fostering and promoting benevolent, wide-reaching and important campaigns that also stand a good chance to make money. The Virgance engineering team, headed by VP of Engineering Naseem Hakim (who helped build the very popular Facebook app Circle of Friends), is building a platform designed to help promote these campaigns across a number of social platforms. Newcomb describes the platform as “the next iteration of what President Obama did” – leveraging the power of social media to reach the masses. But these campaigns are not simply about raising awareness – they have to let the community somehow interact, and they have to have a solid business model. Depending on the campaign, Virgance gets a portion of the incoming revenues.” 

At our next SF Beta, we’ll be featuring the ventures and adventures of Virgance, with tons of bloggers, press, and investors in attendance.  This is definitely NOT the beta to miss this year.

This entry was posted on Wednesday, February 11th, 2009 at 2:54 pm and is filed under In the Scene, Our Awesome Sponsors, Web 2.0 Mixer. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.