Estimated Value: $325 million
Business: Makes applications and widgets for social networking sites.
Location: San Mateo, CA
More Info: RockYou
CEO: Lance Tokuda
Investors: Sequoia Capital, First Round Partners, Lightspeed Venture Partners, Partech International
Analysis: Similar business to Slide, but smaller. With RockYou's software, users can make photo slideshows or create voice messages as "shout outs" for other people to access on their Facebook pages. RockYou has 3 million or more active users every day and makes the third most prolific Facebook app, according to Fred Wilson.
We estimate RockYou will generate about $15 million in revenue in 2008. Our valuation is primarily based on RockYou's size, momentum, and position relative to Slide. We estimate a valuation of $325 million.