Facebook IPO not panning out for you? Well, there are other opportunities out there where you can get in on the ground floor for a lot less.
Take a Kickstarter project dubbed Gooey Search – it’s trying to get funding of at least $125,000 by June 8 for its consumer-facing technology, based on latent semantic analysis (LSA). It has as its goal delivering the best and most accurate Google search results in what it calls a Gooey Graph real-time diagram of discovered network concepts, while keeping user privacy intact.
With the recent announcement of Google’s Knowledge Graph, do we need another way to probe the leading search engine? Ed Heinbockel, founder, president and CEO of Visual Purple, is betting we do. “To me [what Google’s done] validates the approach we’ve gone down in terms of visualizing and letting you navigate search. It’s the same direction. The question is can we provide value to that equation,” he says.
Where he sees the opportunity: “What drives us a lot is that we’re very concerned about the direction that privacy and the Internet are going,” he says. “And we think the quality of the results they give back to users isn’t in the order it should be.”
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