TechCrunch is coming to Slush Helsinki

October 29th 2008
Ville Vesterinen

ArcticStartup is partnering with TechCrunch UK and Slush Helsinki in organizing a brunch for start-ups, entrepreneurs, investors and key industry players the day after the Slush event. Slush will take place on Monday 24th November and the brunch on Tuesday 25th.

Slush is an event for startups by startups in Helsinki, Finland. The event will showcase all the major Finnish Internet-era success stories from F-secure to Jaiku, from Habbo Hotel to MySQL, along with all the hottest Finnish startups.

TechCrunch Brunch @ Slush kicks off with discussions about entrepreneurship and startups in general with Mike Butcher, the editor of TechCrunch UK initiating and moderating the discussions, followed by plenty of networking over brunch.

The event is sponsored by Muxlim, a Finnish born Muslim online community with users from over 190 countries across the world. The site is the official Finland nominee to the World Summit Awards 2009, for the “e-Inclusion & Participation” category.

There is limited capacity for attendees at TechCrunch Brunch @ Slush, so TechCrunch is asking for a €20 cover charge to minimise no-shows. The brunch will take place at Cafe Ekberg, from 09:30am to 01:00pm. You can register for the TC brunch here, and for the Slush itself here. Hope to see you in the Slush on the 24th as well as at the brunch the day after!

Muxlim building Muslim virtual world

October 23rd 2008
Ville Vesterinen

muxlimAccording to TechCrunch UK (blog post here) Muxlim, the Finnish born Muslim social network, is launching a virtual world especially Muslims in mind.  This will be much like the other virtual worlds we are familiar with such as The Second Life apart from the Muslim specific features.

TechCrunch UK reports:

The idea is that something tailored to the Muslim world would be allowed through the IP-blocks of countries like United Arab Emirates which currently stops access to virtual worlds and online games considered unsuitable or offensive to Muslim culture. The virtual world is said to launch in 4-6 weeks

[...]

The revenue model will be VIP accounts, virtual gifts, virtual furniture/clothes, themes/styles, profile applications, advertising, branded communities and physical merchandise like t-shirts.

Muxlim has been very active lately. In addition to the new virtual world, they are planning to open an office in the UK and a big UK launch event at the end of January 2009 to go along with that.

If you look at the TechCrunch UK comments it clearly shows that religion is much more sensitive topic in the UK than it is over here in the Nordics and Baltics. Very few, if any, of the comments actually deal with the product itself, but rather with the fact that the virtual world is for Muslims. Mike Butcher, the Editor of TechCruch UK, decided to shut down the comments since the blog post created so many racist comments. I have not seen such negative approach here in the Nordics or Baltics even though Muxlim has been in the headlines quite a bit. It seems that UK has much more to learn from us than just financial regulation.

Edit: Here’s also Wired’s take on the Muxlim virtual world.

One Week To SIME Helsinki

September 9th 2008
Antti Vilpponen

Just over one week to go to SIME Helsinki event held in Teatteri. The reason we are mentioning this is of course the fact that you will receive a discount of 20% with the code arcticstartup when registering for your ticket. SIME Helsinki is held on the 17th of September.

There’s an interesting line up present, a few interesting keynotes from statups’ perspective could be the one of Stefan Glaenzer, founder of Last.fm as well as Mohamed El-Fatatry, founder of Muxlim.

I’ll be present there and will be doing some interviews as well as blogging about the event at ArcticStartup of course. Do let us know if you are coming, would be nice to meet up!

Muxlim goes commercials

September 1st 2008
Ville Vesterinen

Muxlim TV, a video sharing website of the Finnish based Muslim social media website that attracts visitors from over 190 countries, has produced a rather nifty commercial.

The video reminds me an awful lot about the commercials that Apple makes. I believe the guys at Muxlim tried to do exactly that, which is why it works so well. Great stuff!

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Red Herring publishes finalists for Europe 100 list, suspected tax frauds and financial obscurity in the background

March 30th 2008
Miikka Kukkosuo

Red HerringSeveral Finnish companies have been included as finalists for the 2008 Europe 100 list of the of most promising ventures Red Herring is once again publishing. The companies are Aito Technologies, Floobs, Muxlim, nCore, Severa, Whatamap.com, Widisys, and Valimo Wireless. The winners will be declared at Red Herring Europe 2008 event in Malta on April 14-16th.

While the nomination gives good visibility to the companies, it’s worth a note, though, before going boasting around that the reputation Red Herring has is not that good everywhere. There’s a whole lot of suspected monkey business going on related to the company. According to rumors (see ValleyWag’s posts for example), Red Herring’s CEO and Chairman, Alex Vieux, doesn’t pay his bills (nor employees’ salaries). In addition, he’s got the U.S. tax officials of IRS on his back, suspected of having $2 million in unpaid payroll taxes according to ex-employees. Mr. Vieux has also been said to to have fled French and Swiss police also interested to investigate possible unpaid taxes. A good sign is neither that Red Herring has lost quite a many board members over the last couple of years.

Although not all the rumors may be true, it nevertheless seems the company is in trouble and it’s unsure if it’s able to turn its course. As a takeaway it’s good to enjoy the publicity the nomination brings, but at the same time it’s worthwhile to assess what kind of association to have with Red Herring in particular and keep one’s ears open.