WHAT: Singboard couples the latest music videos with lyrics and makes online karaoke a social experience. "It's where Youtube meets karaoke," Ray Chan said at 500 Startups.
LAUNCHERS: Founders Ray Chan, Chris Chan and Marco Fung. From Hong Kong, now in Mountain View, California.
INSPIRATION: We started a few projects (e.g. 9GAG, Startup Quote) for fun. Some of them have taken off (e.g. 9GAG has 100M+ pageviews in the last 30 days). So we decided to work on them for full time. Singboard is our latest gig.
BUSINESS MODEL: Monthly subscription for premium service and for phone app.
COMPETITORS: The Karaoke Channel, SingSnap, Karaoke Party
LAUNCH: Private beta coming soon.
INVESTORS: Dave McClure, Greg Sung, Founder aNobii.
RAISING: Not raising money at the moment because of running revenue from other products.