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BOSTON, Mass. Aug. 21, 2008 -- MocoSpace today announced the addition of Bebo’s
first employee
and board member, and current angel investor, Jim
Scheinman to its board of directors. Scheinman pioneered and shaped the
social networking space as an early employee of Friendster and the first
employee of Bebo, helping to launch the world’s
third largest social networking site which was sold to AOL last year for
$850 million.
Scheinman’s broad social networking, business
development and viral marketing experience will help MocoSpace widen its
lead in the mobile social space by developing new approaches that
leverage consumers’ increasing dependence on
their mobile phones as their social lifeline. The US-focused mobile
social site has 3.5 million registered users and nearly 2 billion
monthly pageviews.
“Jim’s decision to
join our board validates both our focus on mobile and our company’s
achievements to date,” said Justin Siegel,
MocoSpace CEO and co-founder. “His expertise
in building two highly successful social networking businesses from
early stage will be invaluable in evolving the MocoSpace experience and
accelerating our growth.”
“I am very excited to be working with the
extremely talented MocoSpace team. A lot of advisor opportunities in
this space come across my desk but I work only with companies that have
a chance to do something truly special like we did at Bebo. MocoSpace
meets that standard,” said Scheinman. “They
have already established mobile social networking as a viable business
model and they are building a company that will have a meaningful impact
on the way we communicate on our mobile phones.”
A leading expert on social networking and frequent speaker at industry
conferences, Scheinman headed business development and sales at
Friendster from 2003 to 2005. There he created the concept of “engagement
marketing,” enabling consumers to become
brand advocates by spreading engaging brand content among their network
of friends. Jim left Friendster to join Michael & Xochi Birch as the
first employee and board member at Bebo where he was integral in
launching the site, heading sales and business development, and leading
the strategy which resulted in the company’s
eventual sale to AOL.
MocoSpace is a social community site where members create custom
profiles, upload and share photos, IM, chat, blog and more, from their
mobile phone. The site can be accessed by mobile or PC at www.mocospace.com.
About MocoSpace
Founded in 2005, MocoSpace is a mobile social community designed to help
people find friends, have fun and stay connected on their mobile phone.
The service is free and available on any web-enabled mobile phone in the
world. MocoSpace is a privately held company with offices in Boston, Massachusetts
and Herzilya, Israel.
Information Source: Business Wire
Image courtesy of Business Wire
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