I was talking Hugo and David of the Mangrove team tonight. Hugo mentioned that they had gone public with their investment into Quintura, which I see the alarm:clock have a piece on the search engine as well today.
There was in interesting article on the O’Reilly radar last week, “Search startups are dead…” arguing that search innovation would only come from applications on top of search- moving up the stack, which is what Quintura are essentially offering.
I definitely don’t believe search startups are dead- I think we’ll get much better algorithms, which will rapidly displace the existing search gooood.
Search has to be one of the most interesting, relevant areas to focus on for investment. Even when Yahoo, Altavista, etc were at the top of their game, a small underdog came out of nowhere and became a $125 billion company. I think Google could topple as well- I mean, when was the last time you really got the result you wanted from a Google search?