my old friend and startup compatriot bill nguyen is at it again with a new music sharing service called lala. i havent tried it yet, but the concept sounds really clever. lala sounds like netflix for music and takes advantage of the fact that we can all legally sell or trade used cd's. basically, it sounds like i can rip all my cd's and then send them in to lala and get a whole new batch sent back. this sounds like something that could be very popular with teens and twenty somethings.
bill has a terrific track record and is backed with $9 million from bain and ignition. nice way to launch a company. bill has a nack for ui so i'll be excited to play with his newest app.