The founder of McAfee, Srivats Sampath, has been around the block a few times and managed to make a killing doing so.
His current job title is as an Executive-in-Residence at VC firm US Venture Partners, and in his time he was a Vice President of Netscape, he co-founded Mercora, the company behind the music discovery tool Social.fm. He was previously founder and CEO at McAfee.com which is now part of Intel.
Either way he should know a thing or two, so we were somewhat surprised to discover that he has just written a $1.5 million cheque for a new startup called Grokr.
Not a lot is known about Grokr. The outfit does have a website which shows a tablet with a motto “unleashing the cognitive Web for a post-PC world.”
Yeah, it sounds like something Jobs would say, only there is no mention of the buzz words “cool” and “wow.”
Cognitive web is a fairly woolly thing to say and could actually mean anything from Skynet to some natty programming which allows you to get what you want from a website with software guessing your selection choices.
Either way, the web site is total gibberish and might just be yet another mobile application store.
We will find out later this month when the whole thing launches. Sampath has invested in a few turkeys before, but $1.5 million is a lot of dosh to stick in an outfit with such a low profile. He would be better off sticking his cash in a small British magazine with a reputation of sailing up the nasal passages of the big hooters in the tech industry.