Christina Larson of Bloomberg Businessweek sums up Shakr, in a nutshell: On shakr.com, developers can upload video templates for everything from weddings and children’s birthdays to real-estate sales. A user can insert personal photos into the template and download a low-res video for free or pay about $40 for an HD version. Since the website was launched on May 1, about 40 percent have chosen to pay for the higher-quality version. To date, Shakr has received about $2.4 million in …
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Well, not really. There may have been some confusion after a recent article in the Wall Street Journal’s Korea Realtime blog about Shakr. The post was headlined: “For Founder of Korean Tech Startup, A Sudden Move to Silicon Valley“. It’s partially true. We have filed papers to have an official presence in San Francisco. Some of us in the company, David and Erik, especially, will be spending much more time there, too. And that’s smart business. Deals are getting done. …
Shakr will be one of several Korean startups headed to Silicon Valley to be part of the beGLOBAL event on Sept. 13. Min-Jeong Lee was kind enough to mention Shakr in her Wall Street Journal blog post about beGLOBAL. Video-making platform Shakr, which launched its service in May, will be one of the startups coming to Silicon Valley. “Our goal is to launch our business in the U.S.,” said David Lee, the chief executive of Shakr, which provides templates for videos that …