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About Shan Sinha

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Latest Shan Sinha News

This Star-Studded Startup Vows To Make Conference Calls Extremely Simple

Oct 7, 2014

email HighfiveHighfive CEO, Shan Sinha After two years in stealth mode, a startup called Highfive is launching Tuesday with a product its founders swear will make video-conferencing drop-dead simple and forever banish dial-in codes for boring group calls. "Everyone agrees that conference calls are a terrible experience," Shan Sinha, cofounder and CEO of Highfive tells Business Insider. The status quo, Sinha says, is that you have to struggle with dial-ins and old equipment for 15 minutes before you can even get a call started. Not only does it waste a bunch of time, he says, but phone calls are inherently less valuable than face-to-face meetings. Sinha felt so strongly that there had to be a better way, that he ditched his job at Google, built a rock-star team of designers and engineers from Apple, Cisco, Amazon, Google, and Microsoft, and started taking on the problem. The company also has backing from big-names like Salesforces's Marc Benioff, Dropbox's Drew Houston, and Box's Aaron Levie, as well as General Catalyst, Andreessen Horowitz, Google Ventures. Here's what Highfive's sleek solution looks like: Highfive The idea is that every room with a TV will have Highfive's video device, which has super-crisp video and sound quality. All it takes to join a conference call is clicking a link, and participants can talk from their TV, desktop, or mobile phone. The system costs $799. Sinha says that he considers Highfive the Nest of video-conferencing. Just like Nest did with thermostats, Highfive wanted to make a conferencing system that was both beautiful and really easy to use. The company has been piloting its products with a variety of businesses, like Warby Parker and HotelTonight, with great response. Although $799 a room might not sound particularly cheap without context, Highfive compares its pricing to that of legacy video conferencing products, like those offered by Cisco. To install the comparable Cisco product would cost $20,000 per room, according to Sinha: Highfive

Shan Sinha Investments

1 Investments

Shan Sinha has made 1 investments. Their latest investment was in Sincerely as part of their Series A on October 10, 2011.

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Shan Sinha Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/26/2011

Series A

Sincerely

$3M

Yes

1

Date

10/26/2011

Round

Series A

Company

Sincerely

Amount

$3M

New?

Yes

Co-Investors

Sources

1

Shan Sinha Portfolio Exits

1 Portfolio Exit

Shan Sinha has 1 portfolio exit. Their latest portfolio exit was Sincerely on November 07, 2013.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/7/2013

Acquired

1

Date

11/7/2013

Exit

Acquired

Companies

Valuation

Acquirer

Sources

1

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