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Faves.com still alive, but on life support

TechFlash

I got a chance to chat today with Mike Koss, the angel investor and former Microsoft developer who heads the Seattle Internet incubator Startpad.org.

It was a good news, bad news conversation. Koss was excited to show off a neat litte application called G02.me that he built over the past few weeks using Google's App Engine. The service shortens URLs to 16 characters, rather than the 25 characters from competing service TinyURL, and provides some unique features like the ability to see the most popular links on the G02.me home page.

And the bad news? As suspected, Koss' other Internet company -- Faves.com -- is on the ropes. The social networking startup, formerly known as Blue Dot and backed with about $2 million in angel financing, laid off its remaining two employees about a month ago.

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