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<div class="image-container float_right" style="width:400px"><div class="image"></div>Adam Ludwin</div>Adam Ludwin sees a lot of startups as a principal at RRE, a venture capital firm that's invested in companies like Moda Operandi, Makerbot, Braintree and Business Insider. 
As such, he sees broad trends in entrepreneurship; he knows what every founder is working on, which spaces are the most crowded, and which types of startups investors are looking to financially back.
Two of the biggest trends right now are: 
<ul>
<li>Social photo and video apps -- Think Viddy, SocialCam, Cinemagram and Snapchat. All emerged as Instagram was getting acquired for $1 billion and Pinterest was receiving a billion-dollar valuation.</li>
<li>Reinventing the iPhone's default apps -- Instagram re-invented the Camera app and found success. Spotify is often used instead of Apple's "Music." Evernote is a good alternative to "Notes," the new Mailbox app is preferred to "Mail" and apps like Sunrise and Fantastical are better than "Calendar."</li>
</ul>
Ludwin founded two companies prior to joining RRE, and now he's trying his hand at another one. He's co-founding an iPhone app with a friend from Los Angeles, Devon Gundry.
And guess what? 
<ul>
<li>It's a social photo app called <a href="https://bitly.com/WbwBij">Albumatic</a></li>
<li>It's trying to smother one of Apple's default apps, "Photos."</li>
</ul>
"I really don't want to like another photo app," I told Ludwin as I looked at the app. He laughed and said, "Neither do I."
But as I stalked recent photos of CrunchFund's MG Siegler on a trip to Cabo with his girlfriend, I found myself warming to <keyword id="1765878" type="UNKNOWN" weightage="60" keywordseo="Albumatic">Albumatic</keyword>.
Albumatic is a social, beautifully-designed alternative to Apple's "Photos," an album app most people forget they have on their iPhones. Ludwin calls Albumatic an "organizational layer" for photos, separating them by event, location, and featured people.
"There were seven or eight of us all taking photos of Devon's new baby," Ludwin explained Albumatic's origins. "All together we had taken 100 photos, but they were all siloed in each others' devices. There are endless places to share photos -- via text message, Facebook, Instagram, and Twitter -- but there's no good, social way to bulk combine camera rolls and image galleries."
When you join Albumatic, it helps you find other users on Facebook, in your contact list, or nearby via the iPhone's GPS. From then on, when you and a friend are near each other, you can create and join albums together. 
No invites codes are sent back and forth; friends see albums as you create them through push notifications, and they can either "watch" it if they aren't nearby, or they can join the album if they're witnessing the same event. Like Instagram, people can favorite or comment on photos.
<div class="image-container" style="width:590px"><div class="image"></div>Albumatic</div>
Like Path and Foursquare, each user has a profile page that displays their albums, photos and activity. Here's what it looks like:
<div class="image-container" style="width:590px"><div class="image"></div>Albumatic</div>
Only your friends can watch/subscribe to your albums, so strangers won't be able to creep into them (I was only able to "watch" photos of MG's trip to Cabo because Ludwin is friends with him. I wouldn't have been able to do that on my version of the app).
Albumatic could be good if you want to witness a friend's spring break trip you can't make, or a wedding you weren't invited to. Subscribing to an album is like being there in spirit, and you can watch the event unfold in real-time without having to wait for Facebook uploads after the fact. 
It's also good for weddings you are invited to, where every friend has a camera and is snapping their own shots. Instead of uploading and tagging each camera roll separately on Facebook, you can join forces and see everyone's photos at once on Albumatic.
Here's what the album view looks like in the app:
<div class="image-container" style="width:590px"><div class="image"></div>Albumatic</div>
One problem with Albumatic is, if events are too big (think South by Southwest), it's possible to have too many people join a single album. If a bunch of friends of friends of friends are at a concert or event together, they could all end up joining the same album and contribute thousands of photos that the album creator never cared to see.
Ludwin calls this idea "album hijacking" and admits it could be a problem. He and Gundry have contemplated capping the number of people who can join albums. He says Siegler has already hijacked one of his from a San Francisco trip.
Here's a view of all the people that have joined or watched an album:
<div class="image-container" style="width:590px"><div class="image"></div>Albumatic</div> 
Also, there's no way to remove or "untag" a photo of you once it's in Albumatic, and anyone who's subscribed to the album can see it. Ludwin says the only current solution is to ask the poster to take down the image.
Here's what the group camera roll looks like in Albumatic:
<div class="image-container" style="width:590px"><div class="image"></div>Albumatic</div>
For now, Ludwin will remain at RRE and involved in companies where he's on the board: HowAboutWe, Moda Operandi, Kik Interactive, Paperless Post and VYou. 
RRE will also be investing in Albumatic, although a round of financing hasn't closed yet.
Ludwin realizes photo-sharing is a packed space, but after months of mulling it over and researching Albumatic's competitors, he's confident in his startup. 
When asked why he picked such a crowded space he replied, "Simple: the problem was still unsolved!"

RRE Investor Adam Ludwin Has Decided To Start A Company, Albumatic, In The Most Crowded Space Ever

<div class="KonaFilter image-container display-table float_right"><div><div class="image"></div></div></div>Good morning! Here's what's happening in tech. 
<ol>
<li><a href="http://www.businessinsider.com/amazon-testing-delivery-drones-in-india-2014-8">Amazon could start testing its delivery drones in India as soon as October.</a> The drones would enable same-day delivery and could fulfill shipments within 30 minutes.</li>
<li><a href="http://www.businessinsider.com/hp-reports-earnings-2014-8">HP reported a nice beat on revenue with profits in line during its earnings call.</a> It hit $27.6 billion in revenue and an EPS of $0.89.</li>
<li><a href="http://www.medianama.com/2014/08/223-thomson-reuters-well-take-your-articles-if-you-dont-tell-us-not-to/">Thomson Reuters has an aggressive growth plan: it wants to help itself to other sites' content without explicit permission.</a> It sent a warning email to publishers asking them to either grant permission or deny the use of their articles on Reuters within 14 days. Otherwise, Reuters will "presume that consent has been given" to let it use and distribute their articles however Reuters sees fit.</li>
<li><a href="http://blog.vine.co/post/95288683756/new-vine-camera-shoot-import-edit-and-share-fast">Twitter-owned video app Vine launched a new camera.</a> Videos can now be uploaded from camera rolls and turned into Vines, and Vines can be edited and shared faster.</li>
<li><a href="http://www.businessinsider.com/pro-rata-founders-vcs-and-angels-2014-8">Angel investors say big-name VCs are getting greedy and hogging the best startup deals for themselves.</a> "Really f---ing tired of bigger investors pressuring founders not to let prior investors get pro-rata," one angel tweeted.</li>
<li><a href="http://www.businessinsider.com/angel-investor-pavel-curda-apologizes-for-sexual-messages-2014-8">An investor who allegedly sent an email to a woman in tech stating, "I'm not leaving without having sex with you," has apologized.</a> "I regret sending the messages while I was in Berlin in July, mentioned recently in the press," the investor told Business Insider in an email. "I apologize for them and I am ready to apologize again in person with a big bouquet of flowers."</li>
<li><a href="http://www.nytimes.com/2014/08/21/fashion/at-burning-man-the-tech-elite-one-up-one-another.html?_r=0">The tech elite are getting ready for desert music festival Burning Man, which runs from August 25 - September 1.</a> In the past, Mark Zuckerberg, Larry Page, Sergey Brin, Elon Musk and Jeff Bezos have all attended the 50,000-person event.</li>
<li><a href="http://recode.net/2014/08/20/secret-users-have-started-hosting-secret-dinner-parties-and-they-are-brutal/">Users of anonymous gossip app Secret have started hosting strange, in-person dinner parties through the "Secret Dinner Party Society."</a> Here's what attending one of them is like. </li>
<li><a href="http://fortune.com/tech/chain-launches-as-a-bitcoin-development-platform/">Former RRE investor Adam Ludwin has raised $9.5 million to build the Stripe of Bitcoin, Chain.</a> Chain arose from the ashes of a failed photo startup, Albumatic, that raised $4 million.</li>
<li><a href="http://recode.net/2014/08/20/dropbox-loses-high-profile-design-head-soleio/">Dropbox's head of design, Soleio Cuervo, has left the company.</a> "Today marks my last day as a full-time Dropboxer. I'm transitioning back to serving as a company advisor over the coming month," he wrote on Facebook.</li>
</ol>

10 Things In Tech You Need To Know Today

<keyword id="15214" type="UNKNOWN" weightage="60" keywordseo="teenagers">Teenagers</keyword> are a good measure of what's "cool." Observing which apps they use and how they interact with technology can help the rest of us spot budding trends. 
And lately it seems teens have grown tired of <keyword id="6354576" type="CITY" weightage="60" keywordseo="Facebook">Facebook</keyword>.
Adam Ludwin recently launched a <a href="http://www.businessinsider.com/rre-investor-adam-ludwin-and-devon-gundry-launch-albumatic-2013-2">social photo album app called Albumatic</a>. Before its launch, he showed the app to a focus group of 20+ people under the age of 25. Most told Ludwin they didn't like how reliant the app was on Facebook.
"They gave me the typical teenage response: 'We're bored with Facebook,'" Ludwin told Business Insider. 
His test group doesn't seem to be an outlier. Branch CEO Josh Miller recently asked his 15-year-old sister if she still used Facebook in a blog post titled <a href="https://medium.com/product-design/d8d4f2300cf3">"10th Grade Tech Trends."</a> According to his high school sibling, teens are obsessed with Instagram and Snapchat, but they're less enthralled with Facebook.
"She mentioned that she tries to visit Facebook as infrequently as possible," he wrote. She also told Miller she only visits Facebook after she's thoroughly stalked people on Instagram.
Even Facebook Chat isn't as appealing as it once was. "When you go on Facebook Chat the people you don’t want to talk to are always the ones who immediately chat with you,” his sister said.
Even Facebook has admitted it has a teen problem.
From its <a href="http://investor.fb.com/secfiling.cfm?filingid=1326801-13-3">annual 10-K report: </a>
We believe that some of our users, particularly our younger users, are aware of and actively engaging with other products and services similar to, or as a substitute for, Facebook. For example, we believe that some of our users have reduced their engagement with Facebook in favor of increased engagement with other products and services such as Instagram. In the event that our users increasingly engage with other products and services, we may experience a decline in user engagement and our business could be harmed.
Why isn't <a href="http://www.theverge.com/2013/3/1/4049592/the-age-of-the-brag-is-over-why-facebook-might-be-losing-teens">Facebook "cool" anymore</a>? The Verge's Ellis Hamburger asked a few social media experts for their thoughts.
"I think it has less to do with kids consciously looking for 'the next big thing' than Facebook just no longer being a space that serves them," one said. In other words, it used to be "cool" to brag about yourself and show pictures to friends on Facebook. Now people are looking for more intimate places to share items with a handful of people, like Snapchat. There's a sense of privacy there, and it meets a need Facebook has grown too big to serve.
Of course, this doesn't mean teens are deleting their Facebook profiles. They're just looking to use the service less, and they're open to communicating on other platforms. 
The good news for Facebook is that teens are still rabid Instagram users. So while they may be shifting attention away from the social network, Zuckerberg can still monetize them on mobile devices.
<h3>Now Watch: How To Clear Your Facebook Search History </h3>

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