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CNET News Video: Stars, social networking shine at TechCrunch50

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CNET News Video: Stars, social networking shine at TechCrunch50

1:35 /

More than 50 companies will officially launch their new products at TechCrunch50 this year in San Francisco. CNET's Kara Tsuboi stops by the first day of the event and finds everyone from actor Ashton Kutcher to developers building online banking platforms for kids.

[ Music ] ^M00:00:04 >> We really wanna give those two or three people in the garage the chance to get on stage in front a thousand people, the biggest investors in the world, the biggest partners, the Google, the Yahoo and maybe land funding and maybe have their dream come true. >> TechCrunch50 has been dubbed the Sundance Film Festival of the tech industry. >> [Inaudible] are like soap mark. >> Ashton Kutcher, actor turned web entrepreneur was there to approve the point. >> It's an interactive pop culture experience. >> Kutcher's behind Blahgirls.com, an entertainment site for teen girls. >> So you actually start the conversation with characters, so imagine watching Friends on TV and after the show you start to talk with Ross and Rachel about the show that you just watched. >> Another site is capitalizing on the popularity of the social networking is hangout.net. >> My space becomes my place. You can create a physical space that's online, do the things that kids like to do, listen to music watch movies. >> If you'd rather have your kid managing his money online instead of hanging out, why not log on to iThryv. >> What kinds of lessons can a kid learn from using the system? >> And we're doing it by saying, Hey, you just did a $20 deposit, why don't you put 10% of that in savings, why don't you put a little bit of that in checking. One of our purposes is to try to solve and cure that epidemic of poor financial literacy in this country. >> TechCrunch50 runs through Wednesday here at the San Francisco Design Center. It's not open to the public, but there is always a very good chance that some of the websites here could go public sometime soon. In San Francisco, I'm Kara Tsuboi, CNET.com. ^M00:01:33 [ Music ]

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