Seesmic, What's The Hook?

There has been a ton of buzz today about Loic Le Meur’s new site Seesmic and how he raised $6 million. Apparently the majority of the funding came from Skype founders Niklas Zennstrom and Janus Friis after a dinner conversation. I got on Seesmic a few months back but I haven’t been able to figure out what the main point of it is. It’s a video version of Twitter but personally I don’t have time to flip through a ton of videos in a conversation. That’s why Twitter has been so successful is that the messages are so short.

Seesmic on the other hand is not a micro-blog but is instead just another video platform for posting videos in a conversation. YouTube already offers a similar service via video replies. If you want a really entertaining review of this by Loren Feldman, check out the following video:

As others in the blogosphere have been saying, I just don’t get it. I’m not a big video person though aside from my weekly interviews and as such maybe that’s why I don’t understand what’s going on. With so many video solutions available on the net at this point, what makes this so different?