|Sabeer Bhatia sold Hotmail to Microsoft in 1997 for around $400 million. After selling Hotmail, Sabeer tried new ventures but none of them were very successful.
Now Sabeer has decided to challenge the cash cow (Microsoft Office) of the same company that made him a millionaire.
Today he has launched Office Live Documents – an online+offline Office suite of programs similar to Word, Excel and PowerPoint.
Like Zoho Office and Google Docs, Live Documents lets you create, edit and share Office documents in the web browser.
All your edits are automatically synchronized with all other copies of the documents.
And if you own a copy of Microsoft Office, you can download a Live Documents toolbar that makes it easy to upload documents from your Office programs to the Live Documents cloud (very similar to Office Live Workspace).
Live Documents is done in Flex so should work on any system that has the Flash plug-in. Overall, Live Docs sounds like a good concept but they are definitely up against some heavyweights notably Google and Microsoft.
Source : Digital Inspiration