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Meerkat-screenshot_440 “There is going to be room for a lot of different ideas around this idea of connecting around live in-the-moment video,” said Josh Elman, a partner at Greylock who is joining Meerkat’s board. The investment pits Elman, an ex-Twitter product manager, against his former employer, though he stresses, “I don’t think it’s a zero-sum game.” Meerkat allows you to stream live video from your phone to all of your Twitter followers at once. Press ‘Stream’, and instantly your live video stream shows up in your follower’s Twitter feeds. The funding news came just hours after Twitter officially launched Periscope, a similar live streaming application. Twitter acquired Periscope in January for less than $100 million, according to reports, but the little-known app remained in limited beta as Meerkat took off with members of the media and tech industry. “If Twitter doesn’t like this experiment and want to do their own thing, no problem,” Rubin, Meerkat’s creator, told Mashable three days after the app launched. “We have the team. We have the tech. We will just take this live streaming layer, and put it on top of something else.”]]>