Today we are announcing the end of 12seconds. Why? As you probably know, everything has a life cycle. 12seconds is in its twilight. After all the new product launches and attempts at a revenue model, fundraising with VCs and late night coding sessions with Jacob hunched over his monitors - it's time to call it. It is time to end 12seconds. From 12seconds.tv ( share this quote ) I have been fans of video startups in the past such as Seesmic Video , Phreadz , Tokbox and 12secconds . These services are either gone, withering, or in limbo (Tokbox being the only exception). I've had the pleasure of meeting Sol one of the founders of 12seconds and he was nothing short of a gentleman, we are sad to see the Santa Cruz based startup close it's doors. It's ironic given just the other night I see a brand new startup called Nimbb offering a free 30 second web webcam recording feature. The Nimbb business model is charging clients $30/month to access th...