Apparently blank check companies, Segway polo, and hanging out in iPhone lines aren't enough for Steve Wozniak these days. The Apple co-founder has now jumped on board as an adviser for a start-up company dubbed Hotswap.

Hotswap is developing a technology that promises to transform ordinarily crappy web video into polished, HD-quality video files.

28 Jul 2007

While Saint Stevie moves on to plan Apple's next "one more thing," his co-founder will be hitting up three former UC Berkeley grad students with what Wozniak terms "ideas that come into my mind."

Woz's partner in the Hotswap funding is Red McCombs, founder of Clear Channel Communications, the media mega-chain that was accused of using its position to influence public opinion on the Iraq War.

A conservative media tycoon, three Berkeley grad students and a quirky Silicon Valley entrepreneur? Bring in Flavor Flav and a case of Bacardi and we'll have ourselves a reality show!