I&'m speechless. But Twitter investor George Zachary of Charles River Ventures seems to have the right idea.

&''I&'m not sure what it does, but I just feel really happy,&'' he said.

Domo, a product from Tonchidot that displays people in the same geographic area with similar interests on a user&'s iPhone, announced that it is launching its app today at the Launch conference in San Francisco a4‚¬a4¯ with a bang.

&''If I were going to invest in a company, it would be Domo,&'' said Israeli investor Yossi Vardi. &''If you&'re going to lose your money, at least have some fun.&''

Whether it was a good idea or not, Domo founder Takahito Iguchi killed it.‚ You can check out a full video of the presentation after the jump.

Next Story: Gamification company GreenGoose raises $100k on stage at Launch Conference Previous Story: Chute ensures your phone&'s photos get online

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Tags: friend finding, interest map, location-based service

Companies: Takahito Iguchi, Yossi Vardi

Tags: friend finding, interest map, location-based service

Companies: Takahito Iguchi, Yossi Vardi

Matthew Lynley is VentureBeat's enterprise writer. He graduated from the University of North Carolina, where he studied math and physics, in May 2010. He has reported for Reuters. He currently lives in San Francisco, California. You can reach him at mattl@venturebeat.com (all story pitches should also be sent to tips@venturebeat.com), and on Twitter at @logicalmoron.

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