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Mixtent | Where do you stand in your industry? Color Launches Implicit Proximity-Based Social Network for Smartphones | Liz Gannes | NetworkEffect | AllThingsD. I can hear the haters already: ANOTHER photo-sharing app? ANOTHER social network? Yes. Bill Nguyen, the serial entrepreneur who most recently sold Lala to Apple for around $80 million, is today launching Color, a proximity-based social network with no privacy settings. The effulgent Nguyen has already gotten Sequoia Capital, Bain Capital and Silicon Valley Bank to buy into his next act, raising $41 million in seed and Series A rounds in the eight months since he left Apple last year.

Color launches today on iPhone and Android (BlackBerry and Windows Phone are said to be coming soon). Rather than friending or following each other, Color’s users simply post pictures. Users see pictures posted recently and nearby to their current location, as well as pictures posted by other members they’ve expressed an interest in by looking at, liking or commenting on their content. What’s different about Color is relationships are implicit rather than explicit. Brian Solis on social media ROI. Swivel: Virtual Dressing Room. @memolane Eric Lagier demonstrating his product at the #SMWF.

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