Loïc Le Meur, the charismatic Frenchman who is starting a video conversation startup named Seesmic, spoke with me in the hallway today at Video on the Net (VON) in Boston. Loïc explained why radical transparency in his venture is not a risk, but a competitive advantage. That's why he and his team are posting videos five times a week, showing every detail of the startup and asking for help from the approximately 2,000 people subscribed. They give lots of it. Tres interessant! The waiting list to join Seesmic stands at about 5,000 and I'm right in there, hoping to get a chance to try it out. Loïc is wisely waiting until the alpha program is well tested before opening up to everyone who is eager to join the video conversation. He says in this interview that we will only have to wait another month or two. Photo by Nate Aune. Thanks, Nate!