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Using Crowdfunding to Bring Businesses to Life
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Many people still may not have heard of crowd funding. In summary, it is a way a group of individuals can come together to fund a particular project. Most projects funded are charitable. More at ecommercetimes.com, 4/25/2013: (Article posted on 4/30/2013)
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Using Crowdfunding to Bring Businesses to Life
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Many people still may not have heard of crowd funding. In summary, it is a way a group of individuals can come together to fund a particular project. Most projects funded are charitable. More at ecommercetimes.com, 4/25/2013: (Article posted on 4/30/2013)
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Kickstarter is approaching 40,000 successful projects amid new competition
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Kickstarter, the company that helped coin the word “crowdfunding,” is beginning to experience the backlash that comes with widespread adoption and generalization. With the site bringing in an average of 200 new projects daily, it’s no wonder that the company is beginning to fatigue and in effect require more “working space” in a place such as Brooklyn. More at newsfactor.com, 4/14/13: (Article posted on 4/28/2013)
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VCs Throw Foursquare a Hail Mary Pass
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Foursquare has a user base of 33 million people and plenty of data to go with that, but has yet to find a way to monetize that opportunity in an appropriate business model. Despite a lack of a value proposition, Foursquare has still managed to convince investors to cough up $41 million. With the check-in trend cooling, the success of the company hinges on their efforts to monetize, especially seeing as that the investment money is debt, not equity. More at ecommercetimes.com, 4/13/13: (Article posted on 4/28/2013)
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Entrepreneurs Needn't Worry About Drop in VC Returns
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Despite the 10-year average rate of return for venture capital funds lagging behind public stock markets, entrepreneurs need not worry due to a multitude of other funding sources. Many start-up CEOs are still raising money each year through sources such as angel investors. Further reasoning behind the drop in VC rates of return has to do with the huge amount of capital driven into the market in 2000, which very likely diluted the capital to opportunity ratio. More at newsfactor.com, 4/17/13: (Article posted on 4/28/2013)
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Foursquare gets $41M in private equity
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Foursquare is a location based social check-in app. It has been pivoting into becoming something for local search. In the recent round of funding, it raised $ 41 million. More at techcrunch.com, 4/11/2013: (Article posted on 4/20/2013)
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Second Life Founder Raises $2.4M For New Stealth Startup, High Fidelity
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Philip Rosedale, Second Life founder, has raised $2.4M out of a $3.4M round towards a new startup, High Fidelity. The new venture hasn’t been explicitly described as of yet but involves developing “big ideas.” Some examples stem from the information landscape of the future and developing navigational metaphors for the future of computing. More at tecchcrunch.com, 4/4/13: (Article posted on 4/14/2013)
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Second Life Founder Raises $2.4M For New Stealth Startup, High Fidelity
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Philip Rosedale, Second Life founder, has raised $2.4M out of a $3.4M round towards a new startup, High Fidelity. The new venture hasn’t been explicitly described as of yet but involves developing “big ideas.” Some examples stem from the information landscape of the future and developing navigational metaphors for the future of computing. More at tecchcrunch.com, 4/4/13: (Article posted on 4/14/2013)
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Yelp claims it can quantify the value it provides small businesses
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Yelp will offer a new feature intended to highlight and quantify the value that the listing and review the site provides for small businesses. Business already sees Yelp helping them garner revenue. The company received 100 million visitors in January alone. More at techcrunch.com, 4/3/2013: (Article posted on 4/6/2013)
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4 Design Lessons From Tinder, The White-Hot Dating App
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A mobile app scours geolocations and Facebook friends to suggest potential datables in your sphere. App makers are trying to invent, borrow and steal to manager user expectations. The experience in tinder is quite superficial. More at fastcodesign.com, 3/28/2013:
(Article posted on 4/6/2013)
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