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News Cellar -
Startup / Entrepreneurship
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Startups to watch
It's getting crowded on the Web 2.0 frontier, but there are still some startups that truly stand out. Business 2.0 Magazine identifies the ones most likely to strike gold in 2007.
www.stumbleupon.com Launched in 2002 by three 20-somethings in a Calgary, Alberta, apartment, StumbleUpon
now has 2 million registered users drawn by its knack for finding
websites that match their interests and those of others with similar
tastes as they "stumble" around the Net.
Co-founder Garrett Camp (shown right), who totes around a mid-'80s
Nikon F3 (yes, with actual film), came up with the idea as he was
working on a master's in software engineering.
Frustrated as he tried to indulge his hobby online - "There wasn't a
good way to find the best photo sites," Camp says - he tapped his own
background in clustering technology. With coding help from Justin
LaFrance and Geoff Smith, he created an early version of StumbleUpon.
Having nailed the photo problem, the team quickly saw how the
technology could click with all sorts of media.
In the same way that it matches users with like-minded websites,
StumbleUpon's technology also pairs online ads with targeted
demographics and interests. Now StumbleUpon is attempting to do the
same for online video and video advertising. In December the startup
launched StumbleVideo, a service that offers the closest thing to
channelsurfing that you'll find on the Web.
Tell us what you think about StumbleUpon's model: Is it the next MySpace?
Funding: $1.5 million (Ron Conway, Mitch Kapor, Josh Kopelman, Brad O'Neill, Ram Shriram)
Headquarters: San Francisco
Employees: 12
Founded: 2001
Business model: Advertising, subscriptions
Bragging rights: Cash flow positive
Next up: New features like content controls and mobile video recommendations
Contact: Partners@stumbleupon.com
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News Cellar -
Biz Models
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SMART Muni app designed over a weekend
James Temple / SFChronicles
Wednesday, October 5, 2011
The city of San Francisco's Information and Communication Technology Plan offers a bold vision for modernizing the government's technology infrastructure. And it will only take five short years.
Dylan Entelis / The Chronicle
Eden Sherry is a member of the team that designed the SMART Muni app over a weekend.
By then, the city will "embrace" things like social networking, cloud computing, crowd sourcing and location-aware apps. In other words, by 2016, the city earnestly hopes to have made use of the greatest technology hits of 2010. Fortunately, we've seen time and again how technology periodically stands stock still to allow governments and grandparents to catch up, so I can't imagine a flaw with the plan. But there are some folks out there who think that maybe this sort of thing can be done on a slightly accelerated timeline. Like, say, a weekend.
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News Cellar -
Biz Models
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Job hunters hire experts to clean up online image
By Stephanie Bagley
Mon Aug 6, 8:33 AM ET
Job hunters perfecting their resumes
for that dream job are being urged to also polish their online
profile -- and clean it up if needs be, with a new breed of
companies emerging to help mold Internet images.
Recruitment experts advise job hunters to Google themselves
before stepping out into the competitive job market to see if a
search pull ups that blog entry written about legalizing
marijuana or drunken party photos with friends.
"The internet brings a new dimension to the application
process. Sometimes it can work to your advantage, and sometimes
to your disadvantage," employment Web site Careerbuilder.com
spokeswoman Jennifer Sullivan told Reuters.
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News Cellar -
VC, Angel and your account
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How Do Investors Make Money? Learning how returns are allocated among the key players could increase your chances for funding. By Asheesh Advani, Entrepreneur.com Updated: 10:42 a.m. PT June 29, 2007 When you're raising money for your startup, it helps to understand how the investors you're pitching will make money for themselves. The formula for paying investors is often not as simple as taking their return on investment and allocating it equally among the key players. For angel funds, venture capital funds and other investment partnerships, there are often complex formulas for how the individuals involved in managing investments make money. You should keep the following formulas in mind when developing your fundraising approach. |
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