Social Networking - Thursday, August 24, 2006
Spark/eDonkey Founders Back At It With OK Cupid
Chris Coyne, Max Krohn, Sam Yagan and Christian Rudder are a quartet of highly educated young guns who previously worked together to found both SparkNotes and TheSpark. Barnes and Noble bought both sites and shut TheSpark down in June of 2004. Yagan gained a degree of infamy for his stint as CEO of eDonkey - a file sharing service that was shut down by law suits.
The four Spark alums have re-grouped and formed free online dating site OKCupid. The ad-driven site is notable because unlike Match.com, eHarmony and others it is free. Also, the company took a page from TheSpark which had a personality measurement service and offers that on OkCupid. The business is boot-strapped and traffic is thriving.
OKCupid Provides Personality Measurement Tools
View - okcupid web site
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Tech:stocker - Some Fourth of July Fireworks With Washington Mutual
Thursday July 3, 2008
Remember everything we said yesterday about investing in "stable staples" of consumers and small and micro caps that are less volatile? Just forget all of it as we discuss Washington Mutual (WM:NYSE), a stock that looks worse than the fools who stepped in the ring Mike Tyson's during his early fights (you can also add Evander Holyfield and his chewed up ear to the comparison). And yet, we couldn't find a better stock to provide a bigger bang after the Fourth of July and beyond. Some people might think that the folks at tech:stocker have already started celebrating the 4th by recommending a stock that has dropped 38 points since its 52 week high to give it approximately an 88% loss in value for that timeframe. Considering most people would never buy a house again if their current one dropped 88% in value, it's no surprise people have been avoiding this stock as if it got 8 miles to the gallon and looked extremely foolish on today's highways. The reality is Washington Mutual (Wamu) is nowhere near as unwanted as a Hummer and should rebound over the next 24 months. The Hummer on the other hand will continue to...
TopTenREVIEWS Raises $6M
Thursday July 3, 2008
Utah's TopTenREVIEWS has raised $6M in a venture round from Highway 12 Ventures and Village Ventures. TopTenREVIEWS said the funding will use the funding to expand its online review site, and increase its workforce. TopTenREVIEWS runs an online product and price comparison shopping web site, under the guise of objective reviews of products ranging from video games to anti-virus software. The startup says it plans to boost its headcount by 100 thanks to the investment. TopTenREVIEWS was founded by Jerry Ropelato who was COO of ContentWatch. He launched the company as a resource for parents and as it took-off he branched off into other items to review. The company makes a living through advertising. View - site...
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