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Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group , a boutique corporate law firm specializing in the representation of entrepreneurs. Check out his blog or follow him on Twitter as @ScottEdWalker . We are in the golden age of seed financing. Venture capital funds, seed funds, super angels, angel groups, incubators, and “friends and family” are all playing the seed financing game and investing early in startups in an attempt to land the next Facebook. As a result, the pendulum has swung dramatically in the founders’ favor, and the issuance of convertible notes for seed financing has never been more prolific. Indeed, as a corporate lawyer for 18+ years, I have seen this development first-hand.
Editor’s note: Scott Edward Walker is the founder and CEO of Walker Corporate Law Group , a boutique corporate law firm specializing in the representation of entrepreneurs. Check out his blog or follow him on Twitter as @ScottEdWalker . This post is the third part of a three-part primer on convertible note seed financings. Part 1, entitled “ Everything You Ever Wanted To Know About Convertible Note Seed Financings (But Were Afraid To Ask) ,” addressed the basics. Part 2, entitled “ Convertible Note Seed Financings: Econ 101 for Founders ,” addressed the economics. This part will address certain tricky issues.
"We don't think that a modern messaging system is going to be email," said Mark Zuckerberg, who was widely expected to introduce an email system at Facebook's press conference today. Instead, the Facebook CEO was clear: "It's not email," he said. "It's a messaging system that includes email as a part of it." What does that mean? Zuckerberg explained that unlike email (which has too much "weight and friction" from subject lines, addresses, etc.)
There are a fair amount of third-party iPhone email clients out there, but few ever received the kind of reception that Sparrow for iPhone got a few weeks ago. Sadly, though, unless you have a jailbroken iPhone or use a third-party service like Boxcar , you won’t be able to get push notifications for new emails from Sparrow – but this could soon change. Apple, in its infinite wisdom, decided that Sparrow couldn’t use the same kind of special push mechanism that VoIP apps like Skype use for calls and chats. According to Sparrow, the team could have enabled regular push notifications, but that would have meant storing all of its users email credentials on its own servers.
How long is a link “alive” before people stop caring? Does it matter what kind of content it is, or where you shared it? At bitly we see a lot of links, and while every link is special, we’re learning a few general principles that we can share.
As a graphic designer, it feels great to find my customers so convinced about the power of a logo and what benefits it can earn them.
COVER STORY PODCASTIt was June 26, 4:45 a.m., and Digg founder Kevin Rose was slugging back tea and trying to keep his eyes open as he drove his Volkswagen Golf to Digg's headquarters above the offices of the SF Bay Guardian in Potrero Hill. This was the day Rose would test everything. Two years earlier, Rose had gambled on his idea to change newsgathering, letting the masses "dig up" the most interesting stories on the Web and vote them onto his online "front page" on Digg.com. Rose had given every last piece of himself to the project -- all his time, all his cash, and even his girlfriend, who fought with him after he poured his savings into Digg instead of a downpayment on a house. Today, Digg, Version 3, the one that would go beyond tech news to include politics, gossip, business, and videos, was going live. At 29, Rose was on his way either to a cool $60 million or to total failure.
Gawker Media founder Nick Denton says majority of online comments have become "off topic" and "toxic." Gawker chief: Idea of positive online comments has become a joke Nick Denton speaks at the South by Southwest Interactive festival He said the bigger a site is, the harder it is to curate comment sections One idea? Making certain stories only open to a few select commenters
It used to be that we were all just consumers — or most of us were, anyway. We’d watch TV or read a book or listen to the music on the radio that was selected by others for us. But lately, there’s been an interesting shift in behavior going on, especially as it relates to how we interact with content on the Internet. A growing number of online tools like Tumblr and Pinterest are making it easier for users to create collections of interesting content and to share them with anyone else in the world. The topic came up at South by Southwest this weekend while I was speaking with Ben Huh, he of the Cheezburger empire . For much of its life, Cheezburger and its associated sites have been editorially curated collections of the most popular memes on the Internet.
AUSTIN, Texas — Ben Huh is already over the viral video “Kony 2012.” But it’s not because as the CEO of the Cheezburger Network he’s already moved on to the next meme. It’s that for him the video, while socially relevant, has taken a groundswell of internet attention and pointed it at a single issue, while scores of others go unnoticed. “The thing is that those are not as sexy as, you know, an evil man who is drugging children to kill people ,” Huh told Wired during an interview at the South by Southwest Interactive conference.
Evolution of social media by Elad Gill (graphic courtesy of Elad Gill) Updated: The new hot social thing on the web these days is a Palo Alto, Calif.–based company started by Ben Silbermann , Paul Sciarra and Evan Sharp . (I incorrectly described this group as ex-Facebookers.
A wireframe document for a person profile view A website wireframe , also known as a page schematic or screen blueprint, is a visual guide that represents the skeletal framework of a website . [ 1 ] Wireframes are created by user experience professionals called "interaction designers." The interaction designers, who have broad backgrounds in visual design, information architecture and user research, create wireframes for the purpose of arranging elements to best accomplish a particular purpose.
Steve Rosenbaum is the CEO of Magnify.net , a video Curation and Publishing platform.
You just can’t move for social curation services right now. The biggest noise might be coming from Pinterest , which is growing like a weed — but whether it’s the new-look Delicious , Switzerland’s Paperli , shopping curation site Svpply , image service Mlkshk or another site, the fact is that almost everybody seems to want to help you save and sort and share the things you find on the web right now. With this swirl of activity, then, it’s no surprise to hear that Parisian service Pearltrees — slogan “collect, organize, discover” — has just raised another $6 million of funding, led by local conglomerate Groupe Accueil. The company, which has been running in public since 2009, welcomed the injection of funds as a way to help expand and scale up its system for bookmarking and organizing, which is based around a clustered visual interface. And it needs that scale. Right now Pearltrees is small and has moderate momentum, building up 350,000 users in the past three years.
Last June , Twitter Co-founder Biz Stone announced that he was stepping back from Twitter to again team up with co-founder Evan Williams and early employee Jason Goldman to re-start The Obvious Corporation — an idea incubator — the one that initially helped give life to Twitter. A few months later, The Obvious Corp announced that its first incubation project would be Lift, an app development startup founded by Tony Stubblebine and Jon Crosby. Today, the Obvious team has unveiled its second project : A partnership with New York City-based Branch — the startup-formerly-known-as the group blogging platform RoundTable. The bootstrapped startup was created by developers Josh Miller, Cemre Güngöre, and Hursh Agrawal. Although the details are a bit sketchy, in a “Branch Bulletin” today, Josh Miller described the team’s goal as a “mission to turn the Internet’s monologues into dialogues,” initially building its prototype on top of Twitter.