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Hi there. I'm Jason, one of the founders of socialmedian.
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Welcome to the The Startup Life News Network
This News Network is designed to help people track and share news about The Startup Life.


The Startup Life
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1
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A Look Inside a Facebook for the Filthy Rich
1 hour ago

Submitted by Danielpatricio from Google Reader: Recession — and social network glut — be damned! Frank DeRose, managing partner of Ferrata Capital Management, plans to invest at least $1 million into Total Prestige, an invitation-only networking site for one of the world's most underserved internet demographics: the super- and super-duper rich.The 15-year-old organizati (Read More)
Topics: business model, startups
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8
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Why we shouldn’t trust social media startups
1 day ago

Submitted by The Puck from Google Reader: A lot of conversations having been going on since the email announcing that Pownce had been acquired by Six Apart. Of course the real news wasn’t the purchase so much but that the Pownce service was going to be shutdown in two weeks. As irritating as it might seem to have services that users invest time in building up get s (Read More)
Topics: startups, founders, Startup Life
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Thomaspower,
3 hours ago
: Except SocialMedian of course the best new service of 2008.
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The Puck,
3 hours ago
:
@thomaspower Well, of course :p. I mean it, actually; you can ask my wife, when SocialMedian launched I said "this is the Digg-killer".
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6
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Huffington Post Deal: $25 Million At $100 Million Valuation
2 days ago

Silicon Alley Insider: Huffington Post raises $25 million from Oak, $10 million more than previously reported. Kara Swisher puts the valuation at just south of $100 million (presumably post-money).This is a lot of money and a good (if not great) valuation. The company is smart to raise this much now, given the collapse of the global economy. The (Read More)
Topics: business model, founders
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13
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The First-Time CEO’s Recession Survival Guide
3 days ago

Submitted by Magitam from Google Reader: Editor’s note: The following guest post is written by Glenn Kelman, the CEO of Redfin, an online real estate broker.  His industry went into recession a year ago, so he’s had a little more time than most startup CEOs to think about how to deal with the current downturn. Below is his advice to his fellow entrepreneurs.Startu (Read More)
Topics: survival, startups
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Jasongoldberg,
1 day ago
: Solid article from Kelman, a solid guy.
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1
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SnapAds: Survival Of The Fittest Meets Madison Avenue
Nov 25, 2008

Submitted by Magitam from Google Reader: It’s rare to hear about genetics and advertising platforms in the same sentence, but new startup SnapAds has put together an impressive ad service that effectively combines the theory of natural selection with banner ads - with very impressive results. The startup, which shares a number of founders with Weebly (though the (Read More)
Topics: founders, survival
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Virtual Goods Site PlaySpan Raises $16.7 Million Series B
Nov 25, 2008

Silicon Alley Insider: The gray market for virtual goods has grown so large China has moved to tax the trade, but Valley-based startup Playspan wants to take it above ground. The company says it's raised $16.7 million dollars in a Series B round from investors including Easton Capital Group, Menlo Ventures, Novel TMT Ventures, and STIC to make it (Read More)
Topics: Startup Life
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The State Of Venture: The Ugly, The Bad And The Good
Nov 24, 2008

Submitted by Jny2cornell from Google Reader: There is one topic on the minds of all entrepreneurs right now: the impact of the economy on their startups. The economy is the centerpiece of every networking event and panel, and it even consumed the Q&A session after my speech at VANJ last week on how to raise VC. It’s inescapable. The financial crisis has and will c (Read More)
Topics: founders, startups
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