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Blogs matter in the Start-up World

We have discussed this multiple times. To build the next “silicon valley”, we need to have different components coming together: lawyers, accountants, risk takers, culture, tech infrastructure, mentors, and investors. Something is missing […] Related posts: You and Meme: Why Memes matter In its original definition, a meme (pronounced meam; rhymes with… Blogs and Purchase […]

The Story and Strategy behind Tokopedia

Tokopedia, the popular Indonesian e-marketplace is one of the most promising start-ups in Asia. In its initial two years, the start-up failed to receive funding from investors. But that didn’t deter William Tanuwijaya and his team. They kept faith in the idea. It was only until February 2009 that Tokopedia received its first funding from […]

Groupon Expansion is Epic

Daily deal powerhouse Groupon announced that it has completed a $950 million round of financing (after its recent rebuff of a Google buyout).  Groupon will reportedly use the funds to invest in technology, provide liquidity for employuees and early investors, and continue to fuel its global expansion.  Groupon's expansion thus far… [[ This is a […]

Google Buying NY Office Building For $1.9 Billion

An odd rumor that circulated in late October has now been confirmed.  Search and advertising giant Google is getting into real estate, signing a contract to buy an extremely large office building in New York City for about $1.9 billion. Google’s already a tenant in the building, but this move isn’t a simple "why rent […]

Valuation in Billions: Facebook 41, Groupon 5, Twitter 4

Facebook, Groupon and Twitter are private companies that have seen their combined value rise 54 percent since June. Why so? It’s a simple demand and supply theory. Investors are racing to gain a piece of these hot properties. The most recent move was Google’s $6 billion offer to acquire Groupon. But the Groupon team resisted […]

Manga Castle Revolutionizes Manga Through Social Gaming

Penn Olson features start-ups. Find out more here. If the U.S has Zynga and Playfish, Singapore has Manga Castle, a manga-styled social game maker. Despite just 1 year into the business, Manga Castle has achieved considerable success with investors and users. With over 15,000 likes on Facebook, Manga Castle’s product has proven to be well liked […]

LinkedIn Adds Former Ask.com CEO to Its Board of Directors

LinkedIn has added Skip Battle, the former CEO of Ask.com and a current board member of Netflix and Expedia.com, to its board of directors. Battle is the first independent director to join LinkedIn. According to Reuters, the 66 year old former executive joined the LinkedIn board several weeks ago, but the addition is only being […]