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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?” Design a product or service that you can sell. Yet it took almost six years to become profitable, with revenue only from advertising.

Platform 118
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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

But we had a great chance to talk about the recent moves that Twitter has made to “plug holes” and changing its “TOS” on advertising. Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Company still in beta. MetaMarkets.

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How Nils Forsblom Is Reinventing Himself In Mobile With TenFarms

socalTECH

Forsblom is now in Los Angeles and San Diego, and reinventing himself with a mobile application company called TenFarms (www.tenfarms.com). PhotoPoll is our first app to push live, and now we're working on our second app, AdTile, which is a mobile advertising solution for applications and mobile software. What happened there?

Mobile 233
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Mindshare LA Brings the Power of “Play” to Santa Monica

Tech Zulu Event

In 2006, Douglas Campbell started Mindshare LA out of the downtown art colony The Brewery. Experts in play will include Thinkwell Group (theme park designers), Daqri (an augmented reality startup), and a group called The Power of Play (created by improv members of The Groundlings ). Tickets can purchased here.

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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

if you get some value out of the notes consider checking out his company or Twitter feed). He then worked in consulting which gave him a broad base of business experience working with the newspaper, cable, and advertising industries. The idea was right but the timing was early and required a pivot into being a software company.

Capital 265
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How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?” Design a product or service that you can sell. Yet it took almost six years to become profitable, with revenue only from advertising.

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Interview with Sean Broihier, Fine Art America

socalTECH

more--or you can go online and use Fine Art America (www.fineartamerica.com), a Santa Monica company which is doing. The company's founder and CEO is Sean Broihier , who told us all about the site--and also how. he's taken an built a company, literally single handedly, to multiple millions in revenue, by enabling artists and.