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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

A question that I still hear debated often is whether a new online platform startup growth strategy should focus on user count or profits. Facebook is indeed the largest growth site on the web, with almost three billion user accounts, all free. So let’s take a look.

Platform 118
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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs). Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations. Lustig argued.

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Interview with Sean Broihier, Fine Art America

socalTECH

and photographer is an online web presence and an order fulfillment partner. AS I was working my engineering job, I got obsessed with programming and building a business for the web. building Fine Art America in 2006 as a part time project, and launched the web site in 2007. building a web site for him.

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Inside the Realms of Ruin

TechCrunch LA

“The Ruin stirs, and the Five Realms rumble,” a now-archived web announcement read on Thursday morning. And how are these concerns exacerbated given that these authors’ target audience is too young to buy cryptocurrency on platforms like Coinbase and Gemini? But monetizing fan fiction through online platforms is a trickier matter.

Writing 196
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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Gilt Group is currently the largest private sale web site in US. Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. Greycroft is an early-stage VC.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

We had to buy Oracle database licenses, UNIX servers, a Sun Solaris operating system, web servers, load balancers, EMC storage, disk mirrors for redundancy and had to commit to a year-long hosting agreement at places such as Exodus. Linux (instead of UNIX), Apache (web server software), MySQL (instead of Oracle) and PHP.

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Interview with Clark Benson, Ranker

socalTECH

One of the biggest forces that has emerged in the Internet in recent years has been crowdsourcing, the way the web has empowered users to drive the creation of content and information online. I sold that company, eCRUSH, which operated espin.com, to Hearst at the end of 2006. What's the story behind Ranker?

Startup 195