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FastPay Tops $100M In Funding To Customers

socalTECH

Los Angeles-based FastPay , which provides specialized line of credit to online publishers, e-commerce companies, videogame companies, and other digital media companies, reports this morning that it has placed over $100M in funding to over 100 customers since its launch in 2010. READ MORE>>.

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Interview with Bryan Biniak, Connected Travel

socalTECH

Less than 10 percent of people are taking public transportation, and only about 20 percent of commerce is online. Through this insurance journey, and using behavior-based insurance, we opened up this world around commerce. We're applying that same platform and are now using it for information, commerce, and advertising in vehicles.

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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

Burstly, a Santa Monica based company, provides an open and free ad management platform that helps mobile application developers better monetize their inventory. Mobile traffic consumption is rising dramatically and everybody expects it to become the major commerce platform of the future. I’ll explain in detail below.

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Interview with Hamilton Chan, PaperLinks

socalTECH

This presents an opportunity for people, businesses, and brands who have products in the real world and in retail storefronts, packaging, and advertisements, allowing people to get additional information from what they are already seeing out there. Adoption and awareness of QR codes is good for consumers, and good for advertisers.

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This Week in VC with Dana Settle of Greycroft Partners

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We also talked about the emergence of New York City as the “hot” new area of entrepreneurship, VC and innovation driven by the quantification of the online advertising industry. Competes with HauteLook , RueLaLa (sub of GSI Commerce) , Billion Dollar Babes , ideeli , Glam List. Note that these are “gross” revenue numbers.

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App is Crap (why Apple is bad for your health)

Both Sides of the Table

They were going to bring the Internet to your mobile phones ushering in the era of “m-commerce.&# Gag. And being gateways to the customer they naturally extracted their pound of flesh from mobile application developers. So Apple has encouraged application developers to set loose building apps. Or would it?

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