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Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

They did it entirely through social networking. Capital to date? $20k Get Angel capital and build a prototype. Many, many thanks to Jim Armstrong of Clearstone who insisted that I needed visit an incubator or two. “I told you so” doesn’t begin to cover it. No wonder they just raised $1mm.

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Venture Conference Highlights SoCal Startups

socalTECH

David Sacks, one of the co-founders of PayPal, pitched Geni.com, an online site focused on both family trees and social networking. The "best of show" prize went to Magnify360, which develops software for optimizing content and web sites for specific users. READ MORE>>

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Interview with Phil Ressler, BigStage Entertainment

socalTECH

We spoke with Phil Ressler--a former venture capitalist from Clearstone Ventures--who is now CEO of BigStage. They want a means of representing themselves that is animated, and changeable, and actively communicates in places like MySpace, Facebook, and other social networks. Venture capital seemed the obvious way to do that.