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Twitter Takes Aim At Ad.ly, Bans In-Stream Ads

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The move does not seem to affect the fortunes of Pasadena-based TweetUp , the new startup headed by Idealab's Bill Gross, as that firm's model does not rely on in-stream ads. However, Twitter's own "Promoted Tweets" feature is direct competition to TweetUp's services.

Idealab 173
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SoCal Firms In X PRIZE Auto Contest

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The prize, which is looking to award $10M to a team which develops a 100 MPG, super fuel-efficient vehicle, said that among the 22 teams which have registered for the prize are Idealab-backed Aptera Motors, based in Carlsbad, and Santa Ana-based Kinetix Motors. The X PRIZE competition will begin in 2009, with winners awarded in 2010.

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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

To say he has had an impact on the web would be an understatement. So he founded IdeaLab with his wife Marcia Goodstein (he talks in the video about working with a spouse and also working with siblings). IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion.