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Zuma Ventures: Creating A New Technology Startup Model

socalTECH

David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). We sat down with David and Allen to learn more about how the company wants to change how startups are created.

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Facebook Competitor Altly Becomes Anybeat

socalTECH

Altly , the startup headed by Dmitry Shapiro which is developing an alternative to Facebook, said Monday that it has renamed the firm to AnyBeat.com. In addition to the new name, AnyBeat outlined a number of principles behind the social network. Shapiro was formerly the founder of Veoh Networks, and head of MySpace Music.

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Altly Reveals Seed Investors

socalTECH

Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site. Shapiro was the former founder of Veoh Networks and head of MySpace Music. READ MORE>>.

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Siemer Ventures Backs Ribbon

socalTECH

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round. Curious to what Siemer has been investing in lately?

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This Week in Venture Capital – Episode 3

Both Sides of the Table

In addition to the P2P deals covered below, on the show we also talked about some of my favorite financing startups ( Wonga in the UK run by Errol Damelin , who is a superstar) and Affordit.com run by serial (and I mean serial!) They have done 3 startups in the customer support space and one that wasn’t. LendingClub.

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2011 May be the Year of the IPO for Social Media

Startup Professionals Musings

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. Draper III, in his new book titled “ The Startup Game.” The market is moving back up, but slowly. Is your spotlight bright enough to start a new wave? Marty Zwilling.