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Sellaband Not Quite Dead Yet, Waiting For White Knight’s Signature

Dutch startup Sellaband, which enabled music fans to invest in their favorite bands, last week on Friday requested provisional suspension of payments in their home country. It was promptly granted by an Amsterdam Court, and was this morning changed into full bankruptcy. The news of the bankruptcy led to a flurry of reports about Sellaband [...]

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Tue, February 23 2010 » Uncategorized » No Comments

WordPress.com Outage Takes Us And 10,199,999 Other Blogs Down

As you may have noticed, TechCrunch was down for an extended period of time this afternoon. In case you haven’t read about why yet, it’s because WordPress.com suffered through some 110 minutes of downtime, as WordPress founder Matt Mullenweg has explained just now on the company’s blog.
TechCrunch is one of the millions of blogs hosted [...]

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Thu, February 18 2010 » Uncategorized » No Comments

One Block Off the Grid Raises $5 Million

One Block Off the Grid, a company that helps residents get competitive group pricing for solar panel installation, has raised a $5 million series A round of venture capital from New Enterprise Associates. The company has gotten pretty far without formal venture cash—facilitating more than 600 installations in 2009, most of that in the fourth [...]

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Thu, February 11 2010 » Uncategorized » No Comments

Updated: Flixster Issues $12.5 Million In Shares To News Corp For Rotten Tomatoes

Movie ratings site Flixster raised issued $12.5 million in new shares funding, according to an SEC filing. The last time Flixster raised money was a $5 million Series B in April, 2008. The new round brings the company’s total capital raised to $19.5 million.
Flixster operates both a Web site and a companion [...]

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Mon, February 8 2010 » Uncategorized » No Comments

Davos Interviews: Ning CEO Gina Bianchini Insists Facebook Isn’t A Competitor

Up next in our series of tech interviews at the World Economic Forum in Davos, Switzerland last week: Gina Bianchini, the CEO of social networking service Ning.
Ning has never had the press attention of Facebook and Twitter. But there are 41 million registered users on Ning, and Gina says that 92 million people a month [...]

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Wed, February 3 2010 » Uncategorized » No Comments