Mr. Startup: Paul Graham, founder of YCombinator, and his "no asshole" rule
After a brief money scare last month, the Texas Emerging Technology Fund has reopened its application process.
The fund is taking submissions from startups seeking funding until Oct. 5, according to a Tuesday newsletter from the Austin Chamber of Commerce.
Local companies received $94.4 million in 17 deals during the three-month period versus $43.8 million in 13 deals during the second quarter of 2009. At the midyear mark, the funding of Austin-based, VC-backed companies increased 82 percent to $160 million compared with $87.9 million during the first six months of last year, Dow Jones reported.
Foursquare http://www.foursquare.com – Winner
Spotify http://www.spotify.com – Will go out of business.
Automattic http://automattic.com/ – Not A Start-up
Posterous http://www.posterous.com – Will go out of business.
Blippy http://www.blippy.com – I like Pud.
SlideShare http://www.slideshare.com – Winner
Tumblr http://www.tumblr.com – Will go out of business.
TweetDeck http://www.tweetdeck.com – Will go out of business.
Square http://squareup.com/ – Will go out of business.
Quora http://www.quora.com – Never heard of. Will go out of business.
CinchCast: http://cinchcast.com/ – Never heard of. Will go out of business.
Sports Blog Nation http://www.sbnation.com – Never heard of. Will go out of business.
Bit.ly http://www.bit.ly – Will go out of business.
my6sense http://www.my6sense.com – Will go out of business.
Thing Labs http://brizzly.com/ – Will go out of business.
Plancast http://www.plancast.com – I like Hendrickson.
Seesmic http://www.seesmic.com – Will go out of business.
Lunch http://www.lunch.com – Will go out of business.
Gowalla http://www.gowalla.com – Will go out of business.
DropBox http://www.dropbox.com – Winner
Lazyfeed http://www.lazyfeed.com – Never heard of. Will go out of business.
Hunch http://www.hunch.com – Never heard of.
Ecademy http://www.ecademy.com – Never heard of. Will go out of business.
Xobni http://www.xobni.com – Will go out of business.
Tweetmeme http://www.tweetmeme.com – Will go out of business.
Feedly http://www.feedly.com – Will go out of business.
Klout http://www.klout.com – Never heard of. Will go out of business.
Justin.tv http://www.justin.tv – – Will go out of business.
Amplify http://www.amplify.com – Never heard of. Will go out of business.
OneRiot http://www.oneriot.com – Never heard of. Will go out of business.
Lijit http://www.lijit.com – Will go out of business.
Echo http://aboutecho.com/ – Winner
MyLikes http://www.mylikes.com – Will go out of business.
Outbrain http://www.outbrain.com – Never heard of. Will go out of business.
DailyBooth http://dailybooth.com/ – Will go out of business.
Gist http://www.gist.com – Will go out of business.
Soluto http://www.soluto.com – Will go out of business.
Tungle http://www.tungle.me – Never heard of. Will go out of business.
Qwotebook http://www.qwotebook.com – I like Drew.
Regator http://www.regator.com – Never heard of. Will go out of business.
Untitled Startup http://www.untitledstartup.com/ – Will go out of business.
Twazzup http://www.twazzup.com/ – Never heard of. Will go out of business.
The Cadmus http://thecadmus.com/ – Never heard of.Will go out of business.
Branchr http://www.branchr.com – Never heard of. Will go out of business.
Graphic.ly http://www.graphic.ly/ – Never heard of. Will go out of business.
BlockChalk http://blockchalk.com/ – Never heard of. Will go out of business.
FitBit http://www.fitbit.com/ – Never heard of. Will go out of business.
RockMelt http://www.rockmelt.com/ – Never heard of. Will go out of business.
Live Intent http://www.liveintent.com/ – Never heard of. Will go out of business.
Fabulis http://www.fabulis.com – Never heard of. Will go out of business.
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One of the big changes I have seen happen on the social web is that different users of these social web services all take whatever they want from the service and use it in a very personal way,” he said. “The Quora teams understands that and that is why they are special.” Cohler said that there are pockets of non-Silicon Valley activity on the service and it was important for him to see that before investing in Quora.
The new reality of the social web (and the Internet) is that both Facebook and (to some extent) Twitter are dominating our online attention, siphoning minutes away from other services. In the process they are making it difficult for other services to capture our imagination and time
In many ways, culture is the one thing that gives you long-term competitive advantage because it's something that is very difficult to copy," Mr. Wolcott says. "When growth becomes too hot to handle, so to speak, then everyone starts focusing on the urgent and sometimes misses the important.