LivingSocial CEO: Our Business Isn’t ‘Daily Deals,’ It’s Ad Dollars

Tim O'Shaugnessy

“We realized with the asset base that we had that we should be able to do other things and leverage it into new areas,” said Tim O’Shaughnessy at Street Fight Summit on Thursday in New York. “How do we take the hundreds of thousands of merchants that we work with, the tens of millions of customers that we have, this big salesforce, and a technology team and figure out new ways to get customers through the doors of merchants.”

Well-Funded SocialRadar Works on App for Local Social Discovery


In April, Blackboard co-founder Michael Chasen founded a new venture called SocialRadar, planning to build a new app that will provide real-time location-specific information about people nearby. Eight weeks later, Chasen and his team raised nearly $13 million. We asked Chasen about his quick and successful fundraise, how Blackboard informed the founding of SocialRadar, and why the world needs another social discovery app…

With $2.5M in the Bank, Trover Eyes ‘Phase Two’ of Its Photo-Sharing Community

With 130,000 monthly users, Trover’s numbers aren’t enormous, but the community is engaged and growing. And for now that’s just fine for CEO Jason Karas. He spoke with Street Fight recently about the company’s recent fundraise, how to eventually monetize the power of passion, and the strengths of a tiny team…

Survey: 52% of SMBs Still Don’t Have a Website

INFORGRAPHIC - Yodle's First Annual Small Business Sentiment Survey

Yodle has released the findings from its first Small Business Sentiment Survey, which recently asked 306 small business owners nationwide for their perspectives on a variety of topics, and found some interesting results when it comes to SMBs and technology. According to the survey, “many small business owners are still not adopting modern technology and marketing approaches.”

PriceGrabber Acquires Snapette


Mobile shopping app Snapette is getting a new home. The company, which has 1.5 million users, is being acquired by e-commerce platform and shopping site PriceGrabber for an undisclosed sum. For Snapette, it’s a play for scale. The company boasts partnerships with over 200 brands and retailers worldwide, but PriceGrabber puts millions of shoppers in touch with more than 12,000 merchants and sellers, driving more than $1 billion in annual sales…

Do Hipsters Do Hyperlocal?: Bedford + Bowery Editor on Communities and Culture


NYU’s hyperlocal East Village blog is growing up and adding a few new ‘hoods. The Local, which had covered New York’s East Village and the Lower East Side, has become Bedford + Bowery, a site that now also covers the Brooklyn neighborhoods of Williamsburg, Greenpoint, and Bushwick. So what makes these neighborhoods — hipster havens of the highest order — a fertile proving ground for hyperlocal? We spoke with Daniel Maurer, the NYU professor who oversees the venture to talk a bit about how the project has evolved…

Square’s Kimble: There’s ‘More Opportunity Than Obstacle’ in Payments Space

San Francisco-based mobile payments company Square continues to grow at a rapid clip. Chuck Kimble, who heads up the company’s strategic partnerships, will be appearing on a panel next week in San Francisco at Street Fight Summit West, so we took the opportunity to catch up with him recently over email and find out more about how the company is planning to expand beyond its initial mandate mobile payments…

Waze Builds Out Traffic Maps to Add Context in Location

Andy Ellwood, the company’s senior director of business development, will be appearing on a panel at Street Fight Summit West in a couple of weeks in San Francisco to talk about how the future of mapping tech plays into hyperlocal marketing. Street Fight caught up with him recently to talk about how Waze makes money, the vitality of context, and fighting off Google…