Local Quotables: Dorsey, Josic, Brody & More

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The best words about and around the hyperlocal industry.

This week’s top quotes come from Twitter and Summify as they discuss their new partnership in order to increase delivery of instant, relevant news. This week also features Harvard researchers explaining why some ventures succeed, Boyan Josic of Daily Deal Media asserting daily deals growing success,  Leonard Brody of  Clarity Digital discussing Examiner’s new plan to go local on a larger scale, and more.

Boyan Josic, Daily Deal Media, January 19, 2012
Daily Deal Media: “The daily deal market continues to be on fire when it comes to investments and attention. In 2011, the industry rocketed from ‘the next big thing to watch’ to demonstrated success and profitability.”

Blog Team, Summify, January 19, 2012
Mashable:” Our long-term vision at Summify has always been to connect people with the most relevant news for them, in the most time efficient manner. As hundreds of millions of people worldwide are signing up and consuming Twitter, we realized it’s the best platform to execute our vision at a truly global scale.”

Jack Dorsey, Twitter, January 22, 2012
TechCrunch: “Our goal is delivering relevant content to people, instantly. This sounds simple but is in fact extremely complicated to pull off in real-time. We want to bring you closer to what’s happening in the world, and we have a lot of work to do – Summify will help us in that regard.”

Leonard Brody, Clarity Digital, January 23, 2012
NetNewsCheck: “The business was really created to build a large media network surrounded by self-motivated and independent examiners and let them write about the things that they’re passionate about in their communities.”

G. Patton Hughes, Paulding.com, January 25, 2012
Street Fight: “The main thing is that you cannot do hyperlocal — it will not plant and grow — as a top-down corporate development. That’s my absolute opinion.”

Researchers, Harvard, January 21, 2012
Business Insider: “All else equal, a venture-capital-backed entrepreneur who succeeds in a venture (by our definition, starts a company that goes public) has a 30% chance of succeeding in his next venture. By contrast, first-time entrepreneurs have only an 18% chance of succeeding and entrepreneurs who previously failed have a 20% chance of succeeding.”

Adobe Digital Marking Insights, Adobe, January 20, 2012
GigaOm: “Adobe also found that tablet users were three times more likely to buy something than smartphone users and nearly as likely to convert to a purchase as traditional computer users. Tablet users now make up 4 percent of all total web visits to retailers, up from 1 percent a year ago.”

Todd Wasserman, journo, January 25, 2012
Mashable: “Providing a glimpse of how the program [Google Public Alerts] will work, Google offered the hypothetical example of a flood in Indiana. If you searched ‘flood Indiana,’ you’d see a Google Maps page offering links to local flood-related businesses. However, if there were a flood warning, Google would state there was a ‘Flood Warning in Northern Indiana’ and offer a “more info” link, which would lead to a page like this offering more details on the progress of the flood.”