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Latest Posts
Yipit’s Vacanti: Groupon’s Bubble Has Burst
Has the bubble burst in the daily deals industry? Vinicius Vacanti, co-founder of Yipit, addressed this question while kicking off the second day of the Street Fight Summit in New York today. The Groupon valuation bubble might have burst, but the daily deals industry and the big players in it are alive and well, he said. Businesses are […]
Street Fight Daily: 10.26.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Hyperlocal news sites regard Groupon and other daily deal services with a mixture of love (for flooding their coffers with ad dollars) and dread (for competing with their own deal offerings). Merchants ought to feel the same way, said Gary Cowan, senior vice president of product and marketing for Datasphere. (Forbes)… Foursquare is poised to relaunch Add to Foursquare under the new name Save to Foursquare in the next month. (GigaOm)…
Foursquare GM Cohen: ‘Save’ Button Coming Soon
In a fireside chat with Jeff Jarvis on the first day of the inaugural Street Fight Summit, Foursquare’s Evan Cohen said his company’s laser focus on location and mobile gives it a big advantage over other social companies. He noted that Facebook Places quickly flopped while Foursquare’s numbers kept growing. “We won a very exciting battle, and I feel good about it, but I won’t say we’ve won the war,” Cohen said…
CBS Pairs Traditional and Digital Media to Reach Consumers
On the first day of the inaugural Street Fight Summit, Ezra Kucharz, president of CBS Local Digital Media, said that TV and radio are not going anywhere, but that broadcasting will continue to integrate more with online and mobile. CBS has dramatically reshaped its local online properties to combine content across platforms, resulting in major traffic growth over the past year…
Patch vs. Main Street Connect: How Will Hyperlocal Scale?
Does size really matter in hyperlocal? Publishers debated the point on a panel during the first day of the Street Fight Summit. Patch CEO Warren Webster, naturally, said yes: “2010 was all about scaling up. We do believe that size is important.” Main Street Connect CEO Carll Tucker disagreed, saying that his publication started small and built outward, not wanting to “mass produce and see the wheels fall off.”
Street Fight Daily: 10.25.11
A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...
Hyperlocal task/errand site Zaarly has announced that it raised $14.1 million in financing, and that the company is gaining Meg Whitman as a board member. The site works by letting people post requests for an item or service, and then lets other people, businesses and companies bid to fulfill those needs. (New York Times/Bits)…
Stocks columnist Herb Greenberg looks at Groupon’s numbers, determining that the company is “technically insolvent.” (CNBC)…
Will Data Define Deals 2.0?
Industry data has become a commodity in the young, explosive deals space, with aggregators like Yipit selling reports on industry trends. For the most part, the data is publicly available. Aggregators use bots to scrape hundreds of deals sites, indexing the thousands of deals distributed each day across vertical, geography, and, until recently, number of deals sold…
Streets Ahead: Google Chat, and Instagram Reels