Why TechStars’ Tisch Won’t Buy Your ‘Daily Deal’ Company

Investment interest in daily deal companies has been flat for some time, but the stigma attached to the “daily deal” has turned the classification into a scarlet letter for companies. Some of the negativity around the term is likely a consequence of the irregularities found in Groupon’s accounting. But the underlying shift stems from a simpler strategic shift in industry organization…

DNAinfo Expands — As Does NYC’s Rep as Hyperlocal Incubator

With its expansion, DNAinfo joins a new class of hyperlocal companies — led by tech startups like Foursquare — that were spawned in New York City and now are in the process of scaling their products into other markets. New York (and Manhattan in particular) has become a hotbed of hyperlocal activity in recent years…