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Street Fight Daily: 06.28.11

David Hirschman

Street Fight Daily: 06.28.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

“How can LivingSocial beat a better-funded competitor with more name recognition who has a 22-country head start on them?” asks Sarah Lacy. “Ironically by moving more slowly, throwing around less cash and being smarter with local hires, not pricey consultants and MBAs.” (TechCrunch)…

“You can’t just jump into a crowded local news market with a product that’s about as good as the existing ones,” writes Erik Wemple. “Even marginally better won’t get the job done. It’s got to be so much better that you can eat the lunch of legacy outlets.” (Washington Post)…