Street Fight Daily: Google Buys Wildfire, DNA Info’s Billionaire Boss
A roundup of today’s big stories in hyperlocal content, commerce, and technology.… Google Buys Wildfire: Social/Loyalty Anchor? (Local Onliner)… Inside Billionaire Joe Ricketts Dreams of a Media Empire (Capital New York)… Craigslist Now Wants Your Postings Under ‘Exclusive’ Terms: Padmapper Fallout Continues (TechCrunch)…
Why DNAinfo’s Shuttering Isn’t a Reflection on the Hyperlocal Digital Opportunity
The shuttering of these sites was a failure of a business, not a failure of opportunity. The opportunity is there. A multi-billion dollar opportunity. It just needs the right model and good execution to grasp it.