The social shopping community Wishpot recently announced the closing of a $1 million investment round (Series A). The round was led by Monster Venture Partners, along with Italian internet firm H-Farm and angel backer Adrian Hanauer, who had previously invested. Wishpot is a social shopping service that lets you collect and and share information about items you find online and in stores. By creating a common space in which users can browse, recommend products, get advice, and find new items they are interested in, Wishpot seeks to simplify shopping. Wishpot will launch outside the U.S. later in 2008. Wishpot was founded in 2006 in Seattle by veterans of Microsoft. Co-founder and CEO Max Ciccotosto was previously an Italy-based entrepreneur.



how to encourage your staff

     April 14th, 2008

yesterday i visited Lukasz at the spreadshirt / lafraise Office and my first eye-catcher was a nice flat screen hanging on the wall.

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this shows logins / sales etc. to the spreadshirt system and is a great instrument to show your staff that “something is moving” and you all doing a great job.

we do something similar at beschenkmich.de (but far more simple). We use a google analytics chart and our internal admin interface:

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XING is down

     April 4th, 2008

Europes leading business network, XING, is currently not available. No information found on the XING Blog so far but other blogger have noticed the downtime also within the last two hours. Even the Blog is very slow.

if anyone has futher information, please let us know.



the future of “notes”

     March 22nd, 2008



5.000 startup survey - the outcomes

     March 13th, 2008

Ewing Marion Kauffman Foundation released a report about what it takes to start a new business, by surveying nearly 5,000 startup companies that were founded in 2004.

  • Nearly 60 percent of the companies had no employees during their first year in business, while only four percent had more than 10 employees.
  • Thirty seven percent of the companies had no revenue during their first year, though 45 percent experienced a profit.
  • About 80 percent of companies received an equity investment, though only 10 percent took money from outside investors. One third of the companies raised between $10,001 and $100,000.
  • Seventy percent of the companies were owned by men, while whites owned 81 percent of the companies in the survey. White owned businesses had a better chance of survival than businesses owned by Asians, blacks or women.