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A mini-tycoon has set up an electronics empire with a turnover of nearly £400,000 a year – but he is a schoolboy of only 16. Gary Cooper employs four people at his web firm GC’s PCs Ltd which he runs in between studying for his A-levels. The young entrepreneur, from Benfleet, Essex, is a pupil [...]
Pay attention. One day this story will be legend. Jen Groover’s purse annoyed her. With stuff laying on top of stuff, nothing could be seen. In a fit of pique, as they say, she yanked the dish rack out of her dishwasher and shoved it in her bag. There was all her stuff, standing [...]
Chinese households will have the third greatest spending power in the world within a decade, leapfrogging their British counterparts. Barclays Wealth and the Economist Intelligence Unit (EIU) ranked China’s total household sector spending power at number seven in 2007. The UK was ranked third. But in a global forecast released today, Barclays and the EIU [...]
Blyk targets 16- to 24-year-olds with its free mobile phone service, which includes 217 texts and 43 minutes every month. In exchange, of course, they get advertising—up to 6 messages sent to their phones each day. Britain’s youth don’t seem to mind, though—Blyk reached that 100,000-member target six months ahead of schedule. Response rates [...]
Company: OpenDNS Funding: $2 million from Cnet (CNET) Founder Halsey Minor Ulevich wants to change the way you call up Web sites. So his company, OpenDNS, has come up with what it considers a faster, smarter, and more secure method for translating requested URLs into corresponding sites. It helps companies guard against phishing schemes [...]
Company: FriendFeed Funding: $5 million in February 2008 from the two co-founders and Benchmark Capital Taylor and Norris left Google (GOOG) last July to start FriendFeed, a startup that’s tackling the thorny issue of helping people organize the growing array of social networks and services they use. FriendFeed lets subscribers pull together on a [...]
Company: RockYou Funding: About $15 million from Sequoia Capital, Partech International, and Lightspeed Venture Partners RockYou co-founder Shen likes to boast about his company’s speed. RockYou makes software that helps Internet users add pizzazz to social network profile pages. Last year the company introduced Superwall, a feature that lets users post video and other content [...]
Company: VideoEgg Funding: About $27 million from August Capital, First Round Capital, Maveron, WPP, and Focus Ventures Co-founder and CEO Sanchez originally launched VideoEgg in 2005 as a Web-based video player capable of playing clips in a variety of formats and embedding them in Web sites. But it has evolved into an ad network [...]
Companies: Mint.com Funding: $17.5 million from Benchmark Capital, Shasta Ventures, First Round Capital, and angels Ram Shriram, Ron Conway and former Intuit (INTU) executive Mark Goines For six months, Patzer holed up alone in a room for 100 hours a week to write the code he hoped would result in a smarter alternative to [...]