About 45 minutes south of Las Vegas on Interstate 15 — past miles of sprawling desert, a few aging casinos, and the Nevada, California border — sits an engineering and technology marvel that is months from offering a very real solution to helping fight climate change. This is Ivanpah, one of the largest solar...
Crowdfunding’s rapid growth and future opportunity David Bratvold Monday, August 6, 2012 Join the Discussion Summary: Crowdfunding — where a crowd of people donates a defined amount of money for a specific cause — has grown from a $33 million market to a $128 million market in the past two years and is expected to...
99designs, the polarizing crowdsourced design marketplace, announced its first acquisition tonight, as the Accel-backed startup scooped up its European rival, 12designer, for an undisclosed amount. In the near-term, 12designer will continue to operate as a stand-alone site. Since raising $35 million from Accel, 99designs has been focused on international growth, said Patrick Llewellyn, the...
Yesterday, Chinese video service Tudou posted its Q2 financial results, and now it is the turn of Youku, its rival and soon to be parent, which revealed quarterly revenues of $61 million — up 96 percent year-on-year — but a net loss of $9.9 million (RMB62.8 million), more than double one year previous: $4.4...
Six months after releasing its well-regarded beta, the Fluent email service is shutting down due to problems with fundraising, runways and scaling. Built by three Australian ex-Googlers, Fluent was hailed by some as a possible Gmail killer when it opened up its beta in February. The predicted showdown will never happen, though, as the startup...