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Startup

Carmelo Anthony Launches Startup Investment Fund

ShutterstockCarmeloAnthonyThe fund is called M7 Tech Partners, a nod to Melo’s number seven New York Knicks jersey, and partners the NBA All-Star with former NBC executive vice president Stuart Goldfarb. From Lora Kolodny‘s Wall Street Journal item:

Along with the announcement about their seed fund formation, M7 Tech Partners revealed that it has made an investment in Hullabalu Inc. The New York startup, founded by Suzanne Xie, creates kids’ story apps for the iPad, according to a press statement.

Other investors in Hullabalu include SV Angel, Gary Vaynerchuk, Gokul Rajaram and Alexis Ohanian, the co-founder of Reddit.

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Mediabistro Course

Children's Picture Book Writing

Children's Picture Book WritingStarting September 15, this part lecture, part workshop course will take you through the process of outlining, writing, editing, and submitting a children's picture book. Taught by a published children's book author, Dashka Slater will teach you how to write in pictures, hook readers and editors with your story, apply the nuts and bolts of marketing, and more. Register now! 

Entrepreneur Explains Why Co-Working Space Didn’t Work for Her

NYTYoureTheBossLogoWe got a kick out of Rebekah Campbell‘s New York Times essay about her recent experiences at a communal office environment.

Campbell is the founder and CEO of recommendations App Posse. After working from a one-bedroom apartment, various coffee shops and her apartment lobby here in New York, the Australian-born entrepreneur evaluated a number of different spaces before settling last summer on a Flatiron district co-working location.

Campbell is candid – but not mean – about the problems she encountered, listing five major friction areas. One of these was the specter of “unhealthy competition:”

There were more than 200 companies operating from our co-working space, and some of the more serious ones used the close community to their advantage. I knew of at least three other startups that were also building location-based shopping recommendation engines, and their team members were always inviting our team members to lunch. I wonder why.

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Harvard Students Hatch Email Recall Tool

PlutoMailSlideWe’ve all been there, on the sender or recipient end. And usually, when someone quickly blasts out a second email subject-lined “John Doe Would Like to Recall the Message…”, it only leads people who previously ignored to stop and take a look at the referenced wreckage.

Per a recent Entrepreneur magazine article, Harvard Law students David Gobaud and Lindsay Lin are aiming to replace this lame rigmarole with a whole new M.O. Their idea is genius:

Ever send an email and immediately regret it? Or realize you’ve misspelled the recipient’s name, and want to correct it? Or just don’t like the idea of a catty remark about a co-worker sitting in a friend’s inbox for all eternity? Is the inherent permanency of email crippling your style?…

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A Different Kind of ‘Snow’ Fall: WSJ Assesses Contently

As depressing as it can sometimes be, in journalism and elsewhere, the old adage – ‘Follow the money’ – still holds true.

ShaneSnowThumbIn this case, we’re talking about $9 million in Series B funding for Contently, a company founded by Shane Snow (pictured), Joe Coleman and Dave Goldberg. Per Wall Street Journal startups, tech and venture capital reporter Lora Kolodny, the company is looking to stake its claim of the ever-expanding realm of Houdini journalism (our term, not hers). From her article:

In typical content marketing, companies ask writers, designers and photographers to employ journalistic skills to create commissioned blog posts, infographics and multimedia stories. The stories help their businesses persuade prospects or customers to follow them online, buzz about their brands, and hopefully buy what they’re selling.

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Greenwald Venture Gets a Name: First Look Media

PMO Headshot Studio_Michele ClementIt doesn’t get much better these media days than a billionaire backer and a Honolulu dateline. NUY prof Jay Rosen posted today that the Glenn Grennwald-Pierre Omidyar (pictured) venture that he is now also a part of will be called First Look Media:

First Look Media is made up of several entities, including a company established to develop new media technology and a separate nonprofit journalism organization. The journalism operation, which will be incorporated as a 501(c)(3), will enjoy editorial independence, and any profits eventually earned by the technology company are committed to support First Look’s mission of independent journalism. The name of First Look Media’s initial digital publication is yet to be announced.

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Serial Entrepreneur Finds Success with YuuZoo

YuuZooLogoIt’s likely you have not heard of YuuZoo, an Australian developer of social network mini-sites for mobile clients. But you have certainly heard of some the firm’s clients.

Here in New York, they include Hearst and NBTV. Down Under, the list encompasses the Asian arm of the NBA and Miss World. Founded by 41-year-old serial entrepreneur Ron Creevey, the company is about to get a “backdoor” listing on the Singapore stock exchange. The Australian‘s Glenda Korporaal spoke with Creevey recently and got this great quote:

“It is exciting to see something that you designed on a blank piece of paper to be traded at a value in excess of $400M.”

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Jay Rosen Gets More Details About Glenn Greenwald Venture

For Glenn Greenwald‘s quickly revealed billionaire backer Pierre Omidyar, it started in Honolulu and continued in Washington D.C.

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In a telephone conversation with NYU prof and journalism seer Jay Rosen, Omidyar explained how his experiences with the website Honolulu Civil Beat led to a failed attempt to buy WaPo and a successful attempt to commit to the next (other) big thing:

Omidyar said that his involvement in Civil Beat whetted his appetite to do something larger in news. “I have always been of the opinion that the right kind of journalism is a critical part of our democracy.” He said he had watched closely over the last 15 years as the business model in journalism collapsed but had not “found a way to engage directly.”

But then when the idea of buying the Washington Post came up he started to think about it more seriously. “It brings together some of my interests in civic engagement and building conversations and of course technology, but in a very creative way.”

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Former LA Times Tech Reporter Bets on Lighthaus

David Sarno is ready to roll up his sleeves. Per a nifty item in Fast Company by Nicole Laporte, he has completed a John S. Knight journalism fellowship at Stanford and is preparing to pitch investors on his startup Lighthaus.

The San Francisco-based enterprise is all about creating high-end interactive touchscreen graphics to go along with online newspaper and magazine stories. For his final Stanford project, Sarno created a $5,000 graphic depicting the intricacies of natural gas fracking. From Laporte’s piece:

Lighthaus has already drummed up interest. The Dallas Morning News is working with Sarno to create its own fracking graphic, and Stanford Medicine magazine has commissioned Lighthaus to create technology to explain the medical condition known as placenta accreta.

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Florida Startup Pitches Tim Armstrong About Hyper-Local

The August 22 post on New Tampa Patch by Skylar Hedstrom is only ten words long. Although it does manage to properly embed a recent video pitch to AOL CEO Tim Armstrong from local startup UNATION, the fact that the “article” contains no additional commentary or quick interview quote from the nearby Tampa firm reinforces just how hyper-challenged the AOL network remains.*

UNATION has been beta testing its own hyper-local product for the past two years. In late October, the company will officially launch its free event listing service. As the the site grows, UNATION hopes to convince users to add premium services and draw in like-minded advertisers.

“Last spring, we were at the AOL offices in New York,” UNATION co-founder and chief strategy officer George Beardsley tells FishbowlNY. “We weren’t ready to show them anything, as we were still in alpha testing at that point. The topic of Patch did not come up.”

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Trigger Media Entrepreneurs Always Hoping for More Cowbell

That’s because at the New York offices of Trigger Media, the accelerator home for event planning hub hostcommittee.com, there is a cowbell. And each time a HostCommittee milestone is reached or exciting venture news needs to be shared, the bell is rung a la Trader Joe’s.

E! Online assistant fashion & trends editor Rose Curiel chatted with HostCommittee co-founders (and NYC roommates) Carli Roth, Yvonne Najor. The site work schedule is pretty insane, with the pair generally involved in multiple nighttime events four out of every five weekdays:

Yvonne: In the morning, I talk to people who are interested in throwing an event with us from birthdays to non-profit fundraisers. In the afternoon, I pair hosts to the right venue…

In the evening, I usually have different groups of hosts over to the office for dinner and drinks. I show them how our platform works and then take them out to one of our events so they can see how it works from beginning to end, which can sometimes include six parties in a single night.

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