Twitter goes Japan. That is the message of today’s announcement of Joi Ito and his Digital Garage VC. Joi invests an undisclosed sum in Twitter to help the microblogging platform to grow in Japan. That should be a perfect match. Congrats Joi, Evan and Biz!
European Founders Fund acquires stake in Facebook
Germany based VC European Founders Fund EFF is said to acquire a stake in Facebook. Run by the three Samwer brothers (sold Alando to ebay, later Jamba to VeriSign) the European Founders Fund normally is known for smaller investments at early stages. Marc Samwer said that EFF’s stake would not match Microsoft’s but they would be the third biggest investor in Facebook after the software company and Hong Kong billionaire Li
The Potrzebie-System of Weights and Measures
Would be computer scientist Donald E. Knuth (later known as the ‘Father of Analysis of Algorithm’), developed a Potrzebie System of Weights and Measures at High School — after a running gag in Mad magazine. The basis of this revolutionary system is that 1 potrzebie is equal to the thickness of the Mad magazine issue #26 or 263348517438173216473 mm. via Jeff
Australian Tesla Coil Enthusiasts
this and much more of that funny stuff via Luke
PETA’s KFC tombstone prank
PETA had placed a tombstone in the Louisville cemetery in which the founder of KFC was buried. It turns out that the gravemarker, which was approved by the cemetery, contained a hidden message: KFC TORTURES BIRDS
amazon.com acquires stake in woot.com
amazon.com is said to have spent 4 million dollars for a small stake in woot.com and the option to buy the company when certain milestones will be matched. What is the rationale behind that idea? Certainly woot.com is a great idea — but what would it cost amazon to copy this business model? 1 developer, 4 weeks, 1 purchaser? Perhaps some analyst will help to explain 😉
User Generated History
Today in a German weekly: The author scoffs at Web 2.0, Internet start-ups in general and these User Generated History sites like miomi, memoloop, xakasha or einestages in particular. In Germany internet entrepreneur bashing is en vogue at most times. Media fancies itself as the wise council having it all known long before. But — think a moment: User Generated History is it. It really makes me cry not having launched one
Media Business Models on the Web
Chris Anderson started a list of Business Models on the Web and Fred Wilson added his thoughts what Dave McClure also did. So far there are 28 different models: — CPM ads (“cost per thousand views”; banner ads online and regular ads in print, TV and radio) — CPC ads (“cost per click”; think Google ads) — CPT ads (“cost per transaction”; you pay only if the customer brought to you from