Pushup Social seamlessly integrates a social network into an existing website in minutes. The unique technology adds a bar to the bottom of the site, which opens or closes the social network with a simple click. With this ability, website owners can now build and engage their community, control messaging, user analytics and advertising revenue, while gaining the increased site optimization that comes with keeping users on their website.
The Immunity Project is a nonprofit initiative using a unique combination of crowdfunding and venture capital, along with a novel machine learning approach in devising an HIV vaccine. Since the official YC announcement and launch of their crowdfunding campaign, they’ve successfully raised an initial goal of $482,000; to fund a final immunization experiments before undergoing Phase I clinical studies.
Some common startup myths have frequently been debunked, like how running your own company will give you freedom (yeah, right!) or how failure leads to future success (it could, but it’s certainly no golden ticket), and how all an entrepreneur needs is passion (who needs the ability to execute when you have passion, right?!).
Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. This last year, we saw a record high of over $1 billion raised with 200 launches and 25 successful exits which yielded $1.11 billion.
These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them.
Every day, 1000’s of new bright-eyed and bushy tailed companies sprout from depths of start-up soil. Some are formed in incubators, and some are the results of a few cocktails and some ink on a napkin. Others come from angry laid-off executives, and even some stem from the optimistic naiveté of college and high school students. Like a song on the radio, we never quite know how some blow up and become chart topping billion-dollar organizations while others – even crowd favorites – simply bang, pop and fizzle; never to be heard from again.