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Outside Innovation Starts With Inside Innovation

Outside innovation is a systematic process for sourcing, evaluating, and driving ideas through to funding and measuring success but it starts with understanding your internal innovation process. Innovation is an important topic for most companies, it is the essential source …

9 Ways To Disrupt And “Hipmunk” An Industry

hipmunk [hip-muhnk],   1.  verb:  To bring sexiness and simplicity into an existing industry with a fresh approach that delights people.  Example:  The real estate mortgage industry really sucks.  Someone should hipmunk it.  2. noun:  Startup funded by Y Combinator that makes it easier to find flights. 

Doxo Looks to Disrupt Payments Industry, Gets New $10 Million in Funding
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Doxo, a startup looking to overhaul the payments industry, has raised a new $10 million round of funding from new and existing investors like Amazon CEO Jeff Bezos’ Bezos Expeditions.

What Doxo does is enable consumers to securely receive, manage, store and now PAY their bills and other documents from multiple service providers from one place with one password, online. CEO Steve Shivers told WebProNews how he plans to disrupt the payments industry. He gave us four points:

RIM to Improve BlackBerry Contacts with Gist

BlackBerry maker Research in Motion (RIM) announced that it has acquired Gist

Gist provides information about contacts, by creating a business profile for each one that includes recent news, status updates, and work details. It works by pulling contacts from various inboxes, address books, social networks, and other sources, then adding news, status updates, blog posts, etc.

Greplin Reportedly About to Open Up to the Public

We’ve written about Greplin a couple of times – once after the service launched, and again last week, when the company sent users an email with some new updates. If you’re unfamiliar with the service, the best way to describe it is truly personalized search. 

Slacker Preps On-Demand Launch, Raises $3 Million in Funding

Slacker has raised $3 million in debt funding according to a SEC filing. This adds to the growing number of music startups that have gained additional funds in 2011. While Slacker is known more commonly as a rival to Pandora in the coming months, they will be taking MOG, Rdio, Rhapsody, and Thumbplay Music head-on in the subscription music service sector.

8 Signs It’s Time To Turn A Side Project Into A Startup
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The word startup seems to be used too loosely in this day and age. Some people think something built in a weekend or over the course of time on the side is a full fledged startup, when it is often just a side project. Building things is great, more people should do it and do it often. The problem is, most people either take the leap at the wrong time OR they don’t take a leap at all, when the signs are there.

Facebook, Google & Other Tech Giants On Board White House Startup Initiative
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Today, the White House announced the launch of the Startup America Partnership as part of a national strategy to stimulate economic growth and create jobs. The initiative is being chaired by AOL co-founder Steve Case, and will receive funding from the Ewing Marion Kauffman Foundation and the Case Foundation. Carl Schramm, CEO of the Kauffman Foundation, will serve as a founding board member. 

Qwiki Opens Up to the Public
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Qwiki opened up to the public today in alpha form, after being in private alpha since launching in October. 

Qwiki was in the news last week, as it secured a new round of funding led by Facebook co-founder Eduardo Saverin, and now the world can see what all the fuss is about. 

BankSimple Makes Mysterious “Key Hire”
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BankSimple, the startup that’s supposed to disrupt the banking industry, has apparently made an important hire that may or may not have a direct impact on whether that actually happens. 

Reasons Why Delaying Your Product Launch Can Hurt You
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A common feeling for entrepreneurs when building a web application is the fear of failure in launching one that nobody will use. This fear usually causes the entrepreneur to delay launching to add more product features in order to make their product “better” or more impressive.

This feeling usually just persists though. How does one get over this fear? I think there are a few key points to consider:

Foursquare CEO Has Plenty of Advice for Entrepreneurs

Foursquare CEO Dennis Crowley likes to lend advice to entrepreneurs. A quick glance at his Quora activity makes this pretty clear pretty fast. In fact, this is a perfect example of why Quora has been covered in the press so much lately, as a valuable source of content. 

Breeding Good Ideas and Fostering Innovation in Your Company

Innovation is running rampant these days. That’s why we’re seeing so many startups launching and so many acquisitions from bigger companies happening. The good ones come from good ideas, and everybody’s rushing to have the next great idea. But where do these ideas come from? How do they get started?

New York: Where It’s At for Startups?
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It’s an interesting time to launch a startup, which is why you see so many popping up all the time. Word from ad:tech NY is that New York has become the ideal place to start up a startup. "It’s a lot easier and cheaper to start a companies these days," says Linda Gridley, of investment banking firm Gridley & Company. "There’s just a ton of innovation going on."

More “Super Angel” Fun

Update 2: This story is getting more and more interesting. See these reactions from Ron Conway and McClure, as well as this post by Robert Scoble

Facebook Surpasses Google, Bing Had Instant Last Year
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One story that’s capturing a lot of attention today is Facebook surpassing Google in time spent on site in the U.S. Silicon Alley Insider has a chart illustrating as much. 

fbFund No More?

Things have been a little slow on the fbFund front this year. The site hasn’t posed an update since January, and you probably won’t be hearing about new ventures anytime soon.

Inside Facebook reports that fbFund appears to be "mothballed". fbFund is a seed fund and joint venture run by Facebook Founders Fund and Accel Partners. Investment capital for the fund was provided by these entities.

Ad.ly Launches its In-Stream Monetization Platform

Ad.ly announced today that it has launched its in-stream monetization platform for apps and websites. This means that apps or sites that publish streams from any source (like Twitter, Facebook, MySpace, LinkedIn, etc.) can use Ad.ly’s API to serve contextually and locally targeted ads based on streams they are reading and where they’re located. The platform is called Ad.ly for Apps.

Foursquare Gains $20m, New Investor in Andreessen Horowitz

Foursquare has announced that it’s closed a new $20m Series B round of funding with Union Square Ventures, O’Reilly AlphaTech Ventures and new partner, Andreessen Horowitz.

Startups Shouldn’t Necessarily Count on the Twitter Strategy
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Early in the week, Twitter revealed its new "Promoted Tweets" feature, or ad platform (though the company doesn’t like calling it this), and essentially its long awaited business model. The jury is still out on how successful a business model this will be, but it’s already created a huge amount of buzz, and Twitter has grown enormously up until this point without a business model.

Startup Companies At Blog World Expo