In a statement on its blog today, Bitly has announced that CEO Peter Stern has stepped down as CEO. The reason is that Stern is to “pursue other interests”; further details aren’t known at this time. The NYC-based company has raised $28.5 close to $23 million to date, with the last round being a monster $15 million one by O’Reilly, RRE and Khosla last July. Stern was the… → Read More
In 2011 everyone should know that links are the currency of the web. And Twitter is one of the primary mediums for link exchange. A tweet is 140 characters long, and there is absolutely no dearth of link shortening services to allow you to cram as many links as possible into a tweet. But is that really exchanging value? The basic principle of supply and demand suggests that the more quantity there… → Read More
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Disrupt Europe: Berlin Hackathon
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