In episode II of Erick Schonfeld’s Founder Stories interview with Dropbox co-founder, Drew Houston, Houston describes how releasing a demo video to Hacker News during Dropbox’s early days catapulted his company into elite company.
→ Read More
It’s a well known fact that people improve foreign language skills when interacting and communicating with other people who speak the same foreign language. Y Combinator-backed Verbling is launching today as a easy to use online conversation exchange for language learners, leveraging in-browser video chat.
The site allows you to sign up and choose the language you want to learn. Since the site doesn’t have a massive userbase just yet, Verbling hosts sessions as specific times daily (12 pm PT and 7 pm PT) where people can show up and chat with each other. Once you join the site during a session time, you are automatically paired with a language speaker who is fluent in the language you wish to learn. The site encourages users to talk to a number of different speakers within each session. → Read More
Most charts I get sent are up and to the right. Not this one.
The chart ReadyForZero sent me (above) goes down and to the right. This is meant to showcase just how much debt the service is helping users eliminate. They’re the blue lines on the bottom. It’s like golf, the lower the better.
All told, ReadyForZero is already helping their users eliminate some $42 million in credit card debt since the beta launch just four months ago. We’ve covered the Y Combinator alum a few times over the past several months for a good reason: it’s a solid and much needed service. And today, investors are putting even more of their money where the credit card debt is disappearing, giving ReadyForZero a fresh $4.5 million Series A. → Read More
Y Combinator has just announced its “Part Time Partner” program, which will bring in former YC alumni to mentor the most recent cohort of startups, like regular partners, but only 1/5 of the time.
Joining the prestigious ranks of Paul Graham, Paul Buchheit, Trevor Blackwell, Jessica Livingston, MIT professor Robert Morris, and Harjeet Taggar are Loopt’s Sam Altman, Posterous’ Garry Tan and Justin.tv founders Emmett Shear and Justin Kan. Altman, Shear and Kan are from the first YC batch in 2005. → Read More
As smartphone adoption rises and technology companies embrace the technology, QR Codes are becoming more of a mainstream product for businesses, products and brands. QR Codes, which is short for Quick Response, are used to take a piece of information from a transitory media and put it in to your cell phone – this can be links, videos, text, photos and more. Today, Y Combinator-backed Paperlinks is launching a new way for businesses to engage consumers with QR codes.
Essentially, Paperlinks creates QR codes for businesses and brands but with a particular focus on the design of the code itself. The actual code can incorporate the logo of a brand or business. → Read More
Consumers are engaging retailers on Facebook and Twitter now more than ever. Whether it is Liking a deal, Tweeting the link to a product, or even participating in a contest, shoppers are mentioning and interacting with these e-commerce sites on a daily basis. The problem with traditional online loyalty programs mirror offline programs, they only focus on rewarding users for simply their purchases. The challenge for retailers is not only how to track online mentions, but also how to meaningfully reward consumers for these mentions. Enter Y Combinator-backed 500Friends, which offers a platform called Loyalty Plus, which allows retailers to reward their customers for social actions.
The SaaS allows retailers to track users Tweeting their purchases, Liking the Facebook page and referring friends. It also allows merchants to reward other actions such as writing product reviews, entering sweepstakes or signing up to newsletters. Each action gives the user points, which can be used towards discounts, or even put towards charity donations. → Read More
San Francisco, CA