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Another as-long-as-you're-out service is about to launch, but this one has a more karmic motive than competitors.
A former exec from Kozmo.com, a company much celebrated for delivering munchies and movies to customers' homes before it closed down 10 years ago, has built his own delivery service. Unlike Kozmo, this one is profitable.
The San Francisco startup hopes its Express subscription service can change shoppers' behavior by giving them free and fast delivery of groceries and, later, other items.
New crowd commerce models lower prices, get more people working, and level resource use. But will they work in the long term and on a large scale?
It's not a crowdsourced Kozmo. It is a credible challenger to eBay and Craigslist.
The New York City Economic Development Corporation's frenetic burst of projects in support of digital innovation have raised a few eyebrows--and made entrepreneurs excited that they can change the way the city runs.
A not-very-close second-place player to Groupon in the daily deals market, this investment may give LivingSocial some extra momentum in the likely event that Groupon is acquired by Google.
Some popular Web companies may be vulnerable to the economic slowdown. Do they face an ill fate similar to that of the beloved delivery service of the last bubble?
Of course it wasn't just technology stocks that took a dive this week, but industry leaders are doing some serious worrying about what lies ahead.
The venture capitalist and local tech industry leader gave a "history lesson" of the city's industry as his keynote at the Web 2.0 Expo, but it seemed unnaturally idealistic given economic times that keep getting worse.