send a tip: tech@observer.com
This man believes in unicorns. Unicorn bucks.

Stack Overflow, Now Stack Exchange, Raises $12 M.

By Ben Popper | March 9, 2011 | 3:29 pm

The fast growing Q&A network Stack Overflow has decided to take a new name along with its just announced $12 million B round.  From now on its Stack Exchange, a nod to the diverse portfolio of sites that have grown out of the original community of computer... MORE»

Team SpotOn Trivia on the New York Startup Bus.

Bus Hackathon Companies Being Taken Really Seriously

By Adrianne Jeffries | March 9, 2011 | 12:03 pm

The Startup Bus carrying 31 entrepreneurs from New York to Austin for South By Southwest just crossed the border into Alabama on day two of the three-day hackathon. Six companies have been launched and the entrepreneurs are building mobile apps, websites and A.P.I.s as well as working on marketing and... MORE»

Why sell ads when you can pitch products direct?

Former DoubleClick Execs Launch Group Buying Platform For Publishers

By Ben Popper | March 9, 2011 | 9:11 am

The e-commerce giant Groupon has spawned nearly 200 imitators in its short life. Group Commerce, a new venture from a trio of former DoubleClick vets, is looking to capitalize on that market without trying to compete head... MORE»

Helping urban explorers with Celiac's disease since 2011.

Foursquare 3.0 Adds Recommendations and Search

By Adrianne Jeffries | March 8, 2011 | 4:57 pm

Foursquare has logged more than 500 million check-ins from more than seven million users, and that rich trove of data can now power recommendations in real-time. Today Foursquare announced version 3.0 with a new "Explorer" feature, which suggests nearby locations to... MORE»

This was the best we could do under the 3G bus circumstances.

Tour Diary: 48 Hours With 30 Hackers on a Bus

By Adrianne Jeffries | March 8, 2011 | 9:27 am

11:59 p.m. -- The bus pulls into the Hotel Indigo in Atlanta. The hackathon continues in two rooms that have been reserved for overnight hacking but the live blog does not. New York Startup Bus coverage will continue tomorrow. Check out all the companies... MORE»

Entrepreneur Roundtable founder Murat Aktihanoglu

Entrepreneurs Roundtable Jumps Into Accelerator Game

By Ben Popper | March 8, 2011 | 9:01 am

It's going to be crowded summer in the New York start-up world. Entrepreneurs Roundtable, a four-year-old organization that hosts networking and pitch sessions for start-ups and investors, is starting a three-month accelerator program in New York this June, just like DreamIt Ventures and Techstars... MORE»

Can Kik compete with the group text heavyweights?

Union Square and RRE Invest In Messaging App Kik

By Ben Popper | March 7, 2011 | 10:52 am

New York's GroupMe and Fast Society have been getting a lot of attention recently as competition heats up in the group texting market. But two of New York's most prominent venture firms have just chosen an app based in Waterloo, Ontario as their choice in this crowded field.  Union Square Ventures and RRE are participating in an $8 million series A round for Kik, with Fred Wilson of USV and Adam Ludwin of RRE taking board... MORE»

What the internet really needs is more opinions.
Q&A

Opinionaided Show Any Q&A Site Can Raise Money

By Ben Popper | March 7, 2011 | 9:30 am

Question: How can I get someone to give me a million dollars?  Answer: Start a question and answer service.  NY and NJ based Q&A app Opinionaided has just raised $1 million from General Catalyst, SoftBank Capital and Draper Fisher Jurvetson along with angel investors Mark Wachen of DreamIt Ventures and Jonah Goodhart of Point Ventures... MORE»

New York at South By: Let's stick together.

There Is Now a Facebook for New Yorkers at SXSW

By Adrianne Jeffries | March 7, 2011 | 9:11 am

Almost 500 New Yorkers going to the South By Southwest Interactive Festival in Austin this week have signed up on the list at NYXSW.com, a website for all things New York City going on at SXSW. But the list of names was just the start. The team at Simande, which also does the We Are NY Tech project, has put names to faces with this Facebook-esque page that includes photos of most of the New York attendees as well as links to their Twitter... MORE»

Arrested Development and Gordon Lish for $400, Alex: Ken Jennings Rumbles on Reddit

By Dan Duray | March 3, 2011 | 6:52 pm

This far out from the Watson Jeopardy! game, the bar is pretty high for news related the match, but Ken Jennings stepped onto the Conde Nast-owned Reddit today for their "Ask Me Anything" feature and offered an unprecedented amount of frankness and wit in his answers. There are plenty of revelations about his pop culture absorption as well. The Mormon phenom started things early with his username, WatsonsBitch. "Lots of people think it's a Jeopardy reference," he wrote, "but actually I was thinking of that time Watson and I were cellmates in prison, and it kept raping... MORE»

TechStars mentors.

TechStars Doubling Down on NYC

By Adrianne Jeffries | March 3, 2011 | 2:20 pm

David Tisch has been lobbying for a summer TechStars session in New York since the day he signed on as director and realized the inaugural incubator had some of the strongest applicants he's seen. Excited, he proposed a second session to TechStars founder David Cohen. "I was told no," Mr. Tisch said. "David Cohen is much more methodical in his thinking than I... MORE»

Turns out you can go home again.

It Lives! Old Gawker Site Found in Attic with George Foreman Grill, Croquet Set

By Aaron Gell | March 3, 2011 | 1:21 pm

Still missing the old Gawker? With the fun and simple blog-style navigation (just scroll down!) and the prominent bylines and adorable little hit-counters blazing away on the right-hand... MORE»

A term sheet? Hmmm, I think I'll read that later.

Marco Arment Prefers Customers To VCs

By Ben Popper | March 3, 2011 | 9:17 am

In the current climate, it would be easy for Instapaper creator Marco Arment to raise a couple million dollars in order to scale his business.  But Arment isn't interested in chasing user growth like most startups. He would prefer to build something his users care about a lot, enough to actually pay for it... MORE»

Tyler Coates bravely posting to Tumblr.

Tyler Coates, Man Who Tweeted About Being Trapped in an Elevator, Speaks

By Adrianne Jeffries | March 2, 2011 | 6:06 pm

"I AM STUCK IN A FUCKING ELEVATOR," Jumo office manager Tyler Coates wrote on Twitter today at 2:24 p.m., at the beginning of what would become a half hour-long saga. He had stepped into the elevator at 113 Spring--the office Jumo shares with GroupMe and Buzzfeed--on his way back to his desk on the third floor, only to have the elevator stop somewhere between the first and second floor, its buttons no longer responsive. Panicked, he turned to... MORE»

Video Gamer Signs at 1515 Broadway

By Jotham Sederstrom | March 2, 2011 | 4:38 pm

A little bit of Silicon Valley is moving to Manhattan. Electronic Arts, the interactive software and video game company headquartered in Redwood City, Calif., has signed a five-year lease at 1515 Broadway. Covering 7,213 square feet on the 36th floor, the game developer will be neighbors with other high-impact media companies like Nickelodeon, MTV and Paramount Studios, said Steve Durels, executive vice president and director of leasing and real property for SL Green, the building's... MORE»