Category Archives: New Ventures

CAN A $200 BEARD-GROWING KIT MAKE YOU COOL? WE GAVE IT A TRY

Traditionally when you think of a beardsman you think of, like, a biker or an outdoorsman or a lumberjack. But Eric Bandholz, the founder of a men’s-grooming company called Beardbrand is set to change that perception and give professional expert help to urban beardsman. Bandholz’s company is tapping into a growth market where beards have a made a huge comeback over the past few years, and lots of new beardsmen are eager for products to help tend the bush. Between 2009 and 2013, the number of men with face fuzz increased 21%, and men’s grooming products in general are booming: Bandholz is looking to capitalize on the same by offering upscale grooming products which he does via his website, Tumblr, and YouTube channel. Research firm Mintel has estimated the category could hit $3.2 billion in sales by 2016, as compared to $2.2 billion in 2006.Read More>>

New Video-Based Social Network Ocho, Backed By Mark Cuban, Raises $1.65M

Ocho – a new video-based social network tailored specifically for iPhone users has found its undettered investors in Mark Cuban, Bill Lohse, and several others who are betting on the same although there is no shortage of video-snippet sharing services. The investors just helped Ocho raise $1.65 million in seed funding, which will be used to build out the service, and secure partnerships. Ocho allows users to capture eight-second videos. Presented as a news feed, Ocho videos can be ported across devices including Apple TV. Read More>>

A Counterintuitive System for Startup Compensation

Molly Graham, joined as an employee on Facebook when it had 400 employees but a clear compensation system wasn’t in place. This resulted in very little transparency and frustration in the workplace. Hence, Graham decided to set out to change this by going back to the basics with a solid standardized compensation system. Today, as Head of Business Operation at Quip, she believes that there is a simple, transparent system that will work for all startups. Read More>>

Journalism startup Latterly doesn’t care about page views one bit

reading-window-arek-olek-flickr

Journalism startup called Latterly will embark a unique and enterprising business model. Latterly will publish four new elaborate works of narrative journalism with characters, plot, conflict, resolution, and all on its website every month. The startup will charge readers $3 per month or $8 for a three-month subscription. The company will not look to for advertising on its website and will not care about the number of clicks on its website. The idea behind this is to focus more on quality of the startup rather than the quantity. Read More>>

Thync raises 13 million for its brain stimulating electrodes

Thync announced on Oct. 8 that it had raised $13 million from investors to mine the intersection of neuroscience and consumer electronics. The company will began selling a Bluetooth enabled neurosignaling device sometime time next year. The device is a way to overcome our basic limitations as people enabling us to be focused, calm and creative when we need it. Thync is developing it as an alternative to mood-altering drugs such as alcohol or caffeine. Read More>>