Video: Chirpify Turns Tweets into Transactions

In this episode of Meet the Startup, Chris Teso, founder of the Twitter stream commerce platform Chirpify, talks to us about product evolution and what it is like raising money as a sole founder.

Chirpify turns Tweets into transactions, enabling consumers and businesses to buy, sell, donate and transact in-stream on Twitter. These are social, device agnostic, frictionless, in-stream, one step payments. We do this in real time at scale. By removing all frictions of a traditional payments or e-commerce system, Chirpify transforms Twitter from a broadcast platform into a transactional one. To transact on Twitter Chirpify users need only Tweet simple commands such as “buy”, “pay” and “donate”.

A Tip of the Hat goes to Silicon Florist for pointing us to this story.

Video: When Startups Change Course

In this video, Scott Olson from FounderBuzz interviews Tara Hunt, founder and CEO of Buyosphere. The company recently raised $350k after changing their business model to a shopping Q&A community.

Buyosphere didn’t start out this way. Their business model adapted from a more user and data analytics intensive model that required the users to fill out a tastes profile and where users would have more things automatically suggested for them to purchase based on data analytics. When both users and venture capitalists pushed back on early versions of the site, Tara listened and now has a rapidly growing site that was able to obtain the seed funding to prove their model with their community.

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21 Fundraising Tips for AngelList

Active Angels Ty Danco and Dharmesh Shah have posted 21 funding tips for Startups looking to leverage AngelList:

AngelList may be a game-changer, but most of the same rules are still in place. Angels still look for the same elements in a startup as always: a strong team; meaningful milestones; a differentiated product in a big potential market; capital efficiency and so on. Therefore, the excellent advice listed in OnStartups, Venture Hacks, AVC, Ask the VC, Both Sides of the Table, and the like still applies. What for now is unique to AngelList is the speed and efficiency with which they can harness an all-star network of active investors in front of a breathtakingly large, qualified stream of startups.

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