Word: foundering
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...Cohler told me this morning that he'll be continuing to consult for Facebook. "Facebook doesn't have an advisory board per se. But I'll still be working with [Facebook founder and CEO] Mark Zuckerberg in an ongoing capacity," he said. "I should point out that this is absolutely not an operations role, it'll be more of an advisory role...
...even as Craigslist continues to thrive - it's expected to rake in some $80 million this year - the site's design and user experience have changed little since it began. "There is a stunning lack of innovation in classifieds," says Craig Donato, founder and CEO of Oodle, which doubled the number of monthly visitors to its site over the past year to nearly two million. The San Mateo, Calif., company with 50 employees and some $19 million in venture capital funding recently made headlines for its deal to host classifieds on walmart.com. Once just a search site that scraped listings...
...used furniture ever since. The keys to its success have been the (mostly) free listings and a grassroots, community focus that relies heavily on users flagging inappropriate ads. Although it is now a for-profit business with 25 employees (the dot-org suffix is pure nostalgia), the site's founder, Craig Newmark, still refers to it as a "public service" rather than a profit-driven venture...
Digital Playground, a high-end adult production company based in Van Nuys, California, is launching a new portal that will automatically adjust to the iPhone's browser. The company, which has partnerships with phone networks in 48 countries, according to founder Ali Joone, already takes in about $50 million in revenue annually. Joone says he is editing some videos to include more close-ups to suit the iPhone screen. "In your palm, the iPhone is more cinematic than other devices," Joone says...
...first half of Pineda's story isn't unique - Filipino cover bands are ubiquitous in many Asian cities. It's a phenomenon Manila-based PhilMusic.com founder Jim Ayson attributes to an imbalance in supply and demand. "There are more musicians in the Philippines than there are opportunities," says Ayson, a drummer who knew Pineda in the 1980s. But Pineda's rags-to-riches story is giving new hope to Filipino singers. "A lot of singers here tried to make it in the States and they couldn't," he says. "[Pineda] made...