Word: founders
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...have taken years--and millions--to build in the '90s. Many are communities for sharing links, photos and videos. Others focus on music, travel or online software. One challenge is knowing when to sell. MySpace was sold last year to News Corp. for $580 million, a figure a MySpace founder who no longer had control of the company recently called "one of the largest merger-and-acquisition scandals in U.S. history." MySpace might be worth more than $3 billion today. YouTube gained first-mover advantage with its video-sharing service. But the latest crop of Web 2.0 outfits employs varying...
Zillow's buyers and sellers, on the cusp of a major transaction, would be a gold mine for Yahoo! or Google, either of which could capitalize on the lucrative real estate ad space. Founder and CEO Rich Barton, who made a fortune creating Expedia, concedes that Zillow has had lots of conversations with the big Web players but says he's not selling...
...yelp, on the other hand, founder Jeremy Stoppelman's dog Darwin romps freely around the cubicleless San Francisco office. Like YouTube, Yelp.com was started by two former PayPal whizzes in their 20s. Last month 1.5 million people visited their fledgling site to share information about local businesses in 25 major cities. Volunteer reviewers, or Yelpers, read and write about restaurants, stores and services. Yelp's founders say they were inspired by their frustration in trying to find good doctor recommendations online. Their idea was to improve on existing tools like Citysearch, which Yelp's founders call...
...founder Julie Davidson says that unlike other calendar services, 30 Boxes is focused on younger users. "They have a Facebook account, a MySpace account, a Flickr account," she says, "and they want to incorporate their social media within a calendar." Davidson sees Facebook as her site's primary competitor because they are both after the same youthful audience...
...more diligence. Disclosures now run 20 pages on average, up from one page a decade ago. And though late fees are hardly new, since the mid-'90s they have tripled, to about $30 on average--commonly going as high as $39. "Sure, they send you notification," says Adam Levin, founder of Credit.com a consumer-education website. "But your eyes just glaze over...