
In August 2008, Apple approved an application in the App Store called I Am Rich. The app did nothing beyond show a picture of a red gem. So why was it notable? Because it cost $999.99. Though Apple pulled it relatively quickly, there was some concern that we’d start to see a rush of bogus applications and/or huge prices in the App Store. Luckily, that didn’t happen and app prices have remained low (some would say too low). But now we have the return of a $999.99 app.
A lot of readers noticed that we’ve been running advertisements for BigDeal, a website that lets users pay to bid on low priced items. In addition to running the ads, BigDeal also created a special cobranded version of their service at techcrunch.bigdeal.com. That page used our logo (with the permission of our sales team), and we received a percentage of revenue generated from that site.
Last night, 200 entrepeneurs and investors from around Silicon Valley convened for the Founder Showcase, a quarterly startup event for seed stage companies that’s put together by Adeo Ressi’s TheFunded. The winner of the event, as voted on by the attendees is a new startup called MightyMeeting. MightyMeeting allows you to use your smartphone to host a PowerPoint presentation while you’re on the go, and also lets you manage your library of Office and PDF files from your phone.
Santa Barbara,
Calif. - Impact Radius, the
provider of a multi-channel ad platform that encompasses TV, radio, print and
online media, said that it has raised $6 million in financing, led by Redpoint
Ventures. Read the rest of this entry »