Social Parking Startup ParkTag Pulls In $680K To Drive Its Tech Into Urban Planning

Originally posted on TechCrunch:

We first came across Berlin-based startup ParkTag pitching their parking space swapping community at Disrupt New York’s Startup Alley, back in 2013.

Today they’re announcing a seed investment of €500,000 ($680,000) from German’s High-Tech Gründerfonds (HTG), a semi governmental VC fund whose investors include the Federal Ministry for Economics and Technology, the KfW Bank group, and six industrial groups: BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler and Carl Zeiss.

In addition to the €500,000 seed, HTG’s investment also includes €1.2 million reserved for a follow on Series A round, which is the fund’s typical investment structure.

The ParkTag iOS and Android apps lets users report when they are about to vacate an on-street parking spot to other users of the app who can then swoop in and bag the space. It lets users either do a specific handover of a parking spot to someone else, such as a colleague, friend or neighbour who they might actively want to help out. But the…

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Online Reputation Startup Traity Raises $4.7M

simonhamer:

There’s still money in reputation start-ups

Originally posted on TechCrunch:

Traity, an alumni of Europe’s Seedcamp and Silicon Valley’s 500 Startups, has big ambitions. It wants to become the standard for online reputation, an opportunity surely missed by eBay’s reluctance to make its reputation scores transportable back in the Dot Com days. Today the Spain, Madrid-based company is announcing a $4.7 million series A round led by Active Venture Partners to help fuel that mission.

Having already amassed 4.5 million users with an early Facebook-led version of the service, Traity’s attempting to solve the problem whereby we are increasingly doing more transactions with strangers online, “but it is not always easy to know whether we can trust them,” says co-founder and CEO Juan Cartagena.

This trend is being led in particular by the rise in so-called collaborative consumption (or sharing economy) startups; marketplaces that have at their heart transacting with strangers. Though, of course, any kind of transaction, such…

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How to save for a pension, if you are under 30 !

How to save for a pension, if you are under 30 !

Simple advice to save easily. Start young and create good habits.

 

How to amass lifetime savings for a pension pot

cup of coffee
  • Cut out one takeaway coffee a week: £11,800
  • Switch mobile phone tariff: £16,100
  • Cut out one packet of cigarettes a week: £31,400
  • Cut out a takeaway: £50,900
  • Take a packed lunch to work: £63,700

Base: 30-year-old, working till 68

Source – Nest

The future of media isn’t about breaking news scoops, it’s about credibility and trust

simonhamer:

Eventually credibility and trust make their way into social media metrics

Originally posted on Gigaom:

As I was nursing my 50th cappuccino in Perugia during the recent journalism conference there, a small bomb blew up in my Twitter feed thanks to a keynote presentation by Felix Salmon, in which the former Reuters blogger said that the journalistic obsession with scoops is a form of masturbation. Needless to say, there were some shocked reactions to this statement, but I think Felix is right -— even if the metaphor he chose is somewhat unappealing.

As he describes in his own post about it, what Salmon said was that “breaking news is the most masturbatory thing journalists do. The reader couldn’t give a flying f*** who broke it.” In other words, the question of who breaks the news about a specific story is largely irrelevant to anyone other than the journalists involved.

This is almost certainly true. In general, regular news consumers want someone to tell…

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Lost In Translation — Don’t Mistake British Reserve For Lack Of Ambition

simonhamer:

Fascinating read about cultural differences in raising capital.

Originally posted on TechCrunch:

Editor’s note:  Robin Klein is a Venture Partner at Index Ventures in London.

This post has been ‘brewing’ in my mind for a number of years now. It’s only taken a shape worthy of publication thanks to Julian Rowe, principal at Horsley Bridge (that Blue Chip investor in the world’s great tech VCs). During a recent meeting, Julian and I were talking about the cultural differences we’d observed between the US and UK, and discovered how much we agreed on. The words that follow are largely Julian’s, the thoughts are ones we share.

It has often been said that Silicon Valley is not a place, rather a state of mind; a state of mind that celebrates ambitious innovation, coupled with a healthy disregard for fear of failure. As Britain’s tech start-up scene has blossomed in recent years, there are signs that something of a Valley mindset has evolved with it…

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Discoverly’s Nifty Tool For Seeing Social Connections Adds Crunchbase, AngelList Data

simonhamer:

Social media tool – nice one

Originally posted on TechCrunch:

discoverly Discoverly , the San Francisco startup that launched last year with the aim of putting people’s social connections “to work” in the enterprise space, has added some useful updates to its flagship social search tool.

Discoverly’s Chrome browser extension, which debuted in January to let you see mutual Facebook connections while looking at someone’s LinkedIn profile and vice versa, has added two new data sources to its mix: Crunchbase and AngelList. The overall idea, Discoverly’s founder and CEO Theodore Summe tells me that the overall idea is to help people easily find connections.

“The idea is to help you find common ground. If you’re registered on these social tools, you have access to this data yourself, but it’s siloed into individual systems,” Summe said. “This lets you take your social data with you as you travel the web… it’s like a Rapportive to go, that travels the web…

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