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	<title>Technically Philly &#187; DreamIt Demo Day Preview</title>
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		<title>DreamIt Demo Day preview (part three)</title>
		<link>http://technicallyphilly.com/2010/07/30/dreamit-demo-day-preview-part-three</link>
		<comments>http://technicallyphilly.com/2010/07/30/dreamit-demo-day-preview-part-three#comments</comments>
		<pubDate>Fri, 30 Jul 2010 23:36:52 +0000</pubDate>
		<dc:creator>Sean Blanda</dc:creator>
				<category><![CDATA[Features]]></category>
		<category><![CDATA[AppNowGo]]></category>
		<category><![CDATA[DreamIt]]></category>
		<category><![CDATA[DreamIt Demo Day Preview]]></category>
		<category><![CDATA[LearnBat]]></category>
		<category><![CDATA[Matchlend]]></category>
		<category><![CDATA[MindSnacks]]></category>
		<category><![CDATA[Numote]]></category>
		<category><![CDATA[Pocket Tales]]></category>
		<category><![CDATA[Tembo Studio]]></category>
		<category><![CDATA[Vozeeme]]></category>

		<guid isPermaLink="false">http://technicallyphilly.com/?p=10619</guid>
		<description><![CDATA[Over the past two days, we&#8217;ve previewed five of the fourteen DreamIt companies in detail as a preview to the incubator&#8217;s Demo Day event on August 11th. There are nine other companies that didn&#8217;t wish to demo products to Technically Philly, but we still dug up some basic facts to prepare you for their launch. Thanks [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="dreamit" src="http://technicallyphilly.com/wp-content/uploads/2010/06/Screen-shot-2010-06-16-at-3.02.28-PM.png" alt="" width="260" height="90" />Over the past two days, we&#8217;ve previewed five of the fourteen DreamIt companies in detail as a preview to the incubator&#8217;s Demo Day event on August 11th.</p>
<p>There are nine other companies that didn&#8217;t wish to demo products to Technically Philly, but we still dug up some basic facts to prepare you for their launch.</p>
<p>Thanks to <a href="http://startl.org/partners/dreamit-ventures/">DreamIt&#8217;s partnership with Startl</a>, the remaining companies are a diverse blend of education tools and web applications worthy of a look.</p>
<p><span id="more-10619"></span></p>
<div style="margin: 5px; padding: 10px; float: right; width: 155px; background-color: #cccccc;">
<p><em>Demo Day previews:</em></p>
<p><strong>Part One : </strong><a href="http://technicallyphilly.com/2010/07/28/dreamit-ventures-demo-day-preview-part-one">Giveloop, Adapt.ly, Yunno</a></p>
<p><strong>Part Two: </strong><a href="http://technicallyphilly.com/2010/07/29/dreamit-ventures-demo-day-preview-part-two">8tysix, Campus Sponsorship</a></p>
<p><strong>Part Three : </strong><a href="http://technicallyphilly.com/2010/07/30/dreamit-demo-day-preview-part-three">The rest</a></p>
</div>
<p><a href="http://numote.com/about/">NuMote</a> &#8211; NuMote joins in the crowded social television watching space with an iPhone application that allows users to receive television recommendations from friends. How crowded? Well they aren&#8217;t even <a href="http://">the first social television company in Philadelphia</a>.</p>
<p><a href="http://www.appnowgo.com/index.php">AppNowGo</a> &#8211; Run by Lancaster natives Brandon Griggs and Michael Boyle, AppNowGo lives up to its name by offering the easy creation of web applications.</p>
<p><a href="http://www.mindsnacks.com/">MindSnacks</a> &#8211; Founded by Jesse Pickard, Mindsnacks has yet to exit stealth mode.</p>
<p><a href="http://pockettales.com/">Pocket Tales</a> &#8211; Bennan Knotts, Yaw Aning and AmmaAning are behind this social education game to encourage reading among students. The company received significant attention in <a href="http://cbs3.com/video/?id=105505">CBS3&#8242;s profile of Steve Welch and Dreamit</a></p>
<p><a href="http://vozeeme.com/how.aspx">Vozeeme</a> &#8211; Sticking out amongst a slew of education and social media companies, Vozeeme is a marketplace for carriers and shippers.</p>
<p><a href="http://learnbat.com">LearnBat</a> &#8211; LearnBat provides communication tools for tutors and students to facilitate long-distance learning.</p>
<p><a href="http://tembostudio.com/">Tembo Studio</a> &#8211; Tembo is keeping quiet, not indicating what they are working on, but we hear they&#8217;re developing educational games.</p>
<p><a href="http://www.matchlend.com/blog/?p=4">Matchlend</a> &#8211; Being incubated and receiving funding from DreamIt &#8230; is a company focusing on giving funding to businesses.</p>
]]></content:encoded>
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		<title>DreamIt Ventures Demo Day preview (part two)</title>
		<link>http://technicallyphilly.com/2010/07/29/dreamit-ventures-demo-day-preview-part-two</link>
		<comments>http://technicallyphilly.com/2010/07/29/dreamit-ventures-demo-day-preview-part-two#comments</comments>
		<pubDate>Thu, 29 Jul 2010 17:00:04 +0000</pubDate>
		<dc:creator>Sean Blanda</dc:creator>
				<category><![CDATA[Features]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[8tySix]]></category>
		<category><![CDATA[Avand Amiri]]></category>
		<category><![CDATA[Campus Sponsorship]]></category>
		<category><![CDATA[Dan Levin]]></category>
		<category><![CDATA[DreamIt Demo Day Preview]]></category>
		<category><![CDATA[DreamIt Ventures]]></category>
		<category><![CDATA[geolocation]]></category>
		<category><![CDATA[Mayfair]]></category>
		<category><![CDATA[Mo Yehia]]></category>
		<category><![CDATA[Northeast Philadelphia]]></category>
		<category><![CDATA[Rob Falcone]]></category>

		<guid isPermaLink="false">http://technicallyphilly.com/?p=10603</guid>
		<description><![CDATA[Demo Day previews: Part One : Giveloop, Adapt.ly, Yunno Part Two: 8tysix, Campus Sponsorship Part Three : The rest Edited: Corrected Campus Sponsorship details. In part two of our DreamIt Demo Day preview series, we preview two companies that continue a noticeable trend in this year&#8217;s DreamIt class: the reliance on social networks for user acquisition. With the [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right; border: 0px initial initial;" title="dreamit" src="http://technicallyphilly.com/wp-content/uploads/2010/06/Screen-shot-2010-06-16-at-3.02.28-PM.png" alt="" width="260" height="90" /></p>
<div style="margin: 5px; padding: 10px; float: right; width: 155px; background-color: #cccccc;">
<p><em>Demo Day previews:</em></p>
<p><strong>Part One : </strong><a href="http://technicallyphilly.com/2010/07/28/dreamit-ventures-demo-day-preview-part-one">Giveloop, Adapt.ly, Yunno</a></p>
<p><strong>Part Two: </strong><a href="http://technicallyphilly.com/2010/07/29/dreamit-ventures-demo-day-preview-part-two">8tysix, Campus Sponsorship</a></p>
<p><strong>Part Three : </strong><a href="http://technicallyphilly.com/2010/07/30/dreamit-demo-day-preview-part-three">The rest</a></p>
</div>
<p><em><strong>Edited</strong>: Corrected Campus Sponsorship details</em>.</p>
<p>In part two of our DreamIt Demo Day preview series, we preview two companies that continue a noticeable trend in this year&#8217;s DreamIt class: the reliance on social networks for user acquisition.</p>
<p>With the exception of Adapt.ly and Giveloop, all of the companies previewed yesterday lean heavily on Facebook to create a frictionless login service and to help promote user actions to friends and these two companies are no different.</p>
<p>After the jump, read our previews of <a href="http://www.8tysix.com">8tysix</a> and <a href="http://www.campussponsorship.com/">Campus Sponsorship</a> to get you ready for August 11th and see which company told us that its site has &#8220;double rainbow possibility.&#8221;</p>
<p><span id="more-10603"></span></p>
<h2><a href="http://www.campussponsorship.com/">Campus Sponsorship</a></h2>
<p><a href="http://www.campussponsorship.com/"><img class="alignnone size-medium wp-image-10604" title="Screen shot 2010-07-29 at 8.50.34 AM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-8.50.34-AM-420x236.png" alt="" width="420" height="236" /></a></p>
<p><strong>Who</strong>:</p>
<p>Dan Levin &#8211; State College, Pa.<br />
Rob Falcone &#8211; Broomall, Pa.<br />
Nick Yang &#8211; Canada<br />
Sunny Patel &#8211; Mayfair, Northeast Philadelphia<br />
Tony Colantonio &#8211; Conshohocken<br />
Matt Morabito &#8211; Philadelphia<br />
Colleen Foley &#8211; Philadelphia</p>
<p><strong>What:</strong></p>
<p>Founders Rob Falcone and Dan Levin think most companies do a bad job of marketing to college students, often resorting to setting up a table on campus and giving away T-shirts or fliers.</p>
<p>&#8220;You always see students take the flier and then immediately throw it in the trash,&#8221; says Levin.</p>
<p>They also noticed friends in student organizations struggling to raise money. At Penn State, for example, some student groups clean 107,000-seat <a href="http://en.wikipedia.org/wiki/Beaver_Stadium">Beaver Stadium</a> to raise cash.</p>
<p>&#8220;I&#8217;m a Penn Stater,&#8221; says Levin, &#8220;and there&#8217;s no amount of money you could have paid me to do that.&#8221;</p>
<p>To solve both problems, the company has created Campus Sponsorship, a website that rewards college students for engaging with brands by watching a video, answering a quiz or completing some other interaction with an advertisement. When a student logs in, she can create a page for her student group or click to help support an existing one.</p>
<div id="attachment_10605" class="wp-caption alignnone" style="width: 430px"><a href="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-8.55.14-AM.png"><img class="size-medium wp-image-10605" title="Screen shot 2010-07-29 at 8.55.14 AM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-8.55.14-AM-420x230.png" alt="" width="420" height="230" /></a><p class="wp-caption-text">(click to enlarge)</p></div>
<p>After a user chooses a group, they complete an engagement for a brand (i.e. taking a quiz, becoming a fan of a company&#8217;s Facebook profile etc.)</p>
<div id="attachment_10606" class="wp-caption alignnone" style="width: 430px"><a href="http://technicallyphilly.com/wp-content/uploads/2010/07/CS-Screenshot-TechPhilly.001.jpeg"><img class="size-medium wp-image-10606" title="CS Screenshot TechPhilly.001" src="http://technicallyphilly.com/wp-content/uploads/2010/07/CS-Screenshot-TechPhilly.001-420x315.jpg" alt="" width="420" height="315" /></a><p class="wp-caption-text">A sample engagement (click to enlarge)</p></div>
<p>When a student competes an engagement, the brand donates money to the student&#8217;s organization. If a student pushes the promotion to Facebook, they can earn additional cash for their student group.</p>
<p>Campus Sponsorship says students remember and appreciate the brand that donates money to their organization and brands don&#8217;t have to waste any more money on fliers.</p>
<p>The company hopes to open the site to the &#8220;City Six&#8221; universities (Temple, Penn, Drexel, St. Joes, Villanova, La Salle) in the fall and, on Aug. 2nd, the company is hosting a &#8220;cash dash&#8221; where 20 student groups will raise money from noon until midnight.</p>
<p>Oh, and the company promised a &#8220;big surprise&#8221; at Demo Day.</p>
<p><strong>Business Model</strong>: Campus Sponsorship charges on a cost per engagement model and then splits the revenues with the student organization.</p>
<h2><a href="http://www.8tysix.com">8tysix</a></h2>
<p><a href="http://www.8tysix.com"><img class="alignnone size-medium wp-image-10607" title="Screen shot 2010-07-29 at 9.11.20 AM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-9.11.20-AM-420x242.png" alt="" width="420" height="242" /></a></p>
<p><strong>Who</strong>:</p>
<p>Mo Yehia &#8211; Business Development, Chicago<br />
Avand Amiri &#8211; Technologist, Chicago.</p>
<p><strong>What</strong>:</p>
<p>In the company&#8217;s short history, 8tysix has already undergone a re-branding. The company started as Dish86, a &#8220;<a href="http://www.priceline.com/">Priceline</a> for dining&#8221; that had three features: friends were able to post where they wanted to go to dinner and then other friends joined in while restaurants made bids for their business.</p>
<p>Yehia and Amiri decided to simplify the business and drop the restaurant component to create 8tysix, a website that allows users to list all of the things they&#8217;ve been &#8220;dying to do.&#8221; Users can have friends view the to do list and offer to join in. The idea is to provide motivation for all the things people have been putting off &#8212; such as going skydiving, currently 8tysix&#8217;s most popular to do list item.</p>
<p>&#8220;We help friends get together to do things they wouldn&#8217;t do alone,&#8221; says Yehia. &#8220;A friend&#8217;s invite is the biggest indication of whether you&#8217;ll do something.&#8221;</p>
<p>After logging in with Facebook Connect, users are notified of friends already on the site and can then begin assembling their to do list.</p>
<div id="attachment_10609" class="wp-caption alignnone" style="width: 430px"><a href="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-9.22.48-AM1.png"><img class="size-medium wp-image-10609" title="Screen shot 2010-07-29 at 9.22.48 AM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-9.22.48-AM1-420x186.png" alt="" width="420" height="186" /></a><p class="wp-caption-text">(click to enlarge)</p></div>
<p>After posting an item it&#8217;s pushed to Facebook, and friends can join the to do list item and comment.</p>
<div id="attachment_10610" class="wp-caption alignnone" style="width: 430px"><a href="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-9.31.04-AM.png"><img class="size-medium wp-image-10610" title="Screen shot 2010-07-29 at 9.31.04 AM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-29-at-9.31.04-AM-420x234.png" alt="" width="420" height="234" /></a><p class="wp-caption-text">(click to enlarge)</p></div>
<p>The site just launched its beta last week, but 8tysix has a laundry list of features it hopes to add in time for Demo Day and a wider launch. The site will soon be able to connect users with friends of friends and make friend and activity suggestions based on the compatibility of to do lists. The site will also connect two people who have similar list items such as &#8220;see Inception&#8221; and &#8220;see a movie.&#8221;</p>
<p>And 8tysix has already considered the possibility of people finding dates on its site.</p>
<p>&#8220;The site has <a href="http://www.youtube.com/watch?v=OQSNhk5ICTI">double rainbow</a> possibility. Maybe even triple,&#8221; says Yehia.</p>
<p><strong>Business Model</strong>: A mix of affiliate discounts and advertising. The company also envisions an iPhone app and possible partnerships with geolocation services.</p>
]]></content:encoded>
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		<title>DreamIt Ventures Demo Day preview (part one)</title>
		<link>http://technicallyphilly.com/2010/07/28/dreamit-ventures-demo-day-preview-part-one</link>
		<comments>http://technicallyphilly.com/2010/07/28/dreamit-ventures-demo-day-preview-part-one#comments</comments>
		<pubDate>Wed, 28 Jul 2010 18:30:37 +0000</pubDate>
		<dc:creator>Sean Blanda</dc:creator>
				<category><![CDATA[Features]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[DEMO]]></category>
		<category><![CDATA[DreamIt Demo Day Preview]]></category>
		<category><![CDATA[incubation]]></category>
		<category><![CDATA[social entrepreneurship]]></category>

		<guid isPermaLink="false">http://technicallyphilly.com/?p=10587</guid>
		<description><![CDATA[Edit: added beta code for Adapt.ly This year, it&#8217;s different. For the past three summers Dreamit Ventures has incubated early-stage startups at the University City Science Center, giving each startup a small bit of seed capital while providing advice from some of the brightest entrepreneurial minds in the city. Startups like SCVNGR, Seatgeek and Notehall all have [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="dreamit" src="http://technicallyphilly.com/wp-content/uploads/2010/06/Screen-shot-2010-06-16-at-3.02.28-PM.png" alt="" width="260" height="90" /></p>
<p><strong><em>Edit</em></strong><em>: added beta code for Adapt.ly</em></p>
<p>This year, it&#8217;s different.</p>
<p>For the past three summers <a href="http://technicallyphilly.com/tag/dreamit-ventures">Dreamit Ventures</a> has incubated early-stage startups at the University City Science Center, giving each startup a small bit of seed capital while providing advice from some of the brightest entrepreneurial minds in the city.</p>
<p>Startups like <a href="http://www.scvngr.com/">SCVNGR</a>, <a href="http://seetgeek.com">Seatgeek</a> and <a href="http://notehall.com">Notehall</a> all have roots in the incubator.</p>
<p>This year, DreamIt upped the ante by partnering with <a href="http://startl.org/about/">Brooklyn-based Startl</a> to incubate more companies than ever and DreamIt is <a href="http://www.forbes.com/forbes/2010/0809/entrepreneurs-dreamit-economic-development-startup-juice.html">starting to receive national attention</a> as one of the best early stage technology incubators in the country.</p>
<div style="margin: 5px; padding: 10px; float: right; width: 155px; background-color: #cccccc;">
<p><em>Demo Day previews:</em></p>
<p><strong>Part One : </strong><a href="http://technicallyphilly.com/2010/07/28/dreamit-ventures-demo-day-preview-part-one">Giveloop, Adapt.ly, Yunno</a></p>
<p><strong>Part Two: </strong><a href="http://technicallyphilly.com/2010/07/29/dreamit-ventures-demo-day-preview-part-two">8tysix, Campus Sponsorship</a></p>
<p><strong>Part Three : </strong><a href="http://technicallyphilly.com/2010/07/30/dreamit-demo-day-preview-part-three">The rest</a></p>
</div>
<p>&#8220;One barometer [for the city] is DreamIt,&#8221; says Gil Beyda, founder of <span id=":12n"> an early stage technology-focused venture capital firm</span> Genacast Ventures. &#8220;Year after year, I&#8217;ve seen better companies and better entrepreneurs coming out of there.&#8221;</p>
<p>The first two DreamIt seasons culminated in Demo Day, an all-day event where companies show off their wares in the hopes of attracting attention and investment &#8212; see <a href="http://technicallyphilly.com/2009/08/13/dreamit-ventures-demo-day-2009-our-awards">last year&#8217;s coverage</a> &#8212; and that much will stay the same this year when the companies gather on August 11th.</p>
<p>Technically Philly stopped by the incubator last week to get a sneak peak of what some of the companies are working on, and five of 14 were ready to offer a small preview of what they will be presenting.</p>
<p>In the first of three parts, we look at Yunno, Adapt.ly and Give Loop. Tomorrow we will preview two additional companies and on Friday we&#8217;ll round up those who didn&#8217;t demo their product for us.</p>
<p><span id="more-10587"></span></p>
<h2><a href="http://adapt.ly">Adapt.ly</a></h2>
<p><a href="http://adapt.ly"><img title="Screen shot 2010-07-28 at 1.05.57 PM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-28-at-1.05.57-PM-420x215.png" alt="" width="420" height="215" /></a></p>
<p><strong>Who</strong>:</p>
<div id="_mcePaste"><em>Northwestern University undergrads:<br />
</em> Nik Sethi &#8211; Electrical Engineering, Computer Science<br />
Garrett Ullom - Computer Science<br />
Keven Lu &#8211; Industrial Engineering</p>
<div id="_mcePaste">
<div id="_mcePaste">
<p><strong>What</strong>:</p>
<p>According to Nik Sethi, the idea for Adapt.ly is all thanks to an intern.</p>
<p>At one of his old jobs, he watched as an MBA intern was tasked with compiling analytics from the company&#8217;s social media campaigns into a spreadsheet to be presented to staff.</p>
<p>&#8220;She was controlling an important part of business and doing it in a non-intellectual manner,&#8221; says Sethi.</p>
<p>While other advertising channels such as search often have complicated tools to streamline the marketing process, social media marketers have largely been left behind. So Sethi and his co-founders are seeking to bridge the gap with Adapt.ly, a web application that helps businesses manage marketing campaigns across multiple social networking sites.</p>
<p>&#8220;The fragmentation in social networks is enormous while search advertising really only has three [Google, Yahoo and Bing],&#8221; says Sethi.</p>
<p>Currently in private beta, Adapt.ly allows users to create one advertisement and automatically syndicate it to numerous sources including Facebook, LinkedIn and Reddit.</p>
<div class="wp-caption alignnone" style="width: 430px"><a href="http://technicallyphilly.com/wp-content/uploads/2010/07/adaptly2.png"><img title="adaptly2" src="http://technicallyphilly.com/wp-content/uploads/2010/07/adaptly2-420x315.png" alt="" width="420" height="315" /></a><p class="wp-caption-text">The social networks available on Adapt.ly (click to enlarge)</p></div>
<p>Adapt.ly will then aggregate the analytics allowing the user to &#8220;adapt&#8221; campaigns on the fly, removing the need to log in to each social network individually. Using the provided analytics, users can A/B test campaigns across networks and make changes from within Adapt.ly&#8217;s dashboard.</p>
<p>If you&#8217;d like to take Adapt.ly for a spin, use the beta code &#8220;technicallyphilly&#8221; upon registration.</p>
<p><strong>The business model</strong>: Adapt.ly takes a percentage of each ad click.</p>
<h2><a href="http://yunno.com/">Yunno</a></h2>
<p><a href="http://yunno.com/"><img class="alignnone size-medium wp-image-10590" title="Screen shot 2010-07-27 at 11.42.19 PM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-27-at-11.42.19-PM-420x232.png" alt="" width="420" height="232" /></a></p>
<p><strong>Who</strong>:</p>
<p><strong>Eli Gassert </strong>- CEO, Reading, Pa.<br />
<strong> Phil Hartmann</strong> &#8211; CTO, Willow Grove, Pa. via Chicago.<br />
<strong> Andres Garcia</strong> &#8211; Designer, Washington D.C.</p>
<p><strong>What</strong>:</p>
<p>After being rejected from last year&#8217;s DreamIt class, Eli Gassert, Philt Hartmann and Andres Garcia returned in 2010 with a &#8220;social engagement platform&#8221; that facilitates contests for brands looking for another marketing channel.</p>
<div id="attachment_10589" class="wp-caption alignright" style="width: 262px"><img class="size-medium wp-image-10589 " title="Screen shot 2010-07-27 at 11.26.53 PM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-27-at-11.26.53-PM-420x184.png" alt="" width="252" height="110" /><p class="wp-caption-text">A screen shot of the site&#39;s badges</p></div>
<p>&#8220;We want to take that status update and run a contest with it,&#8221; says Gassert who was also behind the <a href="http://technicallyphilly.com/2009/05/05/isnsfw-shortens-urls-for-pervs-actually-makes-work-safer">isNSFW URL shortener</a>.</p>
<p>For example, Chicago Bulls swingman Kyle Korver is using Yunno to <a href="http://yunno.com/Contest/24d11-Show-Kyle-Korver-The-Top-Three-Dishes-He-Has/Enter">ask users to submit their favorite Chicago meal for a chance to win $200</a>.</p>
<p>After entering the contest, Yunno then asks users to become a fan of Korver&#8217;s Facebook page and offers the option to push the contest entry to Facebook while awarding Foursquare-like badges for entering.</p>
<p><strong>The business model</strong>: All of the company&#8217;s current clients are free trials, but the company sees the pricing being based on a cost-per-engagement model. Yunno is currently chasing <a href="http://yunno.com/blog/?p=50">Zappos</a>, <a href="http://yunno.com/blog/?p=44">Urban Outfitters</a> and other clients.</p>
<h2><a href="http://Giveloop.com">Giveloop</a></h2>
<p><a href="http://giveloop.com"><img class="alignnone size-medium wp-image-10597" title="Screen shot 2010-07-28 at 1.04.43 PM" src="http://technicallyphilly.com/wp-content/uploads/2010/07/Screen-shot-2010-07-28-at-1.04.43-PM-420x224.png" alt="" width="420" height="224" /></a></p>
<p><strong>Who</strong>:</p>
<p><strong>Todd Spitz</strong> &#8211; Business. Columbia University student via Connecticut<br />
<strong>Brian Foo</strong> &#8211; Programmer. Columbia student via North Jersey<br />
<strong> </strong></p>
<p><strong>What</strong>:</p>
<p>The guys at Giveloop think the donation process is antiquated, slow and &#8212; worst of all &#8212; lacking accountability.</p>
<p>&#8220;Younger donors demand more transparency when they donate,&#8221; says Spitz.</p>
<p>Giveloop&#8217;s platform allows users to create donation campaigns in seconds, allowing users to donate money to specific aspects of a larger campaign. For example, our friends at politics news site <a href="http://pa2010.com">PA2010</a> <a href="http://giveloop.com/project/pa2010">have already set up a page</a> where users donate to fund specific editorial projects that the site is working on. Each campaign also has a <a href="http://giveloop.com/feed/index/project/poseidon-save-the-fish-fund">donation feed </a>where users can comment on donations.</p>
<p>After an item receives enough donations it is marked as &#8220;completed&#8221; and the company can send proof of completion to donors.</p>
<p><strong>The business model</strong>: Giveloop takes a five percent fee that campaigns can choose to pass on to donors. According to the company, 90 percent of PA2010 users have chosen to absorb the donation fees.</p>
<p><strong><em>Tomorrow</em></strong><em>: Part Two &#8211; Two additional companies.<br />
</em><strong><em>Friday</em></strong><em>: Part Three &#8211; The rest. </em></p>
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