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Exploding term sheets are nasty. If you don't know what they are, it's a fairly literal definition. Someone gives you a term sheet to invest in or acquire your company (or some other transaction), but they put an expiration date into the term sheet and if you don't accept by that date, the offer explodes. Investor Y Combinator (recently in the news for taking an investment from Sequoia Capital) posted an advisory tonight that their competitors are using exploding term sheets, and suggesting...
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Meebo, a popular web-based chat service, has announced that it is going to extend its successful advertising platform to include the growing number of partners that are deploying its Community IM product, which launched last year.
Last summer Meebo launched interactive social ads on its main chat portal at meebo.com, presenting users with small icons at the bottom of their chat windows that would display a popup when clicked (users can also share the ads they especially like with their...
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Cloud computing and social networks are two of the more powerful movements in the web 2.0 space. So the potential of social media and the cloud integrating is compelling to say the least. Salesforce.com recently rolled out the Service Cloud, a customer service application that tries to capture the crowdsourced pools of knowledge floating across the internet from sites like Google, Facebook and Amazon, and then uses this information to better equip commercial customer service operations with...
