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	<title>Betabeat &#187; Betable</title>
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		<title>Startup News: Etsy Goes Big for Christmas and Bloomberg Giving Away Big Prize to Makers</title>

		<comments>http://betabeat.com/2012/11/etsy-betable-bloomberg-makers-tumblr/#comments</comments>
		<pubDate>Wed, 14 Nov 2012 13:40:05 -0400</pubDate>
					<link>http://betabeat.com/2012/11/etsy-betable-bloomberg-makers-tumblr/</link>
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		<description><![CDATA[<p><div id="attachment_70222" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/11/chad01-desaturated_mg_0795-cropped.jpg"><img class="size-medium wp-image-70222" title="chad01-desaturated_MG_0795.cropped" alt="" src="http://nyobetabeat.files.wordpress.com/2012/11/chad01-desaturated_mg_0795-cropped.jpg?w=300" height="300" width="300" /></a><p class="wp-caption-text">Mr. Dickerson (Photo: Twitter.com)</p></div></p>
<p><strong>Lots Of Tiny Wicker Puppets Sold</strong> Etsy CEO Chad Dickerson took to <a href="http://www.etsy.com/blog/news/2012/notes-from-chad-9/">the company's blog</a> to address his craft-obsessed minons and report big new numbers. Etsy recently hit 20 million members across over 200 countries. In the first week of November, they passed the $700 million sales mark and their direct checkout system has now processed over $100 million in transactions. By the end of the year, Etsy projects that it will have sold over 100 million items in the company's history.</p>
<p>The company is also going all out for the holiday season and expects to have its best month yet. It's running a multi-million-dollar online advertising campaign and opening a <a href="http://www.etsy.com/holidayshop">Etsy Holiday Shop</a> in SoHo from November 29th through December 8th. SoHo though? Isn't Greenpoint or Williamsburg more on target with the Etsy brand?</p>
<p><strong>Chu Bets Against Zynga</strong> <a href="http://www.betable.com">Betable</a> has <a href="http://www.betabeat.com/2012/10/startup-news-sandy-art-20x200-boxee-betable-dreamit-ventures-fancy/">already announced</a> partnerships with big game companies and is right on the path to become the Spotify of online gambling and pass its closest rival, Zynga. Ya-Bing Chu, a former VP and GM of Zynga's mobile division, has now joined Betable as the company's new Chief Product Officer. At Zynga, he was responsible for operating Words with Friends and Scramble with Friends. Mr. Chu explains the move in an essay <a href="http://www.blog.betable.com/why-betable/">on Betable's blog</a>, where he says, "I realized that Betable was the only frictionless way to enter the real money market, which is revolutionary."<!--more--></p>
<p><strong>Make It, Don't Break It</strong> Mayor Bloomberg and NYCEDC have opened submissions for their <a href="http://www.nexttopmakers.com/">New York's Next Top Makers</a> challenge. Competitors will have to create a product with commercial potential which includes consumer products, equipment, furniture and lighting, soft goods, packaging, interaction, transportation, DIY (kits) or something else. There are six $5,950 prizes and an $11,000 grand prize up for grabs. The deadline is in three months, so get to brainstorming right away.</p>
<p><strong>Tumblr Goes Native</strong> Tumblr just released an update to its iOS app with a completely redesigned dashboard. The app has gone fully native and now finally runs a lot smoother: it runs faster than before, photos are a lot bigger, and GIFs play automatically when swiped. Better GIF's on your phone people, this is the stuff of the future.</p>
<p><strong>Where's Our Food?</strong> There aren't many differences between the major players of the online food ordering game. But <a href="http://www.grubhub.com">GrubHub</a> has just changed the game a little bit with the beta release of its Track Your Grub feature. Similar to Domino's Pizza Tracker, Track Your Grub lets you know what the status of your order is during every step of the way. You'll get texts when your food is expected to arrive and when it leaves the restaurant. In certain areas, you can even watch your food make the trip to your apartment in real time on the maps feature. Seamless just got a little nervous.</p>
<p><strong>Shop Like No One's Watching</strong> <a href="http://www.solesociety.com">Sole Society</a>, the West Coast based site that lets you order shoes direct from the manufacturer, has announced its first celebrity collection with two-time <em>Dancing With The Stars</em> champion Julianne Hough. <a href="https://www.solesociety.com/fashioninsiders/julianne-hough.html#isPage=1">On the site</a>, Hough says, "Every girl needs a sexy leather jacket and a cutout heel." Noted.</p>
<p><strong>Big Data Gets Big Money</strong> The social data platform, <a href="http://www.datasift.com">Datasift</a>, has just secured $15 million in Series B funding. The round was led by Scale Venture Partners and Northgate Capital and Daher Capital also contributed. Rory O’Driscoll, the managing director of Scale Venture Partners, said in a press release sent to Betabeat, “Great companies make hard problems simple for the end user, and DataSift has done that with its game-changing visual interface."</p>
<p><strong>Sad Turkey</strong> Daily deals site are a dime a dozen and so <a href="http://www.8coupons.com/">8Coupons</a>, a site that thinks of itself as "Kayak for deals," lets you see all daily deals across the web at one glance. The site's efficiency was proved this week when David Burke at Bloomingdales tried to pawn off its special turkey dinners on <a href="http://www.8coupons.com/discounts/david-burke-at-bloomingdales-new-york-10022">nine different deal sites</a> at the same time. Seems a little desperate to go for nine sites at once.</p>
<p><strong>Poke Your Way To Africa</strong> <a href="http://www.plyfe.me">Plyfe</a>, the game that rewards you for using social media with real prizes like Lady Gaga tickets, is about to go mobile. The site, which raised <a href="http://www.pandodaily.com/2012/03/01/plyfe-raises-1m-to-make-facebook-pages-actually-interesting/">one million dollars in funding last March</a>, has also announced an unexpected new partner--the United Nations. Users can now win opportunities to do development work in Africa. That should lead to some great new submissions for <a href="http://www.gurlgoestoafrica.tumblr.com/">Gurl Goes To Africa</a>.</p>
<p><strong>Bad Guys Still Temporarily Nice</strong> Time Warner Cable, <a href="http://www.betabeat.com/2012/11/time-warner-cable-sandy-free-wifi-charging-stations-downtown/">the unexpected nice guys of Hurricane Sandy</a>, has announced that it will automatically credit many local residential and business customers whose services were impacted. The company says that it will also waive any fees or penalties for equipment, such as set-top boxes and cable modems, which were lost, damaged or destroyed as a result of the storm. In a press release sent to Betabeat, John Quigley, regional VP of operations for Time Warner Cable’s New York City market, said, “By posting credits automatically to customers’ accounts in the hardest-hit parts of our service area, we hope these affected residents and businesses will have one less call to make as they recover from the storm.”</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_70222" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/11/chad01-desaturated_mg_0795-cropped.jpg"><img class="size-medium wp-image-70222" title="chad01-desaturated_MG_0795.cropped" alt="" src="http://nyobetabeat.files.wordpress.com/2012/11/chad01-desaturated_mg_0795-cropped.jpg?w=300" height="300" width="300" /></a><p class="wp-caption-text">Mr. Dickerson (Photo: Twitter.com)</p></div></p>
<p><strong>Lots Of Tiny Wicker Puppets Sold</strong> Etsy CEO Chad Dickerson took to <a href="http://www.etsy.com/blog/news/2012/notes-from-chad-9/">the company's blog</a> to address his craft-obsessed minons and report big new numbers. Etsy recently hit 20 million members across over 200 countries. In the first week of November, they passed the $700 million sales mark and their direct checkout system has now processed over $100 million in transactions. By the end of the year, Etsy projects that it will have sold over 100 million items in the company's history.</p>
<p>The company is also going all out for the holiday season and expects to have its best month yet. It's running a multi-million-dollar online advertising campaign and opening a <a href="http://www.etsy.com/holidayshop">Etsy Holiday Shop</a> in SoHo from November 29th through December 8th. SoHo though? Isn't Greenpoint or Williamsburg more on target with the Etsy brand?</p>
<p><strong>Chu Bets Against Zynga</strong> <a href="http://www.betable.com">Betable</a> has <a href="http://www.betabeat.com/2012/10/startup-news-sandy-art-20x200-boxee-betable-dreamit-ventures-fancy/">already announced</a> partnerships with big game companies and is right on the path to become the Spotify of online gambling and pass its closest rival, Zynga. Ya-Bing Chu, a former VP and GM of Zynga's mobile division, has now joined Betable as the company's new Chief Product Officer. At Zynga, he was responsible for operating Words with Friends and Scramble with Friends. Mr. Chu explains the move in an essay <a href="http://www.blog.betable.com/why-betable/">on Betable's blog</a>, where he says, "I realized that Betable was the only frictionless way to enter the real money market, which is revolutionary."<!--more--></p>
<p><strong>Make It, Don't Break It</strong> Mayor Bloomberg and NYCEDC have opened submissions for their <a href="http://www.nexttopmakers.com/">New York's Next Top Makers</a> challenge. Competitors will have to create a product with commercial potential which includes consumer products, equipment, furniture and lighting, soft goods, packaging, interaction, transportation, DIY (kits) or something else. There are six $5,950 prizes and an $11,000 grand prize up for grabs. The deadline is in three months, so get to brainstorming right away.</p>
<p><strong>Tumblr Goes Native</strong> Tumblr just released an update to its iOS app with a completely redesigned dashboard. The app has gone fully native and now finally runs a lot smoother: it runs faster than before, photos are a lot bigger, and GIFs play automatically when swiped. Better GIF's on your phone people, this is the stuff of the future.</p>
<p><strong>Where's Our Food?</strong> There aren't many differences between the major players of the online food ordering game. But <a href="http://www.grubhub.com">GrubHub</a> has just changed the game a little bit with the beta release of its Track Your Grub feature. Similar to Domino's Pizza Tracker, Track Your Grub lets you know what the status of your order is during every step of the way. You'll get texts when your food is expected to arrive and when it leaves the restaurant. In certain areas, you can even watch your food make the trip to your apartment in real time on the maps feature. Seamless just got a little nervous.</p>
<p><strong>Shop Like No One's Watching</strong> <a href="http://www.solesociety.com">Sole Society</a>, the West Coast based site that lets you order shoes direct from the manufacturer, has announced its first celebrity collection with two-time <em>Dancing With The Stars</em> champion Julianne Hough. <a href="https://www.solesociety.com/fashioninsiders/julianne-hough.html#isPage=1">On the site</a>, Hough says, "Every girl needs a sexy leather jacket and a cutout heel." Noted.</p>
<p><strong>Big Data Gets Big Money</strong> The social data platform, <a href="http://www.datasift.com">Datasift</a>, has just secured $15 million in Series B funding. The round was led by Scale Venture Partners and Northgate Capital and Daher Capital also contributed. Rory O’Driscoll, the managing director of Scale Venture Partners, said in a press release sent to Betabeat, “Great companies make hard problems simple for the end user, and DataSift has done that with its game-changing visual interface."</p>
<p><strong>Sad Turkey</strong> Daily deals site are a dime a dozen and so <a href="http://www.8coupons.com/">8Coupons</a>, a site that thinks of itself as "Kayak for deals," lets you see all daily deals across the web at one glance. The site's efficiency was proved this week when David Burke at Bloomingdales tried to pawn off its special turkey dinners on <a href="http://www.8coupons.com/discounts/david-burke-at-bloomingdales-new-york-10022">nine different deal sites</a> at the same time. Seems a little desperate to go for nine sites at once.</p>
<p><strong>Poke Your Way To Africa</strong> <a href="http://www.plyfe.me">Plyfe</a>, the game that rewards you for using social media with real prizes like Lady Gaga tickets, is about to go mobile. The site, which raised <a href="http://www.pandodaily.com/2012/03/01/plyfe-raises-1m-to-make-facebook-pages-actually-interesting/">one million dollars in funding last March</a>, has also announced an unexpected new partner--the United Nations. Users can now win opportunities to do development work in Africa. That should lead to some great new submissions for <a href="http://www.gurlgoestoafrica.tumblr.com/">Gurl Goes To Africa</a>.</p>
<p><strong>Bad Guys Still Temporarily Nice</strong> Time Warner Cable, <a href="http://www.betabeat.com/2012/11/time-warner-cable-sandy-free-wifi-charging-stations-downtown/">the unexpected nice guys of Hurricane Sandy</a>, has announced that it will automatically credit many local residential and business customers whose services were impacted. The company says that it will also waive any fees or penalties for equipment, such as set-top boxes and cable modems, which were lost, damaged or destroyed as a result of the storm. In a press release sent to Betabeat, John Quigley, regional VP of operations for Time Warner Cable’s New York City market, said, “By posting credits automatically to customers’ accounts in the hardest-hit parts of our service area, we hope these affected residents and businesses will have one less call to make as they recover from the storm.”</p>
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		<title>Startup News: NASA Images of Sandy Sold for Charity and Boxee Comes to a Walmart Near You</title>

		<comments>http://betabeat.com/2012/10/startup-news-sandy-art-20x200-boxee-betable-dreamit-ventures-fancy/#comments</comments>
		<pubDate>Wed, 31 Oct 2012 17:10:59 -0400</pubDate>
					<link>http://betabeat.com/2012/10/startup-news-sandy-art-20x200-boxee-betable-dreamit-ventures-fancy/</link>
			<dc:creator></dc:creator>
				
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		<description><![CDATA[<p><div id="attachment_68533" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/10/339px-kanye_west_swu_music__arts_festival_2011_crop.jpeg"><img class="size-full wp-image-68533" title="339px-Kanye_West_SWU_Music_&amp;_Arts_Festival_2011_(crop)" alt="" src="http://nyobetabeat.files.wordpress.com/2012/10/339px-kanye_west_swu_music__arts_festival_2011_crop.jpeg" height="529" width="300" /></a><p class="wp-caption-text">Fancy's fanciest fan. (Photo: wikipedia.org)</p></div></p>
<p><strong>Ceci N'est Pas Une Sandy</strong> The affordable-art-dealing website <a href="http://www.20x200.com/" target="_blank">20 x 200</a> is now selling a print of <a href="http://20x200-newsletter.s3.amazonaws.com/sandy-3.html" target="_blank">a NASA satellite image of Hurricane Sandy</a>. All proceeds from the sale will go to the Red Cross to help relief efforts. The striking image was taken at 9:02 a.m on Sunday, approximately 10 hours before NYC’s MTA shut transport service down throughout the tristate area. Hang it above your couch of a constant reminder of the grander universe and just how much you appreciate your wifi.</p>
<p><strong>More Money, More Fancy</strong> <a href="http://www.thefancy.com" target="_blank">Fancy</a>, Pinterest's cooler older brother, <a href="http://www.techcrunch.com/2012/10/29/so-no-apple-acquisition-then-pinterest-rival-fancy-raises-26-million-in-new-funding/" target="_blank">has raised</a> just over $26 million in additional funding. New investors include Celtics owner Jim Pallotta, Twitter and Square cofounder Jack Dorsey and <a href="http://www.linkedin.com/in/edgilligan" target="_blank">Edward Gilligan</a>, the vice chairman of American Express. This also ruins rumors that Apple was planning to acquire the company. No word yet on what <a href="http://www.betabeat.com/2012/08/kanye-west-joe-joseph-einhorn-the-fancy/" target="_blank">their favorite user</a>, Kanye West, thinks of the new influx of cash.<!--more--></p>
<p><strong>Santa Set to Make a Lot Of Web Boxes This Year</strong> Boxee, the New York rival to Apple TV and Roku, <a href="http://www.bloomberg.com/news/2012-10-31/wal-mart-to-sell-boxee-tvs-challenging-apple-and-roku.html" target="_blank">is planning to sell</a> its $98 Boxee TV in Walmarts all across the U.S. The new device will be sold in 3,000 Walmarts. This is obviously a huge boost for the company, which sold 120,000 units last year. And <a href="http://betabeat.com/2012/10/boxee-tv-unlimited-dvr-avner-ronen/">unlimited DVR</a> is about as American as Apple pie.</p>
<p><strong>Zynga, What? </strong>Zynga may have picked some slightly unpronounceable Gibraltar-based startup to launch its <a href="http://betabeat.com/2012/10/zynga-earnings-third-quarter-real-money-gaming-draw-something-mark-pincus-bwinparty/">foray into real-money gaming</a>. But that hasn't hurt Betable's chances of becoming the Spotify of online social gambling. The platform, which is backed by investors like Path's David Morin and TechStars' David Tisch, lets developers build real-money games on its platform. Today, Betable announced that it will be lending its services to <a href="http://www.slingo.com" target="_blank">Slingo</a>, <a href="http://www.digitalchocolate.com" target="_blank">Digital Chocolate</a> and <a href="http://www.murka.com/" target="_blank">Murka</a>. The company also just helped Big Fish launch a casino app called Big Fish Casino that lets U.K. users gamble with actual money.</p>
<p><strong>NYC vs. SF, Finally Settled</strong> If you're ever stuck trying to decide whether to decamp to the Valley, then <a href="http://www.versusio.com/en" target="_blank">Versus IO</a> is the site for you. It uses an algorithm to compare two alike things and show you points and counterpoints in a sparse layout. It currently can compare cities and a variety of tech products (think iPhone 4 vs. iPhone 5). But what about the immortal conundrum of pizza vs. Chinese?</p>
<p><strong>Shiny New Doors</strong> <a href="http://www.glassdoor.com" target="_blank">Glassdoor</a>, a California-based jobs site, has raised $20 million in a new financing round led by DAG Ventures. The round also included Benchmark Capital, Sutter Hill Ventures and Battery Ventures. <a href="http://www.gigaom.com/2012/10/31/glassdoor-the-site-for-getting-an-inside-scoop-on-companies-raises-20m/?utm_source=social&amp;utm_medium=twitter&amp;utm_campaign=gigaom" target="_blank">The company told GigaOm</a> that traffic to Glassdoor has reached 13 million monthly uniques and that revenue has increased 175 percent.</p>
<p><strong>Get Your Game on</strong> <a href="http://www.github.com" target="_blank">GitHub</a> has just announced a monthlong gaming hackathon <a href="https://www.github.com/blog/1303-github-game-off">on its blog</a>. The GitHub Game Off will take place during November, and entrants will have to create a game looselybased on the concepts of forking (or forks), branching (or branches), cloning (or clones), pushing or pulling. There are five new iPads with Retina displays (64GB wifi models) available as prizes.</p>
<p><strong>Big Conductor</strong> <a href="http://www.conductor.com" target="_blank">Conductor</a>, an SEO platform, has just announced a big raise that it's calling "the largest venture capital round of funding in SEO technology." The company managed to scoop up $20 million, led by Investor Growth Capital. FirstMark Capital and Matrix Partners also participated.</p>
<p><strong>Vimeo Workout Plan</strong> Reece Pacheco's video startup <a href="http://www.shelby.tv" target="_blank">Shelby.tv</a>, which is still in beta mode, has teamed up with workout site <a href="http://www.nerdfitness.com/" target="_blank">Nerd Fitness</a> to create <a href="http://www.nerdfitness.tv" target="_blank">Nerdfitness.tv</a>. The new site has a scrolling feed of videos to keep you motivated and to teach you how to work out. Let's hope no one gets caught up watching too many videos and forgets to go to the gym.</p>
<p><strong>Dream It, Do It, Microsoft It</strong> Startup accelerator <a href="http://www.dreamitventures.com">Dreamit Ventures</a> has partnered up with Microsoft to give its startups access to the software development tools and networking of the <a href="http://www.dreamitventures.com/team/partners/microsoft-bizspark/">BizSpark program</a>. DreamIt also is planning to select one company from each of its programs to receive additional benefits as part of the BizSpark Fellow program. Fellows will get access to Microsoft expert engineers and evangelists to help build out their products. Qualifying startups can also access up to $60,000 in Windows Azure services over two years. <a href="http://www.flagtap.com/" target="_blank">FlagTap</a>, an online capture the flag game that aims to increase web traffic, has been chosen as the first fellow of the program.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_68533" class="wp-caption alignleft" style="width: 310px"><a href="http://nyobetabeat.files.wordpress.com/2012/10/339px-kanye_west_swu_music__arts_festival_2011_crop.jpeg"><img class="size-full wp-image-68533" title="339px-Kanye_West_SWU_Music_&amp;_Arts_Festival_2011_(crop)" alt="" src="http://nyobetabeat.files.wordpress.com/2012/10/339px-kanye_west_swu_music__arts_festival_2011_crop.jpeg" height="529" width="300" /></a><p class="wp-caption-text">Fancy's fanciest fan. (Photo: wikipedia.org)</p></div></p>
<p><strong>Ceci N'est Pas Une Sandy</strong> The affordable-art-dealing website <a href="http://www.20x200.com/" target="_blank">20 x 200</a> is now selling a print of <a href="http://20x200-newsletter.s3.amazonaws.com/sandy-3.html" target="_blank">a NASA satellite image of Hurricane Sandy</a>. All proceeds from the sale will go to the Red Cross to help relief efforts. The striking image was taken at 9:02 a.m on Sunday, approximately 10 hours before NYC’s MTA shut transport service down throughout the tristate area. Hang it above your couch of a constant reminder of the grander universe and just how much you appreciate your wifi.</p>
<p><strong>More Money, More Fancy</strong> <a href="http://www.thefancy.com" target="_blank">Fancy</a>, Pinterest's cooler older brother, <a href="http://www.techcrunch.com/2012/10/29/so-no-apple-acquisition-then-pinterest-rival-fancy-raises-26-million-in-new-funding/" target="_blank">has raised</a> just over $26 million in additional funding. New investors include Celtics owner Jim Pallotta, Twitter and Square cofounder Jack Dorsey and <a href="http://www.linkedin.com/in/edgilligan" target="_blank">Edward Gilligan</a>, the vice chairman of American Express. This also ruins rumors that Apple was planning to acquire the company. No word yet on what <a href="http://www.betabeat.com/2012/08/kanye-west-joe-joseph-einhorn-the-fancy/" target="_blank">their favorite user</a>, Kanye West, thinks of the new influx of cash.<!--more--></p>
<p><strong>Santa Set to Make a Lot Of Web Boxes This Year</strong> Boxee, the New York rival to Apple TV and Roku, <a href="http://www.bloomberg.com/news/2012-10-31/wal-mart-to-sell-boxee-tvs-challenging-apple-and-roku.html" target="_blank">is planning to sell</a> its $98 Boxee TV in Walmarts all across the U.S. The new device will be sold in 3,000 Walmarts. This is obviously a huge boost for the company, which sold 120,000 units last year. And <a href="http://betabeat.com/2012/10/boxee-tv-unlimited-dvr-avner-ronen/">unlimited DVR</a> is about as American as Apple pie.</p>
<p><strong>Zynga, What? </strong>Zynga may have picked some slightly unpronounceable Gibraltar-based startup to launch its <a href="http://betabeat.com/2012/10/zynga-earnings-third-quarter-real-money-gaming-draw-something-mark-pincus-bwinparty/">foray into real-money gaming</a>. But that hasn't hurt Betable's chances of becoming the Spotify of online social gambling. The platform, which is backed by investors like Path's David Morin and TechStars' David Tisch, lets developers build real-money games on its platform. Today, Betable announced that it will be lending its services to <a href="http://www.slingo.com" target="_blank">Slingo</a>, <a href="http://www.digitalchocolate.com" target="_blank">Digital Chocolate</a> and <a href="http://www.murka.com/" target="_blank">Murka</a>. The company also just helped Big Fish launch a casino app called Big Fish Casino that lets U.K. users gamble with actual money.</p>
<p><strong>NYC vs. SF, Finally Settled</strong> If you're ever stuck trying to decide whether to decamp to the Valley, then <a href="http://www.versusio.com/en" target="_blank">Versus IO</a> is the site for you. It uses an algorithm to compare two alike things and show you points and counterpoints in a sparse layout. It currently can compare cities and a variety of tech products (think iPhone 4 vs. iPhone 5). But what about the immortal conundrum of pizza vs. Chinese?</p>
<p><strong>Shiny New Doors</strong> <a href="http://www.glassdoor.com" target="_blank">Glassdoor</a>, a California-based jobs site, has raised $20 million in a new financing round led by DAG Ventures. The round also included Benchmark Capital, Sutter Hill Ventures and Battery Ventures. <a href="http://www.gigaom.com/2012/10/31/glassdoor-the-site-for-getting-an-inside-scoop-on-companies-raises-20m/?utm_source=social&amp;utm_medium=twitter&amp;utm_campaign=gigaom" target="_blank">The company told GigaOm</a> that traffic to Glassdoor has reached 13 million monthly uniques and that revenue has increased 175 percent.</p>
<p><strong>Get Your Game on</strong> <a href="http://www.github.com" target="_blank">GitHub</a> has just announced a monthlong gaming hackathon <a href="https://www.github.com/blog/1303-github-game-off">on its blog</a>. The GitHub Game Off will take place during November, and entrants will have to create a game looselybased on the concepts of forking (or forks), branching (or branches), cloning (or clones), pushing or pulling. There are five new iPads with Retina displays (64GB wifi models) available as prizes.</p>
<p><strong>Big Conductor</strong> <a href="http://www.conductor.com" target="_blank">Conductor</a>, an SEO platform, has just announced a big raise that it's calling "the largest venture capital round of funding in SEO technology." The company managed to scoop up $20 million, led by Investor Growth Capital. FirstMark Capital and Matrix Partners also participated.</p>
<p><strong>Vimeo Workout Plan</strong> Reece Pacheco's video startup <a href="http://www.shelby.tv" target="_blank">Shelby.tv</a>, which is still in beta mode, has teamed up with workout site <a href="http://www.nerdfitness.com/" target="_blank">Nerd Fitness</a> to create <a href="http://www.nerdfitness.tv" target="_blank">Nerdfitness.tv</a>. The new site has a scrolling feed of videos to keep you motivated and to teach you how to work out. Let's hope no one gets caught up watching too many videos and forgets to go to the gym.</p>
<p><strong>Dream It, Do It, Microsoft It</strong> Startup accelerator <a href="http://www.dreamitventures.com">Dreamit Ventures</a> has partnered up with Microsoft to give its startups access to the software development tools and networking of the <a href="http://www.dreamitventures.com/team/partners/microsoft-bizspark/">BizSpark program</a>. DreamIt also is planning to select one company from each of its programs to receive additional benefits as part of the BizSpark Fellow program. Fellows will get access to Microsoft expert engineers and evangelists to help build out their products. Qualifying startups can also access up to $60,000 in Windows Azure services over two years. <a href="http://www.flagtap.com/" target="_blank">FlagTap</a>, an online capture the flag game that aims to increase web traffic, has been chosen as the first fellow of the program.</p>
]]></content:encoded>
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		<title>After Significant Layoffs, Zynga Officially Rolls the Dice on Real Money Gaming in 2013</title>

		<comments>http://betabeat.com/2012/10/zynga-earnings-third-quarter-real-money-gaming-draw-something-mark-pincus-bwinparty/#comments</comments>
		<pubDate>Wed, 24 Oct 2012 19:30:19 -0400</pubDate>
					<link>http://betabeat.com/2012/10/zynga-earnings-third-quarter-real-money-gaming-draw-something-mark-pincus-bwinparty/</link>
			<dc:creator>Nitasha Tiku</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=67707</guid>
		<description><![CDATA[<p><div id="attachment_67717" class="wp-caption alignleft" style="width: 210px"><img class="size-full wp-image-67717" title="Mark pincus" alt="" src="http://nyobetabeat.files.wordpress.com/2012/10/200px-markpincus21.jpeg" height="178" width="200" /><p class="wp-caption-text">Mr. Pincus (Photo: Wikipedia)</p></div></p>
<p>After two big blows in succession--<a href="http://betabeat.com/2012/10/zynga-omg-pop-draw-something-write-down-third-quarter/">downgraded earnings forecasts</a>, followed by <a href="http://betabeat.com/2012/10/in-internal-memo-a-contrite-marc-pincus-admits-to-cutting-5-percent-of-zyngas-full-time-staffers/">5 percent layoffs and the end of its studios in Boston, Japan, and the UK</a>--Zynga's <a href="http://investor.zynga.com/secfiling.cfm?filingID=1193125-12-433362&amp;CIK=1439404">third quarter earnings report</a> exceeded the Street's "<a href="http://www.reuters.com/article/2012/10/24/us-zynga-earnings-idUSBRE89N1JL20121024?feedType=RSS&amp;feedName=technologyNews&amp;utm_source=dlvr.it&amp;utm_medium=twitter&amp;dlvrit=56505">rock bottom expectations</a>." That might explain why after hours trading is currently up 13.6 percent.</p>
<p>Zynga <a href="http://betabeat.com/2012/10/zynga-omg-pop-draw-something-write-down-third-quarter/">had predicted</a> a net loss of $90 to $105 million for the third quarter, but only reported a net loss of $52.7 million. The company attributed part of that loss on a $95.5 million impairment charge on its acquisition of OMGPOP, the New York City-based makers of Draw Something. Zynga also said that a 28 percent sequential decrease in monthly unique payers (MUPs) from the second quarter (4.1 million) to the third quarter (3 million) as "largely driven by Draw Something."<!--more--></p>
<p>However, it's worth noting that AppData shows monthly active users (not payers) for Draw Something as <a href="http://www.appdata.com/apps/facebook/225826214141508-draw-something">10.2 million</a>. As Zynga's chief mobile officer David Ko noted this summer, sites like AppData only measure usage via Facebook integration, which he called, "[just] a portion of the actual number." And if anyone can figure out how to turn users into payers, it's <em>American Idol</em>'s Ryan Seacrest, who just happens to be executive producing <a href="http://www.deadline.com/2012/06/cbs-picks-up-draw-something-reality-pilot/">a TV pilot based on Draw Something</a>. So stay tuned?</p>
<p>On an earnings call about this afternoon, CEO Mark Pincus began by saying, "The last several months have obviously been challenging for us," before going on to outline a plan to fix that. Besides yesterday's steep cutbacks and layoffs--the company is also sunsetting 13 games--Zynga plans to remain "well positioned to capitalize on social gaming," by refocusing on mobile. He attributed some of Zynga's setbacks on "faster than expected player adoption of mobile smartphone and tablets." A familiar refrain to anyone who heard Facebook's first earnings call too.</p>
<p>Zynga may have an easier time adjusting to mobile than Zuck, though. The company says it owns three of the top five most popular mobile games and that, "In the past year, we’ve generated a large audience and a business that represents 20 percent of our bookings." The company is also reorganizing its game teams to "unite" web and mobile development. Additionally, it will be work on developing more "high-engagement games," like Zynga Poker.</p>
<p>Speaking of just how engaging gambling can be, along with its earnings report, Zynga sent out a press release this afternoon announcing an exclusive partnership with the online gaming company bwin.party. "If you say it out loud, it sounds like 'boring party," observed Betabeat star intern Myles Tanzer. The deal, however, should prove anything but. Through the partnership, Zynga plans to offer so-called "real money games" in the UK, where gambling laws are less dire than the U.S.</p>
<p>Nearly every question during the earnings call attempted to get more details about the partnership out of Mr. Pincus and and CFO Dave Wehner, who declined again and again to offer specifics beyond the fact that it would "offer real money online Poker and Casino games in the UK market," in the first half of 2013.</p>
<p>A question from CITI regarding whether this was a merely a "brand licensing deal" or would actually involve more lucrative "game development and integration," was also left unanswered. However, Zynga did emphasize that this deal was specific to the UK. Considering that bwin.party, which is incorporated, licensed, and regulated in Gibraltar, but also has licenses in<b id="internal-source-marker_0.09743922506459057"> </b>France, Italy, Spain and Denmark, that may mean Zynga is exploring other partnership options for real money gambling overseas. And bwin.party's loss might be <a href="http://tech.fortune.cnn.com/2012/07/26/betable/">Betable's gain</a>!</p>
<div id="wsh_printBar">
<blockquote>
<div>October 24, 2012</div>
</blockquote>
</div>
<blockquote>
<h1>Zynga Partners With bwin.party to Launch Real Money Games in the UK</h1>
<p>SAN FRANCISCO, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Zynga (Nasdaq:ZNGA), the world's leading provider of social game services, and bwin.party, the leading international real money gaming operator, today announced an exclusive partnership to offer real money online Poker and Casino games in the UK market. Zynga's UK-based RMG service and bwin.party will launch RMG products including Poker and a full suite of 180 Casino games in the first half of 2013, which include table games such as slots, roulette and blackjack.</p>
<p>"Bringing together Zynga's expertise in social gaming with the top international real money gaming operator is the best way to create the highest quality gaming experiences for our players in the UK," said Barry Cottle, Executive Vice President, Corporate and Business Development, Zynga. "Partnering with an established leader like bwin.party is a strategic and prudent way for us to enter a key RMG market while giving local players the real money games they've been asking us for."</p>
<p>"Today's announcement is another example of our success in leveraging our assets through strategic blue-chip partners," said Jim Ryan and Norbert Teufelberger, Co-CEOs of bwin.party. "Zynga is the world's leader in social games with hundreds of millions of active players worldwide and a significant player base in the UK. We are delighted to have been selected as their chosen partner for this important step in their evolution, and hope to expand our relationship into other products and markets."</p>
<p>Zynga's real money UK poker customers will join the bwin.party dotcom player liquidity pool — getting the benefits of playing on the largest regulated poker network. Zynga's UK-based RMG service will be powered by the established operating platform, software, and related support of bwin.party.</p>
<p>In addition to the full suite of Casino and Poker games, Zynga's UK-based RMG service will also leverage the company's world renowned entertainment brand, <i>FarmVille</i>, to offer local players the first-ever, online <i>FarmVille</i>-branded real money slots game.</p>
<p>Zynga's UK-based RMG service will operate under bwin.party's Gibraltar gaming license.</p>
<p>The Zynga Inc. logo and bwin.party logo are available at <a href="https://zynga.box.com/s/ulp051ta7l5mzusfg2r7" target="_top">https://zynga.box.com/s/ulp051ta7l5mzusfg2r7</a></p>
<p><strong>About Zynga</strong></p>
<p>Zynga Inc. is the world's leading provider of social game services with 311 million monthly active users playing its games, which include <i>Zynga Poker, Words With Friends, Scramble With Friends, Gems With Friends, Draw Something, FarmVille2, ChefVille, CityVille, Bubble Safari </i>and <i>Ruby Blast</i>.Zynga's games are available on a number of global platforms, including Facebook, <a href="http://www.globenewswire.com/newsroom/ctr?d=10007387&amp;l=10&amp;a=Zynga.com&amp;u=http%3A%2F%2Fwww.zynga.com%2F">Zynga.com</a>, Google+, Tencent, Apple iOS, and Google Android.Zynga is headquartered in San Francisco, California.</p>
<p><strong>About bwin.party</strong></p>
<p>bwin.party digital entertainment plc (LSE:BPTY) is a global online gaming company, formed from the merger of bwin Interactive Entertainment AG andPartyGaming Plc on 31 March 2011. Incorporated, licensed and regulated in Gibraltar, the Group also has licences in France, Italy, Spain and Denmark. With offices in Europe, India, Israel and the US, the Group generated total pro forma revenue of €816.0m and pro forma Clean EBITDA of €199.3m in 2011. bwin.party commands leading market positions in each of its four key product verticals: online sports betting, poker, casino and bingo with some of the world's biggest online gaming brands including <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=bwin&amp;u=http%3A%2F%2Fbwin.com%2F">bwin</a>, <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=PartyPoker&amp;u=http%3A%2F%2Fpartypoker.com%2F">PartyPoker</a>, <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=PartyCasino&amp;u=http%3A%2F%2Fpartycasino.com%2F">PartyCasino</a> and <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=Foxy%20Bingo.&amp;u=http%3A%2F%2Fwww.foxybingo.com%2F">Foxy Bingo.</a> The Group's scale, technology and strong portfolio of games collectively differentiate its customer offer from those of its competitors. bwin.party is a constituent member of the FTSE 250 Index and the FTSE4Good Index Series, which identifies companies that meet globally recognised corporate responsibility standards. For more information about bwin.party, please <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=click%20here.&amp;u=http%3A%2F%2Fwww.bwinparty.com%2F">click here.</a></p></blockquote>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_67717" class="wp-caption alignleft" style="width: 210px"><img class="size-full wp-image-67717" title="Mark pincus" alt="" src="http://nyobetabeat.files.wordpress.com/2012/10/200px-markpincus21.jpeg" height="178" width="200" /><p class="wp-caption-text">Mr. Pincus (Photo: Wikipedia)</p></div></p>
<p>After two big blows in succession--<a href="http://betabeat.com/2012/10/zynga-omg-pop-draw-something-write-down-third-quarter/">downgraded earnings forecasts</a>, followed by <a href="http://betabeat.com/2012/10/in-internal-memo-a-contrite-marc-pincus-admits-to-cutting-5-percent-of-zyngas-full-time-staffers/">5 percent layoffs and the end of its studios in Boston, Japan, and the UK</a>--Zynga's <a href="http://investor.zynga.com/secfiling.cfm?filingID=1193125-12-433362&amp;CIK=1439404">third quarter earnings report</a> exceeded the Street's "<a href="http://www.reuters.com/article/2012/10/24/us-zynga-earnings-idUSBRE89N1JL20121024?feedType=RSS&amp;feedName=technologyNews&amp;utm_source=dlvr.it&amp;utm_medium=twitter&amp;dlvrit=56505">rock bottom expectations</a>." That might explain why after hours trading is currently up 13.6 percent.</p>
<p>Zynga <a href="http://betabeat.com/2012/10/zynga-omg-pop-draw-something-write-down-third-quarter/">had predicted</a> a net loss of $90 to $105 million for the third quarter, but only reported a net loss of $52.7 million. The company attributed part of that loss on a $95.5 million impairment charge on its acquisition of OMGPOP, the New York City-based makers of Draw Something. Zynga also said that a 28 percent sequential decrease in monthly unique payers (MUPs) from the second quarter (4.1 million) to the third quarter (3 million) as "largely driven by Draw Something."<!--more--></p>
<p>However, it's worth noting that AppData shows monthly active users (not payers) for Draw Something as <a href="http://www.appdata.com/apps/facebook/225826214141508-draw-something">10.2 million</a>. As Zynga's chief mobile officer David Ko noted this summer, sites like AppData only measure usage via Facebook integration, which he called, "[just] a portion of the actual number." And if anyone can figure out how to turn users into payers, it's <em>American Idol</em>'s Ryan Seacrest, who just happens to be executive producing <a href="http://www.deadline.com/2012/06/cbs-picks-up-draw-something-reality-pilot/">a TV pilot based on Draw Something</a>. So stay tuned?</p>
<p>On an earnings call about this afternoon, CEO Mark Pincus began by saying, "The last several months have obviously been challenging for us," before going on to outline a plan to fix that. Besides yesterday's steep cutbacks and layoffs--the company is also sunsetting 13 games--Zynga plans to remain "well positioned to capitalize on social gaming," by refocusing on mobile. He attributed some of Zynga's setbacks on "faster than expected player adoption of mobile smartphone and tablets." A familiar refrain to anyone who heard Facebook's first earnings call too.</p>
<p>Zynga may have an easier time adjusting to mobile than Zuck, though. The company says it owns three of the top five most popular mobile games and that, "In the past year, we’ve generated a large audience and a business that represents 20 percent of our bookings." The company is also reorganizing its game teams to "unite" web and mobile development. Additionally, it will be work on developing more "high-engagement games," like Zynga Poker.</p>
<p>Speaking of just how engaging gambling can be, along with its earnings report, Zynga sent out a press release this afternoon announcing an exclusive partnership with the online gaming company bwin.party. "If you say it out loud, it sounds like 'boring party," observed Betabeat star intern Myles Tanzer. The deal, however, should prove anything but. Through the partnership, Zynga plans to offer so-called "real money games" in the UK, where gambling laws are less dire than the U.S.</p>
<p>Nearly every question during the earnings call attempted to get more details about the partnership out of Mr. Pincus and and CFO Dave Wehner, who declined again and again to offer specifics beyond the fact that it would "offer real money online Poker and Casino games in the UK market," in the first half of 2013.</p>
<p>A question from CITI regarding whether this was a merely a "brand licensing deal" or would actually involve more lucrative "game development and integration," was also left unanswered. However, Zynga did emphasize that this deal was specific to the UK. Considering that bwin.party, which is incorporated, licensed, and regulated in Gibraltar, but also has licenses in<b id="internal-source-marker_0.09743922506459057"> </b>France, Italy, Spain and Denmark, that may mean Zynga is exploring other partnership options for real money gambling overseas. And bwin.party's loss might be <a href="http://tech.fortune.cnn.com/2012/07/26/betable/">Betable's gain</a>!</p>
<div id="wsh_printBar">
<blockquote>
<div>October 24, 2012</div>
</blockquote>
</div>
<blockquote>
<h1>Zynga Partners With bwin.party to Launch Real Money Games in the UK</h1>
<p>SAN FRANCISCO, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Zynga (Nasdaq:ZNGA), the world's leading provider of social game services, and bwin.party, the leading international real money gaming operator, today announced an exclusive partnership to offer real money online Poker and Casino games in the UK market. Zynga's UK-based RMG service and bwin.party will launch RMG products including Poker and a full suite of 180 Casino games in the first half of 2013, which include table games such as slots, roulette and blackjack.</p>
<p>"Bringing together Zynga's expertise in social gaming with the top international real money gaming operator is the best way to create the highest quality gaming experiences for our players in the UK," said Barry Cottle, Executive Vice President, Corporate and Business Development, Zynga. "Partnering with an established leader like bwin.party is a strategic and prudent way for us to enter a key RMG market while giving local players the real money games they've been asking us for."</p>
<p>"Today's announcement is another example of our success in leveraging our assets through strategic blue-chip partners," said Jim Ryan and Norbert Teufelberger, Co-CEOs of bwin.party. "Zynga is the world's leader in social games with hundreds of millions of active players worldwide and a significant player base in the UK. We are delighted to have been selected as their chosen partner for this important step in their evolution, and hope to expand our relationship into other products and markets."</p>
<p>Zynga's real money UK poker customers will join the bwin.party dotcom player liquidity pool — getting the benefits of playing on the largest regulated poker network. Zynga's UK-based RMG service will be powered by the established operating platform, software, and related support of bwin.party.</p>
<p>In addition to the full suite of Casino and Poker games, Zynga's UK-based RMG service will also leverage the company's world renowned entertainment brand, <i>FarmVille</i>, to offer local players the first-ever, online <i>FarmVille</i>-branded real money slots game.</p>
<p>Zynga's UK-based RMG service will operate under bwin.party's Gibraltar gaming license.</p>
<p>The Zynga Inc. logo and bwin.party logo are available at <a href="https://zynga.box.com/s/ulp051ta7l5mzusfg2r7" target="_top">https://zynga.box.com/s/ulp051ta7l5mzusfg2r7</a></p>
<p><strong>About Zynga</strong></p>
<p>Zynga Inc. is the world's leading provider of social game services with 311 million monthly active users playing its games, which include <i>Zynga Poker, Words With Friends, Scramble With Friends, Gems With Friends, Draw Something, FarmVille2, ChefVille, CityVille, Bubble Safari </i>and <i>Ruby Blast</i>.Zynga's games are available on a number of global platforms, including Facebook, <a href="http://www.globenewswire.com/newsroom/ctr?d=10007387&amp;l=10&amp;a=Zynga.com&amp;u=http%3A%2F%2Fwww.zynga.com%2F">Zynga.com</a>, Google+, Tencent, Apple iOS, and Google Android.Zynga is headquartered in San Francisco, California.</p>
<p><strong>About bwin.party</strong></p>
<p>bwin.party digital entertainment plc (LSE:BPTY) is a global online gaming company, formed from the merger of bwin Interactive Entertainment AG andPartyGaming Plc on 31 March 2011. Incorporated, licensed and regulated in Gibraltar, the Group also has licences in France, Italy, Spain and Denmark. With offices in Europe, India, Israel and the US, the Group generated total pro forma revenue of €816.0m and pro forma Clean EBITDA of €199.3m in 2011. bwin.party commands leading market positions in each of its four key product verticals: online sports betting, poker, casino and bingo with some of the world's biggest online gaming brands including <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=bwin&amp;u=http%3A%2F%2Fbwin.com%2F">bwin</a>, <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=PartyPoker&amp;u=http%3A%2F%2Fpartypoker.com%2F">PartyPoker</a>, <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=PartyCasino&amp;u=http%3A%2F%2Fpartycasino.com%2F">PartyCasino</a> and <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=Foxy%20Bingo.&amp;u=http%3A%2F%2Fwww.foxybingo.com%2F">Foxy Bingo.</a> The Group's scale, technology and strong portfolio of games collectively differentiate its customer offer from those of its competitors. bwin.party is a constituent member of the FTSE 250 Index and the FTSE4Good Index Series, which identifies companies that meet globally recognised corporate responsibility standards. For more information about bwin.party, please <a href="http://www.globenewswire.com/newsroom/ctr?d=10009713&amp;l=11&amp;a=click%20here.&amp;u=http%3A%2F%2Fwww.bwinparty.com%2F">click here.</a></p></blockquote>
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