NYC Needs a PayPal: Hunch cofounder and investor Chris Dixon is sort of the Pied Piper of New York’s perpetually nascent startup community. There’s long been questions why New York, the home to so much innovation in other fields, badly trails Silicon Valley and other places when it comes to tech. The answer is a jumbled mess, but Dixon hits on a simple point. New York needs a home run. The Valley is still enjoying the fruits of PayPal, nearly a decade after its $1.5 billion exit. Its sale to eBay spawned a generation of angel investors and entrepreneurs. The “PayPal Mafia” has backed scores of companies, including Facebook. New York hasn’t had that exactly. There was DoubleClick, but no billion-dollar companies in the consumer tech space. Right now hopes are pinned on Foursquare being that company. It’ll never be the scale of a Silicon Valley infrastructure plays, but if New York can corner the market on services and digital media it’ll get a jump on its bigger rival across the country.
The March of Google+: It looks like Google has a definite hit that’s expanding beyond nerdy early-adopter circles. A report pegs Google+ now at 25 million users. More importantly, they’re actually continuing to use the service.
Mining Twitter Data: Social Flow has another interesting analysis of Twitter behavior data for publisher accounts. One of the most interesting aspects is the graphic on what tweets are clicked the most for different publications — and the words those tweets contain.
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