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Capsule gets $1.5M to build ‘super simple’ decentralized social media

TechCrunch

” Cryptocat author gets insanely fast backing to build P2P tech for social media. Given the intent with TIC is to hosts all sorts of decentralized apps it’s possible — indeed, likely — that a bunch of decentralized social media plays will emerge.

Media 246
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Daily Crunch: Kanye West reaches agreement to acquire social media platform Parler

TechCrunch

That, that, that don’t kill me, can only make me stronger ” : Two of our top stories for today centered on the same topic — Kanye West, who now goes by Ye, surprising us all by announcing he was going to buy the conservative social media site Parler. The TechCrunch Top 3. Manish has the basics on the deal.

Media 252
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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

Social 275
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Demand Curve: How to get social proof that grows your startup

TechCrunch

This is called social proof, which is a physiological effect that influences your decisions every day, whether you know it or not. We’ve found that effectively using social proof can lead to up to 400% improvement in conversion. How businesses use social proof. Social proof for B2B. Social proof for SaaS.

Social 248
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How social commerce is bridging Southeast Asia’s infrastructure gaps

TechCrunch

Conceptually, social commerce isn’t new — it has existed in some form ever since people have made recommendations to each other. Today social networks are more powerful than ever, and startups and corporations are innovating new commerce models that leverage the greater reach available to us.

Social 245
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“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

TechCrunch

Linktree’s latest funding will be used on tools that make social commerce easier. This is in partly because people have been spending more time on social media and e-commerce shopping during the pandemic. Linktree raises $10.7M for its lightweight, link-centric user profiles.

Social 265
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Ethical Social Media: Oxymoron or Attainable Goal?

O'Reilly Media - Ideas

For this generation, social media has generated a vast set of new ethical challenges, which is unsurprising when you consider the degree of its influence. Social media has been linked to health risks in individuals and political violence in societies.

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