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How 99Designs.com came to be

Sophia Perl of Wisdom

A notable site is FaceSmash which sold for $30k the week the movie Social Network came out. Even Perez Hilton blogged about Flippa because of its relationship to FaceSmash and Social Network. The main difference is that they were able to leverage their distribution channel.

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. In the era of social networks, LinkedIn, Facebook messaging, Quora and email addresses that are easily guessable, it’s easy to think that maybe you should just approach a VC directly. They seem so reachable.

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Should You Get Rid of Your Website’s Lead Forms?

ConversionXL

Lead capture forms made sense in an era when phone and email were the dominant communication channels. True, some companies experimented with social media as a sales channel as well. Messenger (1998), and MSN/Windows Live Messenger (1999). billion MAUs for the top four social networks. Image Source.

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The Godfather of Peanut Butter: How One Sandwich Shop Turned Into a Nutty Empire

Hunter Walker

That was in 1999 – we were in fact one of the first food companies to offer e-commerce to consumers. While we’ve run ads on television and in magazines in the past, social media is our primary tool for communicating with our customers.

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How Private Equity Funds Are and Should Be Using Social Media

David Teten

Given how much data PE firms can gather about other investors and companies through social media, It is understandable that they are wary of making too much of their own information available through those channels. 16% of visitors came from the blog or social networking sites.

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How To Suck At Social Media: An Indispensable Guide For Businesses

Occam's Razor

Do the big gigantic numbers imply that your business should use these social media channels? I believe that it was erroneous not to answer the two questions above, it was erroneous to be tempted by the Big Numbers and not understand how Social Media channels actually worked (streams, home pages, personalization, rankings and more).

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8 Smart and Practical Ways To Increase Your Small Business Profits

crowdSPRING Blog

It might be fun to spend two hours daily on Facebook or Twitter hunting for customers, but the more important question you should be asking is whether your prospective customers are looking for you on those social networks. You can also look to see what’s working and what isn’t in specific marketing channels.