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Founder Interview: Alejandro Russo, Building the Candela Spiced Rum Brand

The Startup Magazine

For the next entry in The Startup Magazine’s founder interview series , we are featuring Alejandro Russo, founder of Candela Mamajuana. Candela Mamajuana is an alcohol/spirits startup brand that is bringing the Dominican Republic’s native rum to the world. Candela is not Alejandro’s first startup.

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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

Facebook surprised with its first acquisition in Israel today (and its second acquisition outside of the US), with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. The application works on 2,500 device models and is available to 80% of the world’s phones.