Why Firstonesin.com will be so important to H10

Diaspora Reports Progress In Its Quest To Build An Open Facebook Alternative

I love this description of history, “It’s been exactly one month after Diaspora, which aims to become an open Facebook alternative (much like OneSocialWeband others) raised just over $200,000 in funding from Facebook CEO Mark Zuckerberg and others through Kickstarter.” Ok, Zuckerburg gave them money? Nice….

Raising 170,000+, equity free $, over a weekend is clearly a rare event, but amazing none the less. I’m sure that Firstonesin.com could just as impactful for H10 ventures if presented to the right audience, at the right time around the right venture.

Also see this Crunchbase description of the funding process for Diaspora:

Diaspora is a project begun by four students at NYU’s Courant Institute. They propose to build an open-source, distributed social network as an alternative to companies such as Facebook.The team decided to raise $10,000 using Kickstarter by June 1. In light of Facebook’s recent moves concerning privacy, the team has received far more support than expected. With news coverage by Fox on May 11th and a writeup from the New York Times on May 12th exposure took off. The company had raised more than $178,000 by May 21st.

See the full bio here: http://www.crunchbase.com/company/diaspora

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