Comments on: NowPublic Gets $10.6 Million For Crowd Sourced News

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By: Big bucks for CJ network « NextNews

Big bucks for CJ network « NextNews — Sun, 12 Aug 2007 04:29:31 +0000

[...] August 11th, 2007 · No Comments NowPublic Gets $10.6 Million For Crowd Sourced News [...]

By: Chris Tolles

Chris Tolles — Tue, 31 Jul 2007 05:23:48 +0000

I think this is great news for the field. Can’t speak for the stats, but I’m happy to see that these guys got some funding.

For folks commenting on Topix — the portion of Topix which constitutes original, fresh content are the original comments within our forum system — while we aggregate news from 50k sources, we get over half of our traffic on the commentary, half of which is not from articles but is indeed original, mainly local, output from the communities we serve.

By: DaveO

DaveO — Mon, 30 Jul 2007 17:14:16 +0000

Great news for a group of quality folks. Now Public are working hard to be a firstsource for original content and not just another crosspost/re-aggregating location designed to leverage earnest users’ content.

I am a NP user (uncleweed) usually posting news on hockey and cannabis. After posting a photo of a murder scene i came across, the editor “Actual News Guy” gave me a personal call to get the backstory and gauge my ability to mentally process the scene. They also served as a great place to make content public which i didn’t want to post on my own site - and they were more able to deflect police reaction than i was.

Anyhow Vancouver is indeed home to a very happening tech scene of companies brewing a strong community ethic. Entrepreneurs want to start a business here *and* stay here because of this community vibe - plus VanBC being an all around brilliant place to live (despite the local past time of complaining about everything).

By: Church Hilling

Church Hilling — Mon, 30 Jul 2007 16:00:46 +0000

Good article… Much better than Duncan….

$10 million dollar Vancouver-based company. Not bad… It’s much hard to get VC in Vancouver.

By: Anonymouse

Anonymouse — Mon, 30 Jul 2007 15:40:10 +0000

Wasn’t this really their Series B? They took 1.7M or something from Brightspark last year.

Either way, I love NowPublic and can’t wait to see them grow

By: TJ

TJ — Mon, 30 Jul 2007 14:53:32 +0000

I don’t think NowPublic is really in the same category as Digg or Topix. NowPublic makes no attempt at aggregating news or being a comprehensive source of information. They do a great job of getting individuals involved in reporting local news events, but I wouldn’t call them “another news aggregator” at all.

By: Becks

Becks — Mon, 30 Jul 2007 13:25:01 +0000

ANOTHER news aggregatior. Just what I needed.

By: Scriptr

Scriptr — Mon, 30 Jul 2007 12:00:38 +0000

What’s the difference between a round A, B or C of financing in the 2.0 world?

By: Mark Evans - NowPublic Raises $10.6M

Mark Evans - NowPublic Raises $10.6M — Mon, 30 Jul 2007 10:19:49 +0000

[...] company’s profile should get a huge boost amid news it has raised $10.6-million in private equity from Rho Ventures, Brightspark and GrowthWorks. The deal comes just over a year after NowPublic [...]

By: Jaap

Jaap — Mon, 30 Jul 2007 10:00:43 +0000

I’m not so sure about those members. I myself am a member. I had never heard of it before yesterday evening, and I still have only read one article. The thing is: I received an e-mail from nowpublic, stating that a Flickr photo of mine was used (I use CC licenses, so it’s ok) in an article there; I only had to give permission by clicking a link. After having clicked it, I had to register to approve of this. It seemed ok, and the registration procedure was very straightforward (only a couple of data that needed to be filled in on the very same page, needed to click only one more button), so I registered / approved. In other words: they do have an effective way of attracting new ‘members’, but the degree of activity of a significant portion of those members may not be very high.

By: Wayne

Wayne — Mon, 30 Jul 2007 08:40:26 +0000

I think it really sums up this definition of web 2.0 : You give the content, they make the money?

By: boyboy

boyboy — Mon, 30 Jul 2007 06:41:34 +0000

It’s an interesting concept. Sounds to me like a more evolved version of digg, focusing on real “news” rather than a “top 10 list of the most amazing xxxxxx ever!!!”

By: pureweb20.com

pureweb20.com — Mon, 30 Jul 2007 06:40:25 +0000

NowPublic Gets 10 Million For Crowd Sourced News…

Review of the NowPublic.com service along with its recent 10 million dollar funding led by several major investment firms….

By: Jay (living in First Life)

Jay (living in First Life) — Mon, 30 Jul 2007 06:22:47 +0000

This should be renamed “outsourced news delivery for major news agencies.” That’s a real business model and that’s what NowPublic is doing. This is a much better model than Digg’s. Digg isn’t even worth $10.6 MM. I pity the fool that buys that worthless company since none of its users ever click on any ads.

By: Andrew

Andrew — Mon, 30 Jul 2007 05:23:02 +0000

didn’t a site with the same basic idea get deadpooled a while back?

By: Dorothy Stahlnecker

Dorothy Stahlnecker — Mon, 30 Jul 2007 04:58:19 +0000

Good information, I’ll look forward to future comments.

Regards, Dorothy at grammology

By: RBA

RBA — Mon, 30 Jul 2007 04:38:58 +0000

Good article, Nick.

I think NowPublic is a lot more about “Crowd sourced news” than some of the other sites mentioned in the article such as Digg or Topix. This is, after all, about people writing and reporting stuff, not about aggregating what’s being said somewhere else.

Good for them.

By: Zaid

Zaid — Mon, 30 Jul 2007 04:04:52 +0000

Wow. I’ll be dreaming of their investor pitch all night.