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When Urban Compass debuted to the public in May of this year, it had its fair share of doubters. The company was trying to reinvent the process of searching for an apartment in New York, a notoriously expensive, difficult, and fraud-filled endeavor. Four months later the company is approaching profitability, raising another $20 million in venture capital, and plotting its expansion into new cities like San Francisco, Boston, and Chicago

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Marc Andreessen has been going crazy on Twitter lately after a long time away.

His latest outburst is a humorous take on people's reaction to Silicon Valley since 1993.

Andreessen, for those that don't know, is a board member at Facebook, HP, eBay, and a lot of other places. He's co-founder of venture capital firm Andreessen Horowitz. He also created the Netscape browser, which helped kickstart the dot com boom.

He's wildly optimistic about technology. And he's making fun of everyone that is a worrywort or skeptic with these tweets.

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TV Gamer, July 1984 - It's not often you find gold in old game magazines, but man, this is absolutely fascinating. "How to play Adventures in the 1990s" by Richard Porch is a fever dream of what Arcades would be like in the decade coming up.

This was written in 1984 - directly in the middle of the American Video Game Crash (though written in the UK) and a few years after Tron happened and no idea on how Japan developers like Nintendo and Sega would change the world in a year or two. It's about how Arcades will evolve into giant Blade Runner style buildings where arcade games will be "modules" and essentially become the giant Vegas style casinos we see today.

It's an absolutely fascinating read to see what this guy thought would happen in the 90s, much like how Back to the Future expected 2015 to be pretty wild. It's so fascinating that I've transcribed the whole article here for easier reading.

I don't know where you are now, Richard Porch, but you're probably disappointed.

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The brilliant crowdfunding platform for photographers and visual storytellers,emphas.is, needs funding itself. They have hit that critical point in a start-up’s life cycle where they have proven the idea to work, but now they need to scale up to get to sustainability. Co-founder Tina Ahrens says, "With half a million dollars raised for visual journalism so far we know it works, but venture capital with a social spin is hard to come by."

At a time when we all really need long-form visual storytelling — a genre that is dying quickly in the economically disrupted models of contemporary photojournalism, documentary photography, book and magazine publishing — the people at emphas.is have stepped in with their own great ideas, and their own money, to help talented photographers connect with a geographically dispersed audience.

The individual funders who donate $10, $25, or more, truly appreciate the time, trouble, vision and perseverance required to do the research, planning, shooting and marketing to share important stories from around the world.

Photographers CAN make a difference in the world — and the community that joins together to raise some cash for those photographers make a huge difference too. We're all in this world together, and smart, ethical, compassionate groups like emphas.is deserve all the support we can offer. Please donate something today!

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Reuters

Summly CEO Nick D'Alisio

LONDON, March 25 (Reuters) - Got a tech idea and want to make a fortune before you're out of your teens? Just do it, is the advice of the London schoolboy who's just sold his smartphone news app to Yahoo for a reported $30 million.

The money is there, just waiting for clever new moves, said 17-year-old Nick D'Aloisio, who can point to a roster of early backers for his Summly app that includes Yoko Ono and Rupert Murdoch.

"If you have a good idea, or you think there's a gap in the market, just go out and launch it because there are investors across the world right now looking for companies to invest in," he told Reuters in a telephone interview late on Monday.

The terms of the sale, four months after Summly was launched for the iPhone, have not been disclosed and D'Aloisio, who is still studying for school exams while joining Yahoo as its youngest employee, was not saying. But technology blog AllThingsD said Yahoo paid roughly $30 million.

D'Aloisio said he was the majority owner of Summly and would now invest the money from the sale, though his age imposes legal limits for now on his access to it.

"I'm happy with that and working with my parents to go through that whole process," he said.

D'Aloisio, who lives in the prosperous London suburb of Wimbledon, highlights the support of family and school, which gave him time off, but also, critically, the ideas that came with enthusiastic financial backers.

He had first dreamt up the mobile software while revising for a history exam two years ago, going on to create a prototype of the app that distils news stories into chunks of text readable on small smartphone screens.

He was inspired, he said, by the frustrating experience of trawling through Google searches and separate websites to find information when revising for the test.

Trimit was an early version of the app, which is powered by an algorithm that automatically boils down articles to about 400 characters. It caught the eye of Horizons Ventures, a venture capital firm owned by Hong Kong billionaire Li Ka-shing, which put in $250,000.

That investment attracted other celebrity backers, among them Hollywood actor Ashton Kutcher, British broadcaster Stephen Fry, artist Ono, the widow of Beatle John Lennon, and News Corp media mogul Murdoch.

That all added up to maximum publicity when Summly launched in November 2012, but the backers brought more than just cash for an app that has been downloaded close to a million times.

"It's been super-exciting, (the investors) found out about it in 2012 once the original investment from Li Ka-shing had gone public," said D'Aloisio. "They all believed in the idea, but they all offered different experiences to help us out."

His business has worked with around 250 content publishers, he said, such as News Corp's Wall Street Journal. People reading the summaries can easily click through to the full article, driving traffic to newspaper websites.

"The great deal about joining Yahoo is that they have a lot of publishers, they have deals with who we can work with now," D'Aloisio said.

He taught himself to code at age 12 after Apple's App Store was launched, creating several apps including Facemood, a service which analysed sentiment to determine the moods of Facebook users, and music discovery service SongStumblr.

He has started A-levels - English final school exams - in maths, physics and philosophy, and plans to continue his studies while also working at Yahoo's offices in London. He aims to go to university to study humanities.

Although he has created an app worth millions, D'Aloisio says he is not a stereotyped computer geek.

"I like playing sport," he said. "I'm a bit of a design enthusiast, and like spending time with my girlfriend and mates."

Copyright (2013) Thomson Reuters. Click for restrictions

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