August 12th, 2012
ljdigital
Zoom thisistheverge: App.net passes $500,000 funding goal in quest to do Twitter the right way Dalton Caldwell’s ambitious attempt at a new kind of social network has just achieved its no less daring goal of half a million US dollars in pledged funding. The requisite threshold for funding App.net was crossed some 38 hours in advance of the midnight PT deadline that its developers had set for Monday, August 13th. It took 7,372 backers to collect $500,050 of pledges, with the price of membership varying from $50 for a basic Member account to $1,000 in the Pro Tier. 

thisistheverge:

App.net passes $500,000 funding goal in quest to do Twitter the right way

Dalton Caldwell’s ambitious attempt at a new kind of social network has just achieved its no less daring goal of half a million US dollars in pledged funding. The requisite threshold for funding App.net was crossed some 38 hours in advance of the midnight PT deadline that its developers had set for Monday, August 13th. It took 7,372 backers to collect $500,050 of pledges, with the price of membership varying from $50 for a basic Member account to $1,000 in the Pro Tier. 

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    Honestly I don’t think this will work.
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A blog created by the Literary Journalism Department @ the University of California, Irvine, dedicated to discussions about non-fiction narratives in this ever-evolving era of E-books, E-readers, Blogs, Instapaper, The Atavist, Byliner, Amazon's Kindle Singles and all other new media outlets open to promoting great journalism. LJ Digital is managed by Asst. Prof. Erika Hayasaki and Cleo Tobbi, intern and UCI literary journalism student.

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