NYC Startups to Watch | Hacker News Reader

NYC Startups to Watch

timeinc.com

39 pointspospischil17 comments

Looks like it is time for me to make a data driven index of NYC startups. This is such fluff.

Is this a coping mechanism for dealing with burnout for you?

Your indices of FB follows and twitter followers and Alexa rankings aren't "data driven." They take some numbers as inputs, sure, but that doesn't mean they're data-driven.

I find it interesting that one of them is literally "like facebook, but for dogs".

Yeah, I lol'd at that. We actually made this joke at a meetup once: "Hi, we're a social network for people that like to share photos of their pets." Guess the joke's on us (or their investors whomever they may be.) Good luck to them if they can make it happen.

Klooff, if the pet lovers on HN want to check it out: http://www.klooff.com/

Interestingly, they are a Chilean company, incubated at Startup Chile ( http://startupchile.org/startups/klooff/ )

Not a Chilean company, although they did participate in Startup Chile.

Loosecubes is now closed: https://www.loosecubes.com/ Anyone knows what happend to them?

Not sure, will look into it but loved the concept and the design as well.

Yup. Was a big head scratcher around here. They raised $7.8M and shutdown 6 mos later. Rumors are they ever actually closed it, which would make a lot more sense than they burned over $1M/mo.

http://betabeat.com/2012/11/what-happened-to-loosecubes-new-...

That would make sense. They just disappeared all of the sudden.

The CEO gave an interview this February

http://www.smartplanet.com/blog/report/loosecubes-pioneer-ri...

> A large part of that reported $7.8 million never actually came through. McKellar says that the investor syndicate, led by New Enterprise Associates, stopped funding the company. Faced with the decision of whether to operate on a severely amputated budget or to close down, she opted for the latter

What was it?

What would Time know about this?

Use Time's previous "Most Promising Startups" for their success rate:

2012 - http://www.timeinc.com/pressroom/10nycstartups2012.php

2011 - http://www.timeinc.com/pressroom/events/10nycstartups/

But then, how do you rate a startup as successful? Number of users, revenue, is being acquired a good or bad thing?

These articles are really just signalling devices for which shops overspend on PR and/or have good looking founders.

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