Are Facebook’s Days Numbered?
The NY Times has reported that four “nerds” in New York City have decided to start their own social network to combat Facebook and its highly criticized privacy policies. These men decided that they needed to raise $10,000 in order to launch the site, and using an online fundraising tool, Kickstarter, they raised this amount in only 12 days. The money continues to flood in and is currently tallied at over $23,000. The men behind this idea have been consistently surprised by the level of support coming from backers who are dissatisfied with Facebook.
Read the whole story at Inc
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