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StockTwits Launches New Blog/Network

Its built on Wordpress, likely MU. Looks like they will also have premium options - a business model. Good for them, but who wouldn’t want a Clog based on great stock info. found around the web, tagged by stock, industry, sector, or commodity for example and synced up with Twitter?

EG, would love to see you create StockClogs.amplify.com…

Amplifyd from blog.stocktwits.com

We are very excited to launch our new StockTwits blog this morning.  We believe that WordPress offers a revolutionary publishing platform which will play a critical role in the expression and sharing of information today and going forward and we intend to be there innovating and getting great voices heard.

This marks the very beginning of a new initiative as we will gradually be rolling out a network of sites that will not only complement the StockTwits.com site but will add tons of uncommon value for our community.

This will, of course, include premium product sets which will be incredibly valuable to active market participants.

As well, we are constantly on the lookout for the very best in our community to develop future free and premium products and already have others in the works for May.

Read more at blog.stocktwits.com
 

Building a Business on Twitter’s API

Here’s Howard Lindzon’s view. The backer of Stocktwits and Tweetdeck seems to think its a good idea…time will tell. Nice that he won’t rush Stocktwits…easier said than done, especially when you already have financing.

The nerds and wannabe ANALysts pick apart the company, but after touring the Company and using the product loyally the last two years, when the revenues do come, they will pour in and dwarf the costs of running the business. I am ecstatic that so many of the armchair entrepreneurs are not trying to partake in the Twitter ecosystem because they should and therefore it is easier for those of us that do. That will not be the case forever or maybe even in 2010.

One big lesson I took away is that I won’t rush Stocktwits. I will also stop worrying about what Twitter WILL do for revenue. Let them worry.Read more at howardlindzon.com
 

Lindzon’s New Social Apps Fund

Sure is encouraging to see someone step up and commit to funding in our space. Hope others see his optimism and follow suit…I know one company I’d get behind :)

Amplifyd from mail.google.com

socialleveragelogo.jpgHoward Lindzon, a hedge fund trader who created the high-profile short video show Wallstrip and then sold it to CBS, today launched a new fund to invest in social applications. The eight-person group is called Social Leverage, LLC and will presumably compete with a handful of other small funds to get a piece of the hottest new apps before they seek more substantial funding.

We look forward to seeing Social Leverage in action and eagerly await announcements about which crazy ideas the fund gives a financial lifeline to in the future.

Read more at mail.google.com
 

Pertinent to the future of Clogs…

Amplifyd from howardlindzon.com

As we enter the next phase of the web, discovery and filters will continue to take the traffic away from the aggregators.

Read more at howardlindzon.com
 

Consider a Stocks Clog that includes esteemed members clipping important bits about the market and stocks they follow.  Would be a very valuable Clog.

Some advice to entrepreneurs from Howard Lindzon

Amplifyd from howardlindzon.com

In my speech today at Start-Up Empire I focused on three things entrepreneurs must focus on right now:

1. Noise Reduction - Focus on a few voices that have been honest and correct

2. Social Leverage - Learn it, embrace it and freaking use it. Avoid Financial leverage as your crutch.

3. Get the product ready and out the door. Get customers. Save your ‘freemium’ ideas for better days.

Until we are all willing to take the pain and start to save and invest again, Being ‘Too Small to Fail’ is all you have got.

Go to the source
 

Some things we should keep in mind as we move forward…