BetterWorks Cuts Staff, exploring options

BetterWorks, one of the most known startups to emerge from LA seems to have hit an air pocket. The company which was started by super angel, Paige Craig is said to have laid off close to thirty people and is looking at making some dire choices.…

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Square, the Google Wallet exodus and NFC

Square snagged one of the founding engineers of Google Wallet, making people wonder if it was going to embrace NFC. My guess - not likely, for they believe that their app-based approach has lot less friction. With recent talent exodus, something is not right at Google Wallet.…

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Why Did PayPal Buy Fig Card? Find Out

The word is that once upon a time, eBay's PayPal tried to buy Jack Dorsey's Square. Today, the company announced that it is buying small Boston-based mobile-payment startup Fig Card. It seems the upstart and the incumbent are on a collision course.…

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Frothy Times for Web Angel Investing

A long list of investors putting money in a jumbo-seed round earlier than ever is not uncommon these days. It's not that there's too few investments driving up demand; to the contrary, there are many young companies taking lots of money from lots of investors.…

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