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Where Are They Now: Klout, DropBox, Assistly

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In early 2011, we looked at Assistly, Dropbox and Qriously as tools that could help small businesses and startups. We had to take a look — where is everyone now? So far the tools, apps, companies we’ve been watching are steadily growing up into first movers and disrupters. Of our three follows above we have one acquisition, one member of the billion-dollar valuation club and one positioned to be there soon. We might even see an IPO from this group. One thing is for sure: social media isn’t going away and those who are mastering it are riding the wave to the top.

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Foursquare Raises $41 Million to Not End Up Like Groupon

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Since 2009, Foursquare has redesigned everything about its local search service except its revenue strategy while competitors like Groupon and LivingSocial have raced ahead. But there is a method to this company’s madness. Bloomberg reports that Foursquare has raised $41 million in debt financing rather than shares to give Foursquare time to expand before investors start demanding a profit.

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Soldsie Raises $1 Million to Turn Facebook Comments into Dollar Signs

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Soldsie, a service for making purchases within Facebook comments, has raised $1 million from FundersClub 500 Startups, and e.ventures, the company announced today. The purchasing method mimics the natural interactions that people have with their friends on Facebook. “It’s fun, it’s conversational, and it’s visible,” said Soldsie CEO Chris Bennett in a phone interview.

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