Thursday, July 26, 2012

Wikipedia Bots

Image representing Wikipedia as depicted in Cr...
Image via CrunchBase
Did you think it was only humans?

Meet the 'bots' that edit Wikipedia
"Wikipedia would be a shambles without bots" ..... English Wikipedia alone surpassed four million articles this month. It contains an estimated 2.5 billion words, equivalent to millions of pages, and it is 50 times larger than the Encyclopaedia Britannica. ..... The bots perform a wide range of editorial and administrative tasks that are tedious, repetitive and time-consuming but vital. .... The site was founded in 2001, and the next year, one called rambot created about 30,000 articles - at a rate of thousands per day - on individual towns in the US..... In 2008, another bot created thousands of tiny articles about asteroids, pulling a few items of data for each one from an online Nasa database.
Enhanced by Zemanta

Grassroots Investing

English: Diagram of the typical financing cycl...
English: Diagram of the typical financing cycle for a startup company. (Photo credit: Wikipedia)
FundersClub Wants To Bypass VC And Let YOU Invest In Startups
If this all sounds like it could usher in a new era of investment, that indicates only that you are still sane. Yesterday it may have taken $20,000 or $250,000 to invest in a startup. Not it takes just $1,000 and a solid nest egg. What’s more, hedge funds, real estate investing, or lending could be the next financial systems upended by a startup like FundersClub.
It used to be called the friends and family round. It still is.

But the idea that you can go out there to raise first few thousand dollars is inherently liberating. You raise money out there from the get go. Small sums from a bunch of people.

There's room for many crowdfunding startups. FundersClub seems to yet another promising entry into the space.
Enhanced by Zemanta