Here's another young company that's using its venture funding
to (metaphorically) rent a U-Haul truck and move to the
(metaphoric) center of the software universe: San Francisco.
Tinypay.me , founded in March 2010 in the Netherlands, snagged $1
million from Aksoy Internet Ventures , based in Turkey, in August.
Chairman Taner Aksoy told TechCrunch that he thinks Tinypay.me will
be a big hit globally. So what does it do? Tinypay.me is an
e-commerce platform that makes it easy (and quick) for people to
sell physical and digital items. After login, a user can, within 60
seconds, put an item up for sale, notify friends through Facebook
and Twitter , and immediately receive payments through PayPal . As
a platform, Tinypay.me also lets other websites and developers
offer the same e-commerce experience to their own users, via an API
. In a recent interview, Tinypay.me co-founder and chief marketing
officer (CMO) Richard Straver gave us his company's history and his
take on what makes software startups grow. Tip #1: Your seed money
can sprout from unexpected places. The funding from Aksoy is "kind
of a funny story," Straver says. "We had a couple dozen investors
approach us because we won some...Read more
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