Plastc, an unpronounceable brand that promised to bring out a digital card storing up to 20 credit cards, has folded. Operating from the domain Plastc.com, the start-up announced that due to failed attempts to receive investor funding of $6.75 million, it’s closing down. In the process, they are not only laying off all employees, they’re […]Copyright © 2017 DomainGang.com · All Rights Reserved.
Lily Camera RIP : Company files for bankruptcy after taking in $34 million dollars in pre-orders and investments
Lily Robotics, a start-up operating from the domain Lily.Camera, has filed for bankruptcy, having taken in more than 60,000 pre-orders that were never shipped. After seed investors poured in millions of dollars in funding, the company started taking in discounted pre-orders for a revolutionary drone that possessed advanced navigation capabilities. The footage, however, was shot […]Copyright © 2017 DomainGang.com · All Rights Reserved.
Seed funding is the earliest stage of venture funding; it helps pay for a start-up company’s expenses, while they are getting started. Y Combinator is a platform for angel investors, providing seed funding for startups. How much funding a start-up needs depends on the kind of company one launches. At Y Combinator, small investments are […]Copyright © 2017 DomainGang.com · All Rights Reserved.
Indian start-ups are enjoying an increased availability of angel investment capital, in an emerging market. Many seize this opportunity to spend money on brand development, including the acquisitions of premium domain names. While numbers differ in India in terms of absolute numbers, spending 30% of one’s budget to achieve brand awareness and secure a domain […]Copyright © 2017 DomainGang.com · All Rights Reserved.
A great investigative article at GIGAOM unveils “The dark side of .io” – the article reveals how the only benefactor from the registration of dot .io domains, is the British government. Making earnings from a “shady Cold War land deal“, the article describes the formation of the British Indian Ocean Territory, part of which is […]Copyright © 2017 DomainGang.com · All Rights Reserved.