What's New in Consumer Web - September 24, 2010

It took Get Satisfaction three years to raise 10.9 million dollars in funding and two months after launching their site BranchOut raised $6 million. Consumer Web companies are getting capital left and right and collaboration or “crowd-sourcing” is the new dot com. Most retail stores and businesses have ‘Follow Us’ signs for Twitter and ‘Like’ signs for Facebook without much knowledge of what to do or manage growing fans. Pretty soon people will be able to collaborate for just about anything online however it won’t erase the fact that the economy is entering a severe depression with current unemployment rates in the double digits in most states and any gaps in protection or necessity is being filled by the web.

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