Originally posted on VentureBeat:
The new social utility that serial entrepreneur Dalton Caldwell started in response to being, in his words, screwed by Facebook, is live. App.net, which Caldwell ran a Kickstarter-ish campaign to fund, blew through its $500,000 goal and currently sits at $595,150.
And counting, with 31 hours left.
Caldwell announced the success on his own site, taking pains to state that third-party verification of the funding process will follow. App.net’s home page has the current results: 8,894 backers who contributed the almost $600,000, including 58 who signed up for the Pro tier at $1,000, which includes developer access, phone support, and a personal meeting with Caldwell.
App.net is a different kind of social platform, as Caldwell is fond of saying. Users can’t join for free; they pay $50/year for the privilege. Like Twitter, users post status updates and follow friends and…
View original 200 more words