Techmeme: Crowdsourced startup funding will last only until some con man raises $10mm for their bogus startup from the crowd. I give it three years. (Jerry Neumann/@ganeumann)

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March 18, 2012, 6:55 AM

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AngelList:

SUPPORT THE JOBS ACT — Urge the Senate to pass this important startup bill Startups are forbidden to: Publicly discuss that they are raising money Raise money through crowdfunding Receive services like standard docs from incubators and online platforms Stay private if they have over 500 shareholders …

More: PandoDaily and TechCrunch. Tweets: @stevecase, @ronconway, @angellist, @cdixon and @cdixon

Jerry Neumann / @ganeumann:

Crowdsourced startup funding will last only until some con man raises $10mm for their bogus startup from the crowd. I give it three years.

Tweets: @bryce, @hepworks, @kazanjy, @bryce and @abrams

David Grant / Christian Science Monitor:

JOBS Act: Why are Democrats suddenly raising red flags? — No one wants to vote against jobs, but a wide swath of critics - ranging from the SEC, the AFL-CIO, and pension funds - worry that features in the proposed JOBS Act could hurt investors. — WASHINGTON

More: The Huffington Post

Liz Gannes / AllThingsD:

Great App-pectations: When Innovation Leapfrogs Phone Capabilities — As comic Louis C.K. would say about technology: Everything is amazing and nobody is happy. — Nowhere is that more true as app developers push the possibilities of how to use our smartphones' location awareness and reach …

More: parislemon and Tech Cocktail

Alexia Tsotsis / TechCrunch:

The Real SXSW “Winner” Is The Mophie Juice Pack — So Highlight didn't “win” SXSW, as some tech bloggers had hypothesized, for many reasons. It did however have a close relationship to what eventually ended up winning, as its background GPS turns out to significantly strain iPhone battery life.

More: PandoDaily and bub.blicio.us. Tweets: @stevejang and @antderosa

Zach Epstein / BGR:

iPad launch day: Where are all the sell-outs? — iPad launch day is quite a fiasco. Apple Stores around the country see eager customers line up hours or even days ahead of the tablet's release, and people often wait hours before they finally make it into the store to purchase an iPad — if there are any left.

More: CNET, eWeek, Softpedia News, PhoneArena, Business Insider, Bits and Computerworld

Greg Sandoval / CNET:

Paperwork goof may mean Kim DotCom can reclaim assets — New Zealand authorities may be forced to return Kim DotCom's cash and cars as a result of a procedural error. — (Credit: Screen shot by Greg Sandoval) — Authorities in New Zealand have acknowledged making a procedural error prior …

More: Gizmodo and New Zealand Herald

Eric Eldon / TechCrunch:

Rejoice, Twitter Power Users: “Next Generation” Tweetdeck Apps Coming For Android And iOS — The big Twitter redesign at the end of last year seemed to mean that the company was ditching power users to get more mainstream. The website and the mobile apps added “Connect” and “Discover” …

More: Android Phone Fans, SlashGear and MacNN

Connie Loizos / PE Hub Blog:

Esther Dyson on the Angel Crowd: It's “Very Self-Referential” — If Ron Conway is the godfather of Silicon Valley, Esther Dyson might well be considered the godmother. — At least, Dyson has been actively angel investing in startups roughly as long as Conway, and her track record …

Barry Schwartz / Search Engine Land:

Too Much SEO? Google's Working On An “Over-Optimization” Penalty For That — Google's Matt Cutts announced that Google is working on a search ranking penalty for sites that are “over-optimized” or “overly SEO'ed.” — Matt announced this during a panel Search Engine Land's Editor-In-Chief …

More: VentureBeat, CNET, Neowin.net, 9.blog and Search Engine Roundtable

Kim-Mai Cutler / TechCrunch:

Google Wallet's Founding Engineer, Product Lead Already at Work on Next Startup, Tappmo — More people leaving Google Wallet means more founders for mobile payments startups! — Jonathan Wall, a founding engineer on Google Wallet, and Marc Freed-Finnegan, its product lead …

Liz Gannes / AllThingsD:

Google Apps VP Dave Girouard Leaving to Start a Company

More: GigaOM, 9to5Google, WebProNews, Dave Girouard, VentureBeat and SiliconANGLE. Tweets: @eldon

Alex Dobie / Android Central:

CyanogenMod 9 makes root access an option, not the default — Since the earliest days of unofficial Android ROMs, root access and custom firmwares like CyanogenMod have gone hand in hand. However, future versions of CyanogenMod will take a step back from always-on root …

More: CyanogenMod, Examiner, The Verge, Techie Buzz, Softpedia News, Engadget, Android Phone Fans, Android Community and Geek.com

Elinor Mills / CNET:

Privacy suit filed against Path, Twitter, Apple, Facebook, others — Thirteen individuals have filed a lawsuit against more than a dozen mobile app makers—including Path, Twitter, Apple, and Facebook—who were accused of automatically uploading user address books without permission.

More: VentureBeat, FierceMobileContent and MobileBurn.com

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