Lifecrowd Raises $5 Million From Groupon Founders for Social Activities Site

Santa Monica, Calif.-based Lifecrowd has raised $5 million in a first round of funding to build a site where users can discover social activities, ranging from wine tastings to dodgeball. Participating investors include Lightbank (started by Groupon founders Eric Lefkosky and Brad Keywell), Bullpen Capital, Baroda Ventures, Prism VentureWorks and MuckerLab, an accelerator program. The site is live in Los Angeles, San Francisco, Orange County and San Diego.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work