Hey, entrepreneurs, we’re living in a bubble

No, not that kind of bubble.  The bubble we’re living in is actually much more dangerous than the classic tech bubbles that inevitably come and go, because this particular bubble may well prevent American entrepreneurs from playing a leading role in shaping the future.

LocalResponse checks in to social TV advertising with Philo acquisition

Now businesses can keep an eye on consumers checking in in TV land and the real world at the same time. LocalResponse, a company that helps businesses monitor and respond to check-ins, today announced its acquisition of Philo Media Corporation, which has created a way for TV and theatrical studios to deliver real-time messages to consumers. Financials were not disclosed.

Scoutmob lands $1.5M more for location-based group deals

Scoutmob, a location-based group deals company, plans to announce tomorrow that it has secured a first round of funding for $1.5 million, according to New Atlantic Ventures representatives, who led the funding. The new funding will be used to roll out its deal service to new cities, continue development and hire more employees.