College students raise 100K+ to start Facebook alternative – Holy Kaw!

Four New York University students hoping to build a Facebook rival that respects user privacy have raised more than $100,000 without the help of VCs or a winning lottery ticket. The new social networking site, dubbed Diaspora, originally set a goal of raising $10,000 by June 1st, but, as of Thursday, has raised upwards of $100,000 with more than two weeks to go. Nearly 3,000 backers have donated cash to the cause via fundraising platform start-up Kickstart. The NYU programming students say the money will go towards building “an open source personal web server that will put individuals in control of their data.”

Full story at CNet or donate via Kickstart.

More on social media.

Cool, inspiring story.

About Scott Hunter

Editor of The Star newspaper in Grand Coulee, observer of life, history, patterns in things that matter.
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