Paid Twitter wannabe App.net hits $500K target with time to spare

Paid Twitter-style service App.net has achieved its self-imposed $500,000 funding goal with almost two days still left on the clock. The social platform is the brainchild of Dalton Caldwell, who said he wanted to spawn a service dedicated to users instead of advertisers. It was originally pitched to Facebook, but the two companies came to loggerheads when it clashed with the social network's own App Center - inspiring Caldwell's Kickstarter-style campaign. Though the software is still in alpha, over 10,000 backers have paid $50 for an annual membership or put down $1,000 for support, developer tools and a meeting with the founder.

Engadget , Paid Twitter wannabe App.net hits $500K target with time to spare, Paid Twitter wannabe App.net hits $500K target with time to spare