Pulse2 Technology and Social Media News » Tony Hsieh http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Kevin Rose’s Milk Inc. Raises $1.5 Million http://pulse2.com/2011/04/27/kevin-roses-milk-inc-raises-1-5-million/ http://pulse2.com/2011/04/27/kevin-roses-milk-inc-raises-1-5-million/#comments Wed, 27 Apr 2011 06:04:55 +0000 Amit Chowdhry http://pulse2.com/?p=46383 Continue reading →]]>
Milk Inc. is a new company that was co-founded by Kevin Rose. Rose is the founder of Digg and co-founder of Revision3. Milk is essentially a company where several developers brainstorm technology and mobile ideas and works away at building them. If there isn’t any sudden traction, then the project gets shut down. Milk has raised $1.5 million in angel funding from well known investors. Investors include Mike Maples, Jr. (Floodgate), David Sze (Greylock Partners), Ron Conway, Dave Morin, Philip Rosedale, Evan Williams, Joshua Schachter, Ashton Kutcher, Michael Arrington, Philip Kaplan, Chris Sacca, Tony Hsieh, Gary Vaynerchuk, and several others. [VentureBeat]

]]> http://pulse2.com/2011/04/27/kevin-roses-milk-inc-raises-1-5-million/feed/ 1 HealthyWage Rewards You For Being Fit http://pulse2.com/2009/09/15/healthywage-rewards-you-for-being-fit/ http://pulse2.com/2009/09/15/healthywage-rewards-you-for-being-fit/#comments Tue, 15 Sep 2009 22:52:20 +0000 Amit Chowdhry http://pulse2.com/?p=20391 Continue reading →]]> healthywage-logo
HealthyWage is a new service that focuses on rewarding people for working on being more fit. According to the company presentation, about $2.4 trillion is spent annually on healthcare in America. A majority of that amount goes towards chronic diseases caused by bad habits. These include obesity, diabetes, sleeping disorders, stress, and smoking.

Because of this problem, HealthyWage launched at the TechCrunch50 conference. Those that return to the website daily and report specific data about their habits can earn about $1,000. When registering for the website, participants answer questions as part of a health risk assessment.

People or companies can put down a $200 bet that they will get a certain BMI within a certain span of time. The people or companies will lose that money if the individual is unable to meet that goal.

Unfortunately the way that HealthyWage makes money is from the losers that cannot make their goals. HealthyWage would also make money by selling health history to food and drug manufacturing and retail companies. At the conference Tony Hsieh, CEO of Zappos said that he would use the service.

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