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Ed: This is actually a pretty good read, it summarises key financial stories of the day and provides a good background explanation. Like Briefly.com but for Financial News.

Startup Name	Basically
What problem are you solving?	Financial news is complicated and without deeper background its often not possible to understand the whole story.
What is your solution?	BASICALLY sends you the 5 most popular financial news in the US and explains them in less than 200 words per story.
Why is this a great opportunity?	BASICALLY helps you understand financial news, fast.
Target Market	Business students, young wannabe investors, ages 20-30, young professionals. financial blogs.
How will you make money?	Subscriptions
Founders Names	Sivan Feingold, Ronit Schloss
Website	http://www.basically.mobi
What type of funding has the company received	Bootstrapped/self funded

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Mike88

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Mike Nicholls Australian Inventor + Entrepreneur working with a small team of engineers building prototypes from Inventions including two medical devices. Publishes Startup88.com and has assessed/reviewed +500 inventions and +200 startups in the last 3 years. Mentors Sydney Startups via Incubate and other incubators and helps members of the Australian Startup Community via the Startup88.com website with free publicity and advertising. Experience in numerous industries including Digital Publishing, Cloud Computing, Apps, Hardware, Aviation, Real Estate & Finance and Health/Medical Devices.

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Mike88