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LITT co-founders Brent Thompson and Peter Salom. Source: supplied. Aussie social media startup Litt has raised $1.5 million through an equity crowdfunding campaign, and it’s broken a few records along the way. The Perth-based startup became the fastest business to raise $500,000 through an equity crowdfunding campaign. It reached the milestone and its minimum target in just 40 minutes. Within 11 hours, it became the second-fastest business to pass the $1 million mark. This is second only to fintech Thrive, which hit $1 million in less than two-and-a-half hours just weeks ago. Litt is also reportedly the fastest startup to have reached its maximum target. It topped out the $1.5 million raise late Thursday night on equity crowdfunding platform Birchal. ....
Australian rival to Facebook slams social media giant's 'bullying' tactics dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.