Around the Web: Online startups grabbing market share

Here’s a startup to watch:  it’s called Patch, and it’s a company that goes into towns without a community newspaper or where the paper is struggling and starts a hyperlocal Web site.  Patch is exclusively advertising-supported.  Advertisers can either buy the traditional ad or get an ad where they pay by page views -- $15 per thousand at this point.  Check out this Forbes article – Patch and other similar ventures are showing some success, and we predict that it won’t be long before more start popping up in Texas.