BACKSTAGE PASS: Check Out Lot18, The Startup That Generated Millions Of Dollars In Just 6 Months

There are a lot of flash sale startups, but Lot18 is quickly rising to the top of the stack.

In just six months, it generated millions in monthly revenue. It has more than 200,000 users and that number is growing by 1,000 users per day.

Lot18's ability to scale quickly attracted investors too; it raised a $10 million Series B round last month.

How are they doing it?

We ducked behind the scenes to see the startup in action.

Lot18 just moved to a larger office on east 32nd street in Manhattan.

Josh Mohrer is our tour guide. He is Lot18's senior director of marketing and business development.

The startup is growing like a weed; conference rooms are already scarce in the new space so Arianna Sharei and Tiffany Luck settle for a meeting on the entranceway couch.

See the rest of the story at Business Insider

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CHART OF THE DAY: The iPad Is Still The Only Tablet That Matters (AAPL, GOOG, RIMM)

It's been more than a year since Apple's iPad started shipping, and around the world, it's still overwhelmingly the only tablet that matters.

ComScore just released a bunch of stats about traffic consumption on non-PC devices in 13 countries, including tablets, smartphones, and other devices, such as the iPod touch.

We analyzed comScore's data to focus just on tablet usage, and charted the iPad's traffic share in each country. It was 95% or higher in 12 of the 13 countries, with Android the second-place finisher in most countries (and "other" in Canada, home of RIM).

Of note: China isn't one of the countries reported by comScore in this data. That could be a market where Android does particularly well. We'll see. And, of course, plenty more competition is on the way from the likes of HP, Microsoft, etc. But for now, the iPad stands alone.

Follow the Chart Of The Day on Twitter: @chartoftheday

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