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	<title>Marketplace News</title>
	<link>http://www.fedbid.com/news/categories/marketplace/</link>
	<description>Recent news and press releases from FedBid</description>
	<pubDate>Thu, 17 May 2012 06:35:47 -0400</pubDate>
	<ttl>60</ttl>
	<item>
		<title>FedBid: Fueling the Double Bottom Line</title>
		<description><![CDATA[AOL Vice Chairman, NHL Washington Capitals and NBA Wizards owner, Revolution Growth Fund Partner and FedBid Board Member, Ted Leonsis believes businesses do well by doing good; when businesses live by the ethos of giving more than they take, they have happy employees and are successful as a result – an effect he calls the “double bottom line”. Here, on his personal blog, Ted offers insight on what makes FedBid a double bottom line company.]]></description>
		<pubDate>Fri, 27 Apr 2012 17:02:13 -0400</pubDate>
		<link>http://www.fedbid.com/news/articles/fedbid-fueling-the-double-bottom-line/</link>

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		<title>FedBid Announces Department of Commerce Contract Award</title>
		<description><![CDATA[VIENNA, VIRGINIA, April 17, 2012 - FedBid, Inc., the online reverse auction marketplace, announced today that the United States Department of Commerce has awarded the company a new multi-year agreement to provide reverse auction services. The new award includes a base year plus four option years.]]></description>
		<pubDate>Mon, 16 Apr 2012 14:05:19 -0400</pubDate>
		<link>http://www.fedbid.com/news/pr/fedbid-announces-department-of-commerce-contract-award-follows-recent-awards-by-department-of-education-and-library-of-congress/</link>

	<guid>http://www.fedbid.com/news/pr/fedbid-announces-department-of-commerce-contract-award-follows-recent-awards-by-department-of-education-and-library-of-congress/</guid>
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	<item>
		<title>The Most Influential Federal IT Leaders Since 1987: A Short List</title>
		<description><![CDATA[Federal Computer Week features Dr. Steven Kelman, on its just-released power list of the most influential leaders shaping federal IT policies and technologies. Kelman, the former head of the Office of Federal Procurement Policy in the White House&#8217;s Office of Management and Budget, continues to elevate and advocate the need for acquisition innovation as a key member of FedBid&#8217;s Advisory Board.]]></description>
		<pubDate>Mon, 16 Apr 2012 14:44:44 -0400</pubDate>
		<link>http://www.fedbid.com/news/articles/the-most-influential-federal-it-leaders-since-1987-a-short-list/</link>

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		<title>Steve Case, Ted Leonsis Fund Ebay For Feds</title>
		<description><![CDATA[Billionaire Steve Case and Washington Capitals owner Ted Leonsis have invested in Vienna-based Fedbid, an online marketplace in which private companies sell products to government agencies. The cash infusion marks the first investment by the Revolution Growth Fund, a $450 million fund backed by the America Online co-founder, Leonsis and Donn Davis, former CEO of Exclusive Resorts.]]></description>
		<pubDate>Fri, 20 Jan 2012 23:54:17 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/steve-case-ted-leonsis-fund-ebay-for-feds/</link>

	<guid>http://www.fedbid.com/news/articles/steve-case-ted-leonsis-fund-ebay-for-feds/</guid>
	</item>
	<item>
		<title>FedBid Attracts Private Investors With Cost-effective Acquisition Model</title>
		<description><![CDATA[The decision by entrepreneurs Ted Leonsis and Steve Case to make Vienna-based FedBid Inc. the first investment for their $450 million Revolution Growth fund reflects not only on the company&#8217;s success but the growing appeal of its business model to budget-strapped federal customers.  The goal of the investment is to accelerate the growth and reach of FedBid, which has seen the annual value of purchases made through its online portal rise more than 60 percent since 2008.]]></description>
		<pubDate>Tue, 17 Jan 2012 12:34:41 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/fedbid-attracts-private-investors-with-cost-effective-acquisition-model/</link>

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		<title>Revolution Growth Fund Makes First Investment in FedBid</title>
		<description><![CDATA[January 17, 2012—Washington, DC —Today, FedBid, Inc., which operates the FedBid online marketplace at www.FedBid.com, announced that it has received the first investment made by the Revolution Growth fund, which was launched in December 2011 by Steve Case, Ted Leonsis and Donn Davis.]]></description>
		<pubDate>Wed, 18 Jan 2012 17:45:04 -0500</pubDate>
		<link>http://www.fedbid.com/news/pr/revolution-growth-fund-makes-first-investment-in-fedbid-as-company-continues-growth-into-new-government-and-corporate-markets/</link>

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	<item>
		<title>Revolution Growth Invests in Vienna-based FedBid</title>
		<description><![CDATA[Washington entrepreneurs Ted Leonsis and Steve Case have made the first big investment with their $450 million Revolution Growth fund, acquiring a major stake in Vienna-based FedBid, which they hope to grow into an online marketplace for tens of billions of dollars in government procurement. The investment was made less than two months after the two former AOL executives announced the formation of the fund, a private investment vehicle designed to reignite the high-tech, entrepreneurial culture that dominated Washington in the 1990s.]]></description>
		<pubDate>Mon, 16 Jan 2012 21:12:51 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/revolution-growth-invests-in-vienna-based-fedbid/</link>

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		<title>Federal Computer Week - Reverse Auctions: A Bid For Budget-conscious Business</title>
		<description><![CDATA[Federal Computer Week’s Matthew Weigelt follows up on his prior report on use of reverse auctions by the federal government with an in-depth look at their application in the State Department. According to State’s director of acquisition management, Cathy Read, agency officials must consider tools like reverse auctions or they won’t be able to adjust to the ongoing need to reduce the cost of government operations.]]></description>
		<pubDate>Sun, 11 Dec 2011 22:50:47 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/federal-computer-week-reverse-auctions-a-bid-for-budget-conscious-business/</link>

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	</item>
	<item>
		<title>Federal Computer Week-Bidding For Savings: Reverse Auctions Gain New Favor</title>
		<description><![CDATA[Federal Computer Week examines Dr. David Wyld’s new report that explores how federal agencies can save time and money by using reverse auctions for appropriate commodities and selected services. Reporter Matthew Weigelt notes significant savings figures from the report, including potential savings at DoD of $6.1 billion and up to $15 billion across the federal government.]]></description>
		<pubDate>Mon, 07 Nov 2011 12:24:44 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/in-the-news/</link>

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	</item>
	<item>
		<title>Fast Company Expert Blog: Coordination is King</title>
		<description><![CDATA[Kaihan Krippendorff, expert blogger for progressive business publication Fast Company, highlights FedBid’s efforts to help government agencies realize success in their acquisition process through the company’s full-service online marketplace. Krippendorff describes FedBid as an effective means for buyers to reinvent how they buy products to support agency operations.]]></description>
		<pubDate>Mon, 11 Jul 2011 13:35:09 -0400</pubDate>
		<link>http://www.fedbid.com/news/articles/fast-company-expert-blog-coordination-is-king/</link>

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