Earlier this month, when Demand Media purchased Pluck, the price wasn’t disclosed. But judging from a comment made last night at a post-merger shindig held in Austin, Texas, the social news software startup was worth $70 million. “I should have gotten a t-shirt for $70 million, and all I got was this,” Demand CEO Richard Rosenblatt said after Pluck CEO Dave Panos passed him a stack of presents. Inside was a Texas-sized lode of stereotypes from a cowboy hat to a bullwhip — which, if the economy continues to falter, Rosenblatt may need to crack.
Party Update: Pluck Purchase Price —
Most Comments
- S3 Outage Highlights Fragility of Web Services
- Om Malik, July 20, 47 comments
- Why Silicon Valley Should Be Worried
- Om Malik, July 17, 41 comments
- GigaOM Acquires jkOnTheRun
- Om Malik, July 22, 36 comments
- Why Metered Broadband Is Bad for Microsoft, Google & Us
- Allan Leinwand, July 17, 27 comments
- F|R Crib Sheet: 15 Sites to Cut Your Startup Operating Costs
- Carleen Hawn, July 19, 27 comments
Highest Rated
- Why Metered Broadband Is Bad for Microsoft, Google & Us
- Allan Leinwand, July 17, 73%
- Inside the Cloud: 9 Sectors to Watch
- Alistair Croll, July 20, 79%
- Why Silicon Valley Should Be Worried
- Om Malik, July 17, 62%
- S3 Outage Highlights Fragility of Web Services
- Om Malik, July 20, 73%
- iPhone Users: Despite Rumors, AT&T Wi-Fi Not Live
- Om Malik, July 18, 61%
Leave a Comment