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Twitter’s Acquisition, Chirp & Managing Developer Relationships

Both Sides of the Table

But wait, aren’t you the guy who invested in Ad.ly, the in-stream advertising company? Two things : 1) when I invested in Ad.ly I think Twitter made a minor gaffe by announcing their Blackberry app and their acquisition of Atebits (Tweetie) before the Chirp conference. Think about the creative tension.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

socalTECH

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

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Grindr sold by Chinese owner after US raised national security concerns

TechCrunch LA

Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based based company, San Vicente Acquisition Partners. Last year, it was reported that while under Chinese ownership, Grindr allowed engineers in Beijing access to the personal data of millions of U.S. That ownership was later scrutinized by a U.S.

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RayTracker Acquisition Worth $44.8M, Says Report

socalTECH

A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M on their investment. in funding in RayTracker a developer of solar tracking technology. RayTracker was a spinout of Idealab's Energy Innovations.

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Report: Hulu Hires Guggenheim Partners To Sell Company

socalTECH

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

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Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

MiTú, based out of Los Angeles, was founded in 2012 by three veterans from the Hispanic media world: Beatriz Acevedo ( recently named on the 25 most important digital media players on The Hollywood Reporter !) , Doug Greiff and Roy Burstin. I outlined in this post how I believe YouTube Networks can still build high-margin businesses.

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