An Interest In:
Web News this Week
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
Some of Our Sources
- BoingBoing
- Engadget
- Mashable
- Spoon Graphics
- Six Revisions
- TutsPlus - Design
- Naldz Graphics
- Fudge Graphics
- Wal You
- Spyre Studios
Help Webnuz
Referal links:
December 13, 2011 12:58 pm GMT
What the headline says, basically, according to two sources. That and multiple sources are telling me that a majority of Gowalla investors were cool with the deal being entirely in Facebook shares, because those are likely to be more profitable moving forward -- as Facebook approaches IPO.Other sources are saying that the "Investors vs. Founders" sentiment isn't a reflection of the majority of Gowalla investors (Jason Calacanis wrote an entire blog post about this) and that the deal was done with full board backing. The team, many of which will not be moving on to Facebook, did not get a significantly better deal than investors I'm hearing.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pxZNt9mdaU0/
Gowalla Went For $3M In Facebook Shares, And Many Investors Were Cool With That
What the headline says, basically, according to two sources. That and multiple sources are telling me that a majority of Gowalla investors were cool with the deal being entirely in Facebook shares, because those are likely to be more profitable moving forward -- as Facebook approaches IPO.Other sources are saying that the "Investors vs. Founders" sentiment isn't a reflection of the majority of Gowalla investors (Jason Calacanis wrote an entire blog post about this) and that the deal was done with full board backing. The team, many of which will not be moving on to Facebook, did not get a significantly better deal than investors I'm hearing.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pxZNt9mdaU0/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch