Tuesday, July 15, 2008

Twitter buying summize - let's hope it was mostly equity

A year ago Twitter consisted of 5 guys in a tiny shared office. Now they're apparently big and bold enough to buy 5 guys in an office for $15MM according to Alley Insider. Seems pretty frothy to me - couldn't they have hired 5 guys for $500k a year and done this themselves? Well, congrats to the Summize folks and all the best to Twitter.


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