Party Update: Pluck Purchase Price

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.

Comments (0)

Rating: 53% Thumbs Up Thumbs Down

Leave a Comment

Get the comments RSS feed, instant notification of new comments

Most Comments

Sequoia Rings the Alarm Bell: Silicon Valley Is in Trouble
Om Malik, October 8, 147 comments
We Have Completed $4.5 Million in New Funding
Om Malik, October 6, 96 comments
Inside Details of Sequoia Capital’s Doomsday Meeting With its Companies
Om Malik, October 9, 48 comments
Wholesale Internet Bandwidth Prices Keep Falling
Om Malik, October 7, 20 comments
Obama Campaigning on Xbox 360?
Wagner James Au, October 10, 7 comments

Highest Rated

Inside Details of Sequoia Capital’s Doomsday Meeting With its Companies
Om Malik, October 9, 74%
Why Digg Should Buy StumbleUpon
Om Malik, October 7, 200%
Venture Firms Pull Back, But Not for Long
Stacey Higginbotham, October 9, 70%
Lijit Launches Publisher Ad Network
Om Malik, October 7, 58%
Broadband Bill Needs Signature and Funding
Stacey Higginbotham, October 7, 67%
Close
E-mail It