CATEGORIES
- NYC COVERAGE
- WEB STARTUPS
- WEB NEWS
- CONFERENCES
- WEB TECH JOBS
- VENTURE CAPITAL
- MICROSOFT
- INTERVIEWS
- ADVERTISING
- VIDEO
- ALL TOPICS
- ALL COMPANIES
CONTRIBUTORS
- ADRIAN CHAN
- ALICIA NAVARRO
- ALLEN STERN
- CORSIN CAMICHEL
- DRAMA 2.0
- DARREN HERMAN
- HANK WILLIAMS
- MARK DAVIS
- RICK TUROCZY
- SANFORD DICKERT
- SHANNON CLARK
- Comment on YouTube Down for Maintenance by Killer
- Comment on The Absolute Most Awesome Google Maps Mashup Ever by Google Maps Gets A New Layer ? The NYC Subway | CenterNetworks
- Comment on Google Maps Launches NYC Subway/Public Transit Directions by Google Maps Get Layered With the NYC Subway | CenterNetworks
- Comment on T-Mobile USA Outage ? Service Down by khrtt
StudiVZ sold for (reportedly) 100 million euros
Reported by several sources below, StudiVZ has been sold for 100 million euros (15,712,909,113 Japanese Yen). StudiVZ is a German student Community, which resembles Facebook.
Read the articles:
- Tomatic
- Spiegel.de (English translation)
- dittes.info blog (loads of links at the bottom related to the purchase)
Corsin let me know via Skype that the 100 million euros is not confirmed.
Best I can do in the translation is that the Holtzbrinck group made the purchase. For the young firm founders the sale is the best business decision of their life – for the venture Capital companies, which had invested in the student network, they too made out on the deal.
Update from Spiegel.de: According to the official report to the sales of StudiVZ, published now, the founders of the network remain further “in the management”. Konstantin Urban, managing director of Holtzbrinck network, therefore said, the Community owes its success to the founders and all coworkers. “We are therefore pleased that the proven team remains on board”, so Urban.
