Photo site Shutterfly goes mobile, acquires Tiny Pictures for $1.3M(digital.venturebeat.com)
digital.venturebeat.com
Photo site Shutterfly goes mobile, acquires Tiny Pictures for $1.3M
http://digital.venturebeat.com/2009/09/13/photo-site-shutterfly-goes-mobile-acquires-tiny-pictures-for-13m/
That's quite a loss...Their $7.2M Series B just happened in Feb '08. What did they do with all that money?