Motorola Close To Acquiring Cloud Storage Startup Zecter (YC S07)(techcrunch.com)
techcrunch.com
Motorola Close To Acquiring Cloud Storage Startup Zecter (YC S07)
http://techcrunch.com/2010/12/21/motorola-close-to-acquiring-cloud-storage-startup-zecter/
10 comments
I guess YC companies really are all on sale for Christmas.
I suspect the potential increases in the capital gains rate made founders push a little harder for a this-year close.
As it turns out, rates won't be increasing, but the prospect of an extra 5% tax likely started a lot of acquisition conversations which are now playing themselves out.
As it turns out, rates won't be increasing, but the prospect of an extra 5% tax likely started a lot of acquisition conversations which are now playing themselves out.
A 5% increase pushed what appear to be a raft of firesales?
Maybe there is something else happening inside this incubator that nobody is telling?
Maybe there is something else happening inside this incubator that nobody is telling?
or even large companies are thinking "hey, now is a good time to buy what we're interested in!". The cause doesn't have to be YC related :p
Zecter's _Zumocast_ app just got picked by Macworld as one of the best apps of the year, incidentally: http://www.macworld.com/article/156321/2010/12/appgems_media...
Congrats Zecter team - I do hope you will convince Motorola to keep ZumoCast alive and awesome.
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Congrats Zecter team. Does anybody know the sale price?