Seems like truemors site isn't working. But 5 to 10 employees? You gotta be kidding me. This is probably a deal for them to get Kawasaki on their board to be able to get venture capital.
"Hey guys buy my crappy start up for 10-20 grand, so I can get back my investment of $12,000 that I paid to register those 500 domains, and I'll join your board so you can tell VCs you have the great Kawasaki on your board and get money!"
I think the most interesting thing is the huge press push around such a tiny acquisition. If nothing else Kawasaki is really good at getting publicity for really mediocre sites
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Seems like truemors site isn't working. But 5 to 10 employees? You gotta be kidding me. This is probably a deal for them to get Kawasaki on their board to be able to get venture capital.
"Hey guys buy my crappy start up for 10-20 grand, so I can get back my investment of $12,000 that I paid to register those 500 domains, and I'll join your board so you can tell VCs you have the great Kawasaki on your board and get money!"
Sounds like a great strategy to me
Guy Kawasaki's biography should be titled "Falling Ass-Backwards Into Money."
I think the most interesting thing is the huge press push around such a tiny acquisition. If nothing else Kawasaki is really good at getting publicity for really mediocre sites
"remember truemors?" "no"
none the less - quick turnaround and maybe a 2-3x return for Guy and crew, not bad at all.
Isn't this his first successful startup?
Successful - that's cute.