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1 August 2008 Comments Off

Young TechStars Become Grizzled TechVeterans

I’m not usually one to cover breaking news, but this demands it. Not so much because Boulder-based SocialThing is a great company or that they are aparticularly good exampleof a great company acquired by an even greater company. Frankly, it’s neither. But it deserves a huge congratulations nonetheless.

TechStars, a YCombinator-style early incubation investment co-op(?), has a major exit by being acquired by AOL. Hats off to SocialThing and the young entrepreneurs behind it for making a very quick exit in a difficult market.

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