transactions
Now that Evan Williams and co. have decided to focus on mobile social net Twitter, they're putting MP3-o-rama
Odeo on the
block. Williams
ruminates on the oddness of a low-key blog sale of a subsantial net property, since the offered lot of "odeo.com and studio.odeo.com, including all code, the domain, brand, database of three million MP3s, etc." is just a chunk of tech and data (no company or business is included). Williams feels strongly enough about Odeo that he
bought it back from investors. Despite "some conversations with potential buyers," he must be looking for something more. But what?
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odeo
Odeo, a podcasting site started by Evan Williams, who already made a tidy little fortune selling Blogger to Google, is buying back the share owned by investment firm Charles River Ventures. A source told Valleywag, Evan made the decision to dump investors (the venture capitalist aren't happy), which leads us to believe Williams still greatly cares about the company and has plans for Odeo's future. The source also says Evans never needed the money but was scared not to take it, and Charles River is now shopping around for a new podcast companies to invest in.
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yelp
- "Google Determined To Reintroduce Goatee To NYC." Incontrovertible photo evidence inside. [PSFK]
- Audioblogger, the blog-by-phone service from Odeo, stopped returning my calls. Was it something I said? [Odeo via Kingsley Jegan Joseph]
- ComScore reports that over half of MySpace's users are over 35— [ComScore]
- —which one ad exec immediately refutes. [John DeMayo]
- "Does anyone know anything about social networking?" asks a blogger at paidContent. Yes, he says, if we try modeling it after the oil industry. Gee, that's promising. [paidContent]
- Naughty bloggers find instances of coders gone mad by using Google Code Search to find instances of "WTF" and "pray it works." [Supr.c.ilio.us]
- Yelp is great and all, but why did it take another $10 million in funding? Where did the other $6 mil go, was it all stuffed down the g-strings of the girls getting wild at the startup's crazy parties? [VentureBeat]