Demand Media Buys Pluck

PluckWe reportedĀ back in January that we heard Pluck was for sale. Today it’s being reported that Demand Media, run by former MySpace Chairman Richard Rosenblatt, is acquiring the company for between $50M and $60M. Pretty good for a company with about $10M in 2007 revenue. Mashable has good coverage of the news with Rosenblatt and Pluck CEO DaveĀ Panos.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

One thought on “Demand Media Buys Pluck

  1. Pingback: Pluck Signs Film.com and RollingStone.com | AustinStartup

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