tradevibes sold to venturebeat
Venture capital industry news site VentureBeat has purchased TradeVibes, a wiki info site on startups, which it is relaunching as its own startup directory site. The new site—VentureBeat Profiles—features capsule profiles on startups. Readers and the companies themselves can update basic information, submit press releases, and also explain why they’re ‘bullish’ or ‘bearish’ on the businesses (VentureBeat Editor-in-chief Matt Marshall has more on how it works here).
We have invested in Tradevibes way back in March 2008. I liked the guys and ran the QV, it came out 4.6, probably a miss hit from QV, but at least Tradevibes finally moved on, this is a good partnership. QV will write off the investment, my guess it is a share swap transaction. Good luck to the boys!
