Congrats to Albert, Chris, Maz and team

[David Crow]

As seen on SocialWrite.com, Bubbleshare acquired for $2.25M
http://markevanstech.com/?p=2010

[John Philip Green]

and on TechCrunch:
http://www.techcrunch.com/2007/01/04/bubbleshare-finally-gets-its-payday/

Congrats guys!

[Deborah Hartmann]

Interesting comment on that site... worth a comment, probably:

15. Gannon

January 4th, 2007 at 5:47 pm
<http://www.techcrunch.com/2007/01/04/bubbleshare-finally-gets-its-payday/#comment-660868>

I don’t understand how this is possible. As far as I can tell, the
site doesn’t make money, but simply pays money to allow anyone to
put photos online… And a company buys it for 2.25 million. If
someone can explain to me how this site is worth all of this money
(or direct me to an article), it would be greatly appreciated.

--

Deborah Hartmann
Agile Process Coach
deborah AT hartmann DOT net
mobile: fouronesix 996 4337

"Learn the principle,
abide by the principle, and
dissolve the principle."
-- Bruce Lee

[Dave Forde]

This is great news for the T. community
(http://profectio.com/kaboose-scoops-up-bubbleshare/)

So who's next??? We need some strong companies to profile as part of
TTW (Toronto Technology Week) -
http://profectio.com/toronto-technology-week-may-28-to-june-1-2007/

PS - when is Albert going to open a "how to launch & sell a successful
business" :)

[Mark Kuznicki]

I think the comment shows that many people do not understand how
valuable photo-sharing and other great Web 2.0 features can be to
complement the existing business models for companies whose main
business is NOT photo-sharing.

Maybe there can be only one or two mass market Flickr, but as soon as
Flickr showed up many other media companies took note and started to
think about how they can exploit photo-sharing to enhance the value of
their existing offerings. Kaboose focuses on the kids and parents
market by offering content geared to them. BubbleShare's cool
storytelling features are a natural fit for this audience. And Kaboose
doesn't have to build from scratch and gets a great team to continue
development.

Makes sense to me.

On Jan 5, 9:36 am, Deborah Hartmann <debo...@hartmann.net> wrote:
> Interesting comment on that site... worth a comment, probably:
>
> 15. Gannon
>
> January 4th, 2007 at 5:47 pm

> <http://www.techcrunch.com/2007/01/04/bubbleshare-finally-gets-its-pay...>

>
> I don't understand how this is possible. As far as I can tell, the
> site doesn't make money, but simply pays money to allow anyone to

> put photos online... And a company buys it for 2.25 million. If

[Kristan Uccello]

Hi all,

Word on the street (developer street anyway) is that it was a hire by aquisition.
Kaboose being a T.O. company and knowing some of the players involved in this deal it appears to be Kaboose hiring some A+ tallent into their developer pool. I think the $2.25Mil sale was simply to attact said tallent over to Kaboose.

In the end it really doesn't matter. This is all good for all of us in the T.O. scene.

Cheers,

K.