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Congrats to the founders for executing on their exit strategy. Enjoy the good life!
I wondered who, and when this would happen. I don't think the platform had the revenues to be of interest to most P/E or VC firms. Hearst is a bit of a surprise. But, I thought one of the larger auction houses or other digital media firms would want it (for example Internet brands).
Having been on both sides of these transitions, things will change, but hopefully not for the much worse.
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