What Fun Is Reporting Hearst's Latest Purchase Without the Dollar Sign Porn?
Funny how in its report of Hearst snapping up online shopping comparison service Kaboodle.com, the I doesn't even bother to give us the dollar amount attached to the deal. In fact, they don't even speculate, and what fun is that?
So, we will: It's somewhere in the $30-$40 million range. [WSJ]
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Editorial Director
Congratulations to the Kaboodle team. This is some great market validation for the social shopping space. As member of Wishpot, a personal and social shopping utility, I firmly believe we have barely scratched the surface of the opportunity and innovation for social shopping.
Steven Ashby
http://www.wishpot.com