Well, that didn’t take long.  Shortly after TechCrunch predicted that TwitJump would be acquired by Twitter in 2010 a virtual firestorm of activity ensued.  I received a number of term sheets from some very strong companies.  I’m thrilled with the result.  It will be fun to formally announce it next week.  TwitJump will have some INCREDIBLE new features rolling out under the new ownership.  Watch for updates.  In the meantime, it’s kind of crazy that an idea I had 8 months ago was sold this past week.  It’s fun being an entrepreneur and these types of experiences are why we/I do it I guess.  I couldn’t be happier with the result.

Next big thing?  FundingUniverse.  We are well on our way to breaking $100MM in sales and changing the entire landscape for small businesses.  Well beyond funding, we are building a platform to help all stages of business with a variety of needs.  I love what we do as I mentioned in a previous post.

Stay tuned for more exciting stuff :)

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4 Comments to “TwitJump Was Officially Acquired This Week”

  1. Scot says:

    Congratulations! TwitJump is a great product and a great story.

  2. Alex says:

    Thanks Scot. I’m glad you like the product. Some really cool new features will be out including a free iPhone app that’ll rock.

  3. Eric says:

    Wow, congratulations. Just signed up for the app–can’t wait to give it a spin.

  4. Jeff says:

    Nice work, Alex! Congratulations.

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