Below is a portion of a port in which TwitHawk was named as a potential acquisition in 2010 from the following TechCrunch post:
http://www.techcrunch.com/2010/01/03/top-ten-digital-deals-2010/
Kelly Porter
, an M&A expert at Woodside Capital Partners
, proposes ten digital media deals he’d like to see. None of the companies mentioned in this editorial are clients of Woodside Capital Partners.
4. Twitter acquires Twithawk, TweetMeme, bizz.ly, Skout and TwitJump
Some believe Twitter should sell to a larger company, but they are missing the greater opportunity. Twitter enjoys massive potential as a standalone company. It is reminiscent of Yahoo! in 1995—a single compelling product, lots of traffic, growth potential and buzz, and poised to dominate several markets—in this case, the markets surrounding all things realtime. These five acquisitions—although all young companies themselves—would extend Twitter in significant ways: business marketing (Twithawk
); realtime news discovery and sharing (TweetMeme
); realtime promotion, publishing and sharing (bizz.ly
); realtime dating/connecting (Skout
); and Twitter management tools (TwitJump
). Twitter could organically grow these new capabilities from within, but acquiring them through M&A would be faster and would also bring new talent into the company. Most important, these markets would bring new revenues to Twitter, extend its network effects, and broaden its footprint—ultimately positioning the company more favorably for a public offering.
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