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AngelList acquires Product Hunt

techcrunch.com

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Re: AngelList acquires Product Hunt

#3
This acquisition seems to make a lot of sense. Product Hunt is awesome, but it definitely doesn't feel like it's been able to monetize in any meaningful way. The question, of course, is how will Angellist get their $20 mil back?

Re: AngelList acquires Product Hunt

#4
post #3

This acquisition seems to make a lot of sense. Product Hunt is awesome, but it definitely doesn't feel like it's been able to monetize in any meaningful way. The question, of course, is how will Angellist get their $20 mil back?

Do we know the acquisition price?

Re: AngelList acquires Product Hunt

#5
It's common knowledge that Product Hunt is rigged, and they will not heavily punish startups for soliciting upvotes (blatant example: https://twitter.com/minimaxir/status/763156319058616321 ), or even paying for promoted Tweets for their PH submission (https://twitter.com/minimaxir/status/786286705263251456 ) Relatedly, there is no disclosure when an investor is closely affiliated with a submitted startup (and often people upvote just because of the submitter; the followers system promotes this)

A year ago, I wrote a rant asking about this, among other claims that that Product Hunt is elitist (https://medium.com/@minimaxir/the-questions-on-transparency-... ) To my knowledge, there were no significant improvements in response since then in PH rules.

I bring this up now because the AngelList vertical integration now makes perfect sense: since AL is now promoting investment syndicates, there is now even more benefit from investor collusion and lack of disclosure!

Re: AngelList acquires Product Hunt

#6
post #3

This acquisition seems to make a lot of sense. Product Hunt is awesome, but it definitely doesn't feel like it's been able to monetize in any meaningful way. The question, of course, is how will Angellist get their $20 mil back?

AL users might have a more meaningful way in the future to invest in hot PH products.

Re: AngelList acquires Product Hunt

#9
“On the plus side we’ll no longer be homeless and we’l [sic] be able to focus on building what we’re building.”

Does anyone else feel uncomfortable when SF tech workers, in this case a CEO of an acquired startup, talk about homelessness in this way? Trivializing a very real problem to nothing more than a 'headache' or 'distraction' from the greater goal of, I guess, funding more startups?

Re: AngelList acquires Product Hunt

#10

It's common knowledge that Product Hunt is rigged, and they will not heavily punish startups for soliciting upvotes (blatant example: https://twitter.com/minimaxir/status/763156319058616321 ), or even paying for promoted Tweets for their PH submission ( https://twitter.com/minimaxir/status/786286705263251456 ) Relatedly, there is no disclosure when an investor is closely affiliated with a submitted startup (and often…

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