Google To Buy Mobile Loyalty Card Startup Punchd

#1

Post by seto28 » Fri, Jul 08, 2011, 9:31 PM UTC

Google To Buy Mobile Loyalty Card Startup Punchd
techcrunch.com

Re: Google To Buy Mobile Loyalty Card Startup Punchd

#2

Post by seto28 » Fri, Jul 08, 2011, 9:42 PM UTC

This seems to be the first company from the 500 Startups accelerator program to be acquired. Other companies from the 500 Startups seed fund have previously been acquired, like BackType and CardMunch.

Re: Google To Buy Mobile Loyalty Card Startup Punchd

#3

Post by davidu » Fri, Jul 08, 2011, 10:41 PM UTC

The company says "NO" on Twitter: https://twitter.com/#!/punchd/status/89450652601819136

Re: Google To Buy Mobile Loyalty Card Startup Punchd

#4

Post by thankuz » Fri, Jul 08, 2011, 11:43 PM UTC

davidu wrote: post #3

The company says "NO" on Twitter: https://twitter.com/#!/punchd/status/89450652601819136

Well, technically it says, "have NOT been" as opposed to "are not going to be". Doesn't mean they aren't "talking" about a potential acquisition.

But, a status post like that does lead one to believe they are neither talking about, nor have been acquired.

Or, maybe they're just trying some reverse psychology, who really knows other than the parties involved! ;)

Re: Google To Buy Mobile Loyalty Card Startup Punchd

#5

Post by geekfactor » Sat, Jul 09, 2011, 2:12 AM UTC

It’s been a great week for 500 Startups, which has now sold a company to Twitter (BackType), LinkedIn (CardMunch) and Google.

Isn't the CardMunch deal months old?