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Motorola Close To Acquiring Cloud Storage Startup Zecter (YC S07)
- kondro 16y agoI guess YC companies really are all on sale for Christmas.
- gyardley 16y agoI suspect the potential increases in the capital gains rate made founders push a little harder for a this-year close. As it turns out, rates won't be increasing, but the prospect of an extra 5% tax likely started a lot of acquisition conversations which are now playing themselves out.
- kondro 16y agoA 5% increase pushed what appear to be a raft of firesales? Maybe there is something else happening inside this incubator that nobody is telling?
- citricsquid 16y agoor even large companies are thinking "hey, now is a good time to buy what we're interested in!". The cause doesn't have to be YC related :p
- boucher 16y agoIn what way do they appear to be firesales?
- dkasper 16y agoWoah, orange usernames are back?
- samratjp 16y agoCongrats Zecter team - I do hope you will convince Motorola to keep ZumoCast alive and awesome.
- deleted 16y ago[deleted]
- codemechanic 16y agoCongrats Zecter team. Does anybody know the sale price?
- tptacek 16y agoZecter's _Zumocast_ app just got picked by Macworld as one of the best apps of the year, incidentally: http://www.macworld.com/article/156321/2010/12/appgems_mediaphoto.html http://www.macworld.com/article/156321/2010/12/appgems_media...