Acquisition Of By Izea

It was only August 2012 when I acquired the business – the first ad serving platform for Twitter profiles. Now, only three months later, it’s gone.

Today it is officially known that ┬ásocial media marketing company Izea has acquired from myself in a cash+stock option agreement. We have been in negotiations on the deal for the past 30 days and it finally came to an end today. It has been a great pleasure working with CEO Ted Murphy and his team during the transfer. I hope to be able to stop by and see them face to face next time I’m in Orlando.

I honestly hate to see the site go. It had so much potential for more growth if the time and effort was put into it. Ted and his team should have no problem growing the site. Their portfolio already includes sites such as PayPerPost and SocialSpark, so Featured Users fits right in.

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