• BubbleShare Finally Gets Its Payday

    Thursday, January 4th, 2007

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    After a previous flirtation with Fox Interactive that ended abrubtly, Toronto-based BubbleShare finally found a buyer who’ll love them forever.

    Today they announced their acquisition by Kaboose Inc. (TSX: KAB), a small public “family focused online media company” in Canada, for US$2.25 million plus up to another US$750,000 based on an earn-out provision.

    This marks 28 year old founder Albert Lai’s second entrepreneurial success. He was a millionaire before his 20th birthday after founding MyDesktopNetwork and selling it in 1999. He dabbled in a few other startups before BubbleShare, and has now made another mini-fortune. Congrats to the entire team.

    Our previous coverage of BubbleShare is here.

    Sponsored Ads

    blog comments powered by Disqus

    Sponsored Ads

    Sponsored Ads

    Upcoming Events

    Disrupt SF 2012

    San Francisco, CA