Jan 8, 2008
Will Microsoft Buy Pluck?
It appears that Pluck, the social network service platform favored by names like The Washington Post, The Guardian, Reuters, Gannett, NBC Universal and Hearst, may be for sale.Reports say the price may be as high as $75m with potential interest from Microsoft, Yahoo and AOL.
Founded in 2003, Pluck has raised something like $20m in investment to date: and the Reuters Group. If they get the asking price it will not be a bad return for CEO and co-founder David Panos, who started the company as a venture partner at Austin VP. Presumably if Microsoft buy Pluck the price will be more like $750 million.
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