Young Canadian internet moguls....

[WannaBe]

http://www.cbc.ca/news/canada/nova-s...firm-sold.html


Their idea is this:

"GoInstant ... lets people in different locations surf and share the web together. The technology allows users to type, click, browse and scroll simultaneously using little more than a GoInstant account and a supported web browser."

I would never think that such a boring idea would sell for $71M. Reminds me of Twitter; I never thought that nonsensical idea would work either....

[flashy_mcflash]

I would never think that such a boring idea would sell for $71M. Reminds me of Twitter; I never thought that nonsensical idea would work either....

Maybe that's why your baller status card is still 'in the mail'

[WannaBe]

Maybe that's why your baller status card is still 'in the mail'

I think that was the point I was making with my "twitter" reference. So smart.

[Ryan]

Jevon is a buddy. Real proud of these guys. Hopefully Whoisology is the next big Canadian startup

[olssy]

http://www.cbc.ca/news/canada/nova-s...firm-sold.html


Their idea is this:

"GoInstant ... lets people in different locations surf and share the web together. The technology allows users to type, click, browse and scroll simultaneously using little more than a GoInstant account and a supported web browser."

I would never think that such a boring idea would sell for $71M. Reminds me of Twitter; I never thought that nonsensical idea would work either....

The idea might seem boring but it is big business and 70 million was probably a bargain compared to how much it would cost to buy gotomeeting or another screen sharing application with a solid company behind it. Also note that they were bought by salesforce, they will most probably bundle it in one of their solutions and charge huge licensing fees to corporations that need this sort of technology.

[EmperorOfCanada]

Jevon is a buddy. Real proud of these guys.

I really need to hang out with you and your friends. Are you taking resumes for a 'best friend'?

[ItechJester]

they built some really good technology, to go with a great idea. don't see the problem here.

will be worth a lot more than 71 million in a few years. good for these guys

[Rehan]

Jevon is a buddy. Real proud of these guys.

He's been doing the enterprise social stuff for quite a while (Firestoker, etc.). I'm guessing he'll enjoy being at Salesforce.com.

Salesforce.com seems to like young Atlantic Canadian entrepreneurs. They also bought Fredericton-based Radian6 last year for $326 million (and an old volleyball teammate of mine made millions from that as an angel investor!).