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Pluck Puts Itself Up For Sale

Looks like $75 million is its price

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Things are looking up for Pluck.  Things are looking so good, in fact, that the social media company has reportedly decided to sell itself, and has set $75 million as a target price.

This does, we’ll admit, sound a little steep.  Want an economic indicator?  In the past month, Google’s stock has dropped about $70.  How about something regarding Pluck’s prominence?  A search for the word on Wikipedia leads to an article discussing hair removal.Pluck Puts Itself Up For Sale

Still, Pluck’s customers include Reuters, News Corp., and in a deal announced earlier today, the Guardian.  Discovery Communications, Conde Nast, and the Washington Post are also on an impressive list of "success stories."

So, working on name association alone, $75 million may not be out of the question.  Also, Rafat Ali writes, "Potential buyers include the likes of AOL and Microsoft, and we are told the company has received at least one offer in the range."

We’ll see where this leads, but some patience may be needed – no one’s publicized or discussed any timeframes associated with the sale.

Pluck Puts Itself Up For Sale
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