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	<title>WebProNews &#187; LiveUniverse</title>
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		<title>Revver Survives Scrutiny, Gets Bought</title>
		<link>http://www.webpronews.com/revver-survives-scrutiny-gets-bought-2008-02</link>
		<comments>http://www.webpronews.com/revver-survives-scrutiny-gets-bought-2008-02#comments</comments>
		<pubDate>Fri, 15 Feb 2008 16:39:05 +0000</pubDate>
		<dc:creator>Doug Caverly</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[LiveUniverse]]></category>
		<category><![CDATA[Puppies]]></category>
		<category><![CDATA[Revver]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=44102</guid>
		<description><![CDATA[<p>A little more than one week ago, there was a rumor that Revver was selling itself for between $300,000 and $500,000 (plus $1 million or so in debt).&#160; Now, the purchase price remains unclear, but the video-sharing site has been acquired by LiveUniverse.</p>]]></description>
			<content:encoded><![CDATA[<p>A little more than one week ago, there was a rumor that Revver was selling itself for between $300,000 and $500,000 (plus $1 million or so in debt).&nbsp; Now, the purchase price remains unclear, but the video-sharing site has been acquired by LiveUniverse.</p>
<p><span id="more-44102"></span>
<p>LiveUniverse spent &quot;just under $5 million,&quot; according to <a title="&quot;LiveUniverse Buys Revver for More than a Song (about $5M)&quot;" href="http://newteevee.com/2008/02/14/liveuniverse-buys-revver-for-more-than-a-song/">Liz Gannes</a>.&nbsp; This would be much less embarrassing (for Revver) than the amounts mentioned earlier.&nbsp; Yet Gannes points out, &quot;Revver had raised $12.7 million from Comcast, Turner, Draper Fisher Jurvetson, Bessemer Venture Partners, Draper Richards and William Randolph Hearst III.&quot;</p>
<p><img width="161" height="36" border="0" align="right" alt="Revver Survives Scrutiny, Gets Bought" title="Revver Survives Scrutiny, Gets Bought" src="http://images.ientrymail.com/webpronews/article_pics/revver.jpg" /></p>
<p>So LiveUniverse is still unlikely to be thrilled about the condition of its new property.&nbsp; Plan on hearing about layoffs, fresh features, and perhaps some new partners in the near future.</p>
<p>Also, don&#8217;t be surprised if any changes cut a little deeper than usual &#8211; it&#8217;s possible that coverage of Revver&#8217;s cheapness drove up the site&#8217;s price.&nbsp; Supply and demand works, and so do advertisements for those going-out-of-business sales.</p>
<p>In any event, we&#8217;ll keep an eye out for the final dollar amount of this acquisition.&nbsp; And to brighten your Friday, we&#8217;ll also share this <a title="&quot;Dinnerbell&quot;" href="http://revver.com/video/586410/dinnerbell/">video</a> of 17 happy puppies piling through a small door.</p>
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