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If You Want Twitter To Acquire Your Startup For Millions, Try Moving Into 1 Kendall Square
If You Want Twitter To Acquire Your Startup For Millions, Try Moving Into 1 Kendall Square
Alyson ShontellFeb 5, 2013, 23:33 IST
Twitter recently went on a startup shopping spree in Cambridge, MA. Actually, in one building: 1 Kendall Square.Last week, it acquired Crashlytics and Xconomy pegs the price at more than $100 million in cash and stock, much higher than initial reports suggested.(We find that a little hard to believe since it seems like a protective buy for Twitter, but local outlets are can be well sourced.)Yesterday we reported another acquisition: social TV analytics company Bluefin Labs. AllThingsD estimates a sale price of $70 million. If those pricing reports are accurate, then Twitter just dropped about $200 million all in one place and it now has about 75 employees in the same building.Startups should scramble to get a spot in 1 Kendell Square. It seems like a lucky place to be.
