Article 679NB Mastodon founder says investors lining up since Elon Musk’s Twitter takeover

Mastodon founder says investors lining up since Elon Musk’s Twitter takeover

by
Dan Milmo Global technology editor
from Technology | The Guardian on (#679NB)

Eugen Rochko has offers of hundreds of thousands of dollars' from Silicon Valley private equity firms

The founder of Mastodon has said he has rejected approaches from more than five US-based investors, as the Twitter rival grows in popularity after Elon Musk's chaotic debut as a social media owner.

Eugen Rochko, who launched the open-source social network in 2016, told the Financial Times he had received the offers from Silicon Valley private equity firms to put hundreds of thousands of dollars" into the product.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments