Chris DeWolfe’s MindJolt Expands Gaming Empire; Buys SGN And Hallpass Media

techcrunch.com

7 pointsprofitbaron3 comments

SGN raised $17M. MindJolt raised $22M and is profitable. So knowing that, how much was SGN really bought for? Can't see MindJolt paying a huge amount, but then again I don't know. Thoughts?

Quote of the day. Hearing MySpace's Founder/Ex-CEO talking about how his focus is building successful Facebook apps:

“We want to create hits on Facebook, mobile and the web,” DeWolfe explains. “That’s direction we’re going in.”

Everyone's one-time friend, Tom, seems to spend a lot of time on Twitter and Facebook these days: http://twitter.com/#!/myspacetom/status/47005131086106624

The writing's on the wall for MySpace. Simple as that.

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