The interesting part is that the article ends with him and McClure traveling to China for a conference circuit. Did they have any customers in China?

As a rough proxy for the correlation between tech circuit exposure and results, it would be useful to make a scatterplot of the (number of times a company is mentioned on Techcrunch) vs. (exit value in USD). Two companies at opposite ends of the spectrum would be Foursquare ($2M revenue in 2012, mentioned frequently on TC) and Meraki (acquired for $1.2B in cash, handful of posts on TC).