Chart.ly acquired less than a month after founding for $10K + revenue share

A bit of a clarification...

chartly was built specifically for stocktwits. It evolved out of a conversation between the owners of stocktwits and {Tim Sykes, Adarsh Pallian}. Stocktwits did not have the time to build out a link-based charting service, so those two teamed up and built it out. This is just a natural extension of the business partnership.

Also of note, the team that built chartly are also investors in stocktwits.

And I am a poweruser: http://chart.ly/user/stevenplace

Web 2.0: bringing new meaning to words like "acquired" since 2006.

"for $10k in Cash"

Would be helpful to add that to the title.

Wow, micropayments meet M&A. Nice!

I originally added the terms ("For <$10K, plus revenue sharing," I think), but that made the title too long.

They should have BCCed TechCrunch on the offer and declined to accept it.

I would never trust a business with domain from libya, but that's just me.

Everytime the idea of registering a .ly (Libyan) domain occurs to me, I think of those terrorists from "Back to the Future."