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It seems whenever a big company acquires a startup there are more chances that the startup ends up shutting down. That is the case with Posterous, the blogging platform that launched in 2008. Twitter acquired Posterous in March of Last year and now we are hearing that the site will shut down on 30th April. [...]
February 17th, 2013 by Loic Cobbina
Wow! That is about all I can say about the news that Twitter has acquired Posterous, the popular blog-posting service and platform that graduated from the Y Combinator program back in ’08. This is one that few would have seen coming and Twitter has achieved a bit of a coup, not least because Posterous is [...]
April 1st, 2012 by Anthony West
Posterous is considered rather comically to be a ‘poor man’s’ version of Tumblr. But that perception is fast changing as Posterous attract the level of venture capitalist funding that has helped build its rivals. The latest funding round sees Redpoint Ventures, Jafco Ventures (a new comer to funding rounds) and a few other more established [...]
September 22nd, 2011 by Anthony West
