First Twitter Chat M&A Activity Announced!
June 13, 2011 7 Comments
The on-line rumor mill is buzzing with the news that #LeadershipChat has made an unsolicited (but friendly) bid to acquire #TChat (TalentCulture Chat) for a sum equaling a 3.5x annual revenue multiple, plus a hashtag to be named later.
“For months, we’ve been eyeballing #TChat’s growing audience, which occupies the same time slot (8 pm ET Tuesday) during which we convene,” stated Steve Woodruff doppelganger Connection Agent, co-founder of #LeadershipChat. “In fact, many participants were attempting to participate in both chats simultaneously, leading to hashtag distortion fields and chaotic chat neutrino interference. For that reason, we figured we’d better just absorb #TChat, which also gives us Meghan Biro and a couple of minor-league avatar draft choices.”
According to Lisa Petrilli, acknowledged as the real brains behind #LeadershipChat, “Our M&A advisors at J.P. Morgan figured that #TChat was worth at least one large platter of cannolis plus a pair of fiery red stilettos, but we figured we’d base our offer on revenue, which was a much simpler calculation. Competing as two separate chats was clearly a zero-sum game. Turns out that combining was as well!”
Response from the two chat communities was mostly positive. Lurker Mack Collier, founder of #BlogChat, figures any arrangement that dilutes the influence of Steve Woodruff has to be positive. “I can never understand half the stuff he rails on about anyway. Meghan and Lisa, I get. This can only expand the audience of people who aren’t interested in seeing metaphysical concepts reduced into 140-character soundbites.”
Meghan Biro was not available for comment due to a confidentiality clause in the agreement, but according to DMs brought to the surface from her hacked Twitter account, she was preparing to launch her next venture, tentatively called #WhatWereTheyThinking?Chat. Negotiations were well underway to feature a NY congressman as the first guest host of the new chat.
===> Um…OK, the above is a spoof. But, in fact, #LeadershipChat and #TChat ARE having our first joint chat on Tuesday night, June 14th, at 8 pm ET. Please join us as we discuss the topic together: How Magnetic Leadership Attracts the Best Talent. Please use both hashtags (#LeadershipChat #TChat) as you participate!
And, to make your chat experience even more enjoyable, try out ChatTagged, a custom-made Twitter client for helping manage your on-line chat interactions!