AllThingsD: A Shareholder Of Demand Cleans Up On Its Purchase of RSS Graffiti For $16 Million: Meet Michael Blend

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AllthingsD.com just posted a story on how one shareholder of DemandMedia, Michael Blend who already received 2 million shares of Demand as part of the compensation for the sale of his former company Hot Keys to Demand,  just sold another company to Demand.

AllthingsD writes:

“Demand Media’s recent purchase of technology company RSS Graffiti is good news for Michael Blend, who owned 40% of the start-up” which Demand just purchased for $16.4 million, “primarily in cash”.

Michael is not just a shareholder of Demand but its executive vice president for special projects.

I have meet Michael on several occasions and he is a very smart, highly likeable guy.

Congrats to Mike.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. FX says

    So hotkeys was sold for whats now work about $18m ?
    Doesnt sound like a great deal at the end of the day.
    Of course it was worth about $55m at the time of the IPO.