How to jump into the Web 2.0 space?

Tucows, KikoSimple, buy a Web 2.0 company. Yesterday, aside from the daily dose of spam, one of the first emails to arrive in my box was a request for help finding a business to buy. Ironically a few hours later the announcement from Tucows that they’ve purchased Kiko which is a AJAX calender application for $258,100 on eBay. CEO, Elliot Noss shared on the Tucows corporate blog “Why We Bought“, which comes down to purchasing a ready-made feature instead of investing a few years into developing from scratch. Did this announcement have any effect on the companies stock? Not really, as they opened at $.094 USD and closed at $.90 USD.


About Dave Forde

Dave “The Connector” Forde has been involved in the technology industry across Canada for over 10 years in sales and marketing roles, he launched PR In Canada, and on Profectio.