Sprouter Finds New Life As Postmedia Network Saves The Day

BY: 

Dave Forde
October 3, 2011

A few months ago we reported that Toronto-based Sprouter, which hosts monthly free meetups for entrepreneurs as well as providing advice through their site for their early stage startups announced it was shutting down.  News just broke that they have been acquired by Postmedia Network; its team of four employees and the name will remain in tact and operate as a separate division of Postmedia.

It will be interesting to see what changes will take place with Sprouter’s business model and of course what type of free versus paid services offer as they enter this new chapter in their existence. In various conversations I’ve had with Postmedia Network President Paul Godfrey we can say that he is a true entrepreneur so I’m sure he will try to keep the model as close to status quo as possible, but at the same time he does have to answer to shareholders.  No financials of the deal were disclosed.

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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