Do you guys on either side of it want to get into the terms of acquisition a bit more, just for curiosity's sake?
I suspect that it is not a spectacular return for the seed investors. Forrst guys get jobs and some nominal signing bonuses as they're likely running low on funds, having closed a $204K seed a year ago. See compete:
It makes a lot more sense for COLOURlovers to acquire the team and the community to strengthen themselves, being an ultra-huge design community. I'm happy that they are keeping Forrst around. CL is also hiring recently, so this gives them a staff boost of good designers/developers with startup mentalities.
Do you guys on either side of it want to get into the terms of acquisition a bit more, just for curiosity's sake?
I suspect that it is not a spectacular return for the seed investors. Forrst guys get jobs and some nominal signing bonuses as they're likely running low on funds, having closed a $204K seed a year ago. See compete:
http://siteanalytics.compete.com/forrst.com/ http://siteanalytics.compete.com/dribbble.com/
It makes a lot more sense for COLOURlovers to acquire the team and the community to strengthen themselves, being an ultra-huge design community. I'm happy that they are keeping Forrst around. CL is also hiring recently, so this gives them a staff boost of good designers/developers with startup mentalities.