Jaiku Couldnt Be Happier

This is a picture of Jaiku’s co-founder Jyri Engestrom. He looks quite smug after he just sold his company to Google for an undisclosed amount.

But seriously is this a prime picture of what web 2.0 entrepreneurs look like these days. I thought the geeks got the girls. Im hoping the more work i do with web 2.0 and media companies doesnt make me turn into a total geek on the outside as well as the inside, because then i would just have no chance of getting laid.

However, congrats again to Jyri and im sure the people over at Pownce are kicking themselves they didnt have a chance at exiting to Google.

Google have said that the Jaiku team will be relocated to Mountain View for three months before eventually returning back to London. A Google spokesperson speaking to blognation said this acquisition was part of their strategy to counter the closed proprietary nature of Facebook and we should expect to see a few more acquisitions in this space soon.

Tags: Acquisitions england facebook google jaiku jyri engestrom london pownce

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Author: Steven Finch

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Founder and Editor of Crenk. Im CEO of Insomnia Ltd which owns and operates RouteNote (Digital Music Distributor), Adphilia (Site Representation Firm) and Black and White Music (Music Recording Studio).