Ardvark Gets Huge Offer from Google
If there’s one corporation that can make a business venture a success, it’s Google. If your company is lucky enough to be taken under its wing then you know your in for success. Or at least a ton of money.
A bunch of ex-Google employees founded a service called Ardvark which allows users to ask people for information and post questions. It was originally developed as a mobile-only app but has recently launched a website version.
They have just received a huge offer from Google amounting to $30 million dollars. Despite all the benefits that an investment from Google would bring to Ardvark the original creators are left with a dilemma. Clearly the project has promise if Google are showing interest, so they may like to roll the dice on this one and refuse to sell hoping for more money in the long run. But then if it’s a flop they could be $30 million down and looking rather foolish indeed.
Other investors and bidders are said to be making offers. To be honest, I can’t see them holding out much longer. That much outside pressure and money dangled in front of them must be swaying debates in the conference room.
