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Hotornot

HotOrNot Sold To Canadian Investors; Price Tag: $20 Million—Or Not

Feb 11, 2008 9:59 PM

A bit of mystery surrounding tonight’s reports that HotOrNot has been sold to investors associated with Canadian company Avid Life Media. TechCrunch, which broke the news and confirmed it with co-founder James Hong, puts the price at around $20 million. But Wired’s Epicenter reports that Hong “took issue” with that…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, avid life media, hotornot

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