M&A Sourced Startups

By Robin Wauters, TechCrunch

Card.ly, a Web service that allows anyone to create sweet-looking online business cards (see my personal site robinwauters.com for an example) has been acquired by Workface, the company behind digital business card creation tool BusinessCard2. Terms of the acquisition were not disclosed.”

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  • The way I see it Lief just bought a nice bucket of web-savvy professionals in one fell swoop. I think this will pan out quite nicely for him. Even with a 5% conversion over, the long term ROI should definitely be there.
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