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Today was a full day. Both at work and in terms of events. Radu Georgescu [romanian], the first official advisor MavenHut has, just announced he sold Avangate, the biggest company he sold. The price is not public, but I bet it was good for Radu :)
I’m thrilled to announce we have just closed a very strategic transaction with Francisco Partners. With this transaction, Francisco is acquiring Avangate and investing additional capital to further accelerate our already impressive growth. Francisco Partners is one of the most respected private equity firms in the world with over $7 Billion under management and we are extremely pleased to find an investment partner who shares our vision of Customer Centric Commerce. Even more importantly, the capital investment will help us further scale up our operations, deliver expanded platform capabilities, and better serve and support you, our customers.
More information on it here.
The other thing that happened today (not as big, obviously) was that How To Web published a short interview with me, as a prequel to the talk I will be having (along with my co-founder, Cristi) at the event this year.
1. What are the main skills it takes to build an engaging game for social media nowadays?
Looking back to the last two years, the most important skill we had was understanding the metrics and acting on the lessons from them. Of course, understanding what metrics to follow and what to A/B test is another skill you should have (or, at least, cultivate).
The other two questions are on How To Web’s site, here