The Inquirer’s Joseph DiStefano (simply @PhillyJoeD here at Technical.ly HQ) reported that OneTwoSee sold to Comcast for $15 million. (Comcast didn’t disclose terms of the deal.)
Not too shabby, he noted, given that the sports media company raised just over $4 million. But one investor told DiStefano it wasn’t quite what he had hoped for:
“It’s not enough,” one told me in a note from the tech exec job where he’s laboring. “Timing is everything. Unfortunately, Comcast is cheap so I have to keep working,” he cracked.
Meanwhile, MissionOG investor George Krautzel held that it was a great story for the Philly tech scene:
“We have a great story here — a Philly-based company that was funded first by local angels,” then bought by “a local institution. OneTwoSee built a good business and had a meaningful exit, to a Fortune 50 company.”
Kinda sounds like what we said.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
Donate to the Journalism Fund
Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.
These 10 regions could be most impacted by federal return-to-office mandates
From Belgaum to Baltimore and beyond, this founder leaned on family to build a biotech juggernaut
Philly grandpa scores Super Bowl tickets thanks to a local startup that raises money for nonprofits
