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.
Before you go...
To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.
Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
The looming TikTok ban doesn’t strike financial fear into the hearts of creators — it’s community they’re worried about
These fulltime VR creators show Horizon Worlds isn't just for kids
Philly schools are full of technology. Teachers say that’s not enough to close the digital divide.
