OneTwoSee cofounders Jason Angelides (left) and Chris Reynolds.
(Courtesy photo)
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.”
Juliana Reyes became Technical.ly's associate editor after reporting on the Philadelphia tech scene for four years. She's co-president of the Asian American Journalists Association Philadelphia chapter and a two-time Philadelphia News Award winner for "Community Reporting of the Year." The Bryn Mawr College grad lives in West Philly, likes her food spicy and wears jumpsuits often.
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