Update: This deal fell through. ZingFu was never acquired.
Online identity management platform company ProfileBuilder has acquired ZingFu.com, a social-networking resource site with 600,000 registered members.
Milwaukee based ZingFu.com provides “zany content,” with products including Zing, a photo manipulation tool, Pets, a “tomgatchi style toy,” and Zany Cards, pretty much as the title suggests.
ZingFu.com has released an exclusive TechCrunch 40 zany card section to celebrate the acquisition; see pic below.
The integration of the two sites will provide ZingFu’s users “with a platform to further enhance their online presence.”
ProfileBuilder has also entered a partnership with with Mebeam.com, a Sydney Australia based startup that provides online video conferencing.
Under the deal ProfileBuilder and Mebeam will exchange resources to build co-delivered sites, with ProfileBuilder users being offered extensive video conferencing tools.
The terms of the ZingFu.com acquisition were not disclosed.
ProfileBuilder is a sponsor of the TechCrunch40 conference.
I am interested in valuation metrics. What is a price per registered user?
Does anyone really use this profilebuilder?
For my social management, I use 8hands, cause it’s a desktop tool
and that’s where I get all my profiles updates.
I don’t get these websites.. If I’m gonna open my browser, I might as well log in to my social networks..
Yakov,
Should not be less than $5/user for sure, i have not seen acquisitions that go below $5/user, especially if userbase is larger than 50,000
How can a reputation management service reach full swing and hit critical mass? There would really need to be a connection with the issue of data/reputation management across various social networking platforms…Which is the best reputation service company out there at this point? I haven’t been seeing anything as of yet offering value in this space…
hit and critical mass you will hit only if u do something new and unique and if u are the first to offer a specific service, after that is hard to do something big. differentiate and do not be another clone will also help alot
how do I arrive at valuations for social network sites based on registered number of users? or is there another way of valuing a start up socila net work site?
how do I arrive at valuations for social network sites based on registered number of users? or is there another way of valuing a start up social net work site?