Wednesday, March 29, 2006

Jupiter Research Sold

Well: it's happened again. My alma mater Jupiter Research has been sold. David Schatsky, the head of Jupiter Reasearch writes about it in his blog. It's pretty much what you would expect from the head of a group being sold ("This is gonna be GREAT!"), but I have to say that I think he's accurate. JupiterMedia, the parent corporation is moving in a different direction, toward the management of digital assets and away from the creation of content.

Getting the Jupiter team inside of a structure that is totally focused on analysis will breathe a lot of energy and life into that company. I wish them all the best of luck, and congratulations.

Oh...and good work, Alan on the 40x multiplier on your original investment. That man has a sense of timing envied by Swiss watchmakers.
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