So, I've been kinda quiet here. Not for lack of wanting, but strictly because I've been a little busy. We can finally talk about all the craziness here at Telligent, too:
http://telligent.com/news-and-events/news/intel-capital-to-acquire-20-million-stake-in-telligent/
"Intel Capital, Intel’s global investment organization, today announced an agreement to acquire a $20 million stake in Telligent Systems, makers of social computing solutions and business intelligence tools. Based in Dallas, Telligent will utilize the funds to expand its sales teams and territories, including growth in international markets, as well as increase its marketing and advertising initiatives and product development plans."
Rob and I from the start never really wanted to take any investment. People would interview with us and would ask us, "What's your 5 year vision for Telligent?" "What's your end goal?" etc, and it always came back to "We want to create a great company, and some great products." We were lucky enough to be on the forefront of the social networking revolution as one of the first players in the space. And, in the past 12 months we found that in order to stay competitive and be able to continue to do the things we want to do as fast as we wanted to do them, this became very necessary.
Luckily, as we started talking to more and more companies about funding we found that Intel Capital was one of the greatest to work with. They shared our vision and our team, and have really given us the ability to just stretch our wings and execute with a bit more "umph!" behind it.
The coming years are going to be fun. Hold on to your hats!
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