Tuesday, May 22, 2007

CBS Buying Wallstrip

Below is the latest Wallstip and today's company is....Wallstrip. CBS has decided to purchase the company and will be implementing it into their new internet strategy. From an entrepreneurial stand point this is a very impressive accomplishment for the guys and gals at Wallstrip. They have turned about 9 months of hard work into a major payday. And why exactly did this happen? I think it has a lot to do with the fact that CBS and the other major networks might finally be realizing that they are going to need some help in getting a handle around the internet. What better way to do that then to invest in companies that thrive in that medium. Congrats to the Wallstrip team on a great success and I look forward to seeing what changes will come under the new ownership.