- 06.01.16
Twitter nearly bought Medium for $500 million
In a piece for the Hive,Vanity Fair‘s new business and tech site, Nick Bilton revealed that last year, Medium CEO and Twitter cofounder Evan Williams tried to convince Twitter’s board to drop a pretty penny on acquiring Medium:
Behind the scenes, the machinations deepened. Co-founder Evan Williams, who remained a board member, was trying to persuade the board to buy his company, Medium, an online publishing platform, for $500 million and integrate the platform, and possibly himself, into Twitter. (The deal ultimately didn’t happen, for a variety of reasons, the price tag among them.)
