DCM Capital Sold for Peanuts
The sentiment analysis provider, which was launched by Paul Hawtin in May 2012 following the dissolution of his "Twitter Fund", sold yesterday to the highest bidder at the end of a two-week online auction. The winning bid came from a financial technology firm, which Hawtin declined to name.
Hawtin set a guide price of £5 million ($7.8m), but claimed at the start of the auction that anything above the £350,000 ($543,000) invested would represent a success.
However, despite admitting
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